Common use of Application of Proceeds of Bonds Clause in Contracts

Application of Proceeds of Bonds. On the date of issuance of the Bonds, the Issuer shall cause the proceeds of the Bonds to be deposited in the Construction Fund pursuant to Section 7.02 of the Indenture and applied as provided therefor.

Appears in 2 contracts

Samples: Lease Agreement (Winsloew Furniture Inc), Lease Agreement (Cavalier Homes Inc)

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Application of Proceeds of Bonds. On the date of issuance of the Bonds, the Issuer shall cause the proceeds of the Bonds to be deposited in the Acquisition/Construction Fund pursuant to Section 7.02 of the Indenture and applied as provided therefor.

Appears in 2 contracts

Samples: Loan Agreement (Color Imaging Inc), Loan Agreement (Color Imaging Inc)

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