Common use of Authority Capital Fund Clause in Contracts

Authority Capital Fund. The Authority shall create a fund to be entitled the Authority Capital Fund into which the Authority shall transfer its share of Net Remaining Revenue calculated in accordance with Section 9.05. Amounts in the Authority Capital Fund may be used by the Authority for any one or more of the following purposes:

Appears in 2 contracts

Samples: Airport Use Agreement, Scope of Agreement

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Authority Capital Fund. The Authority shall create a fund to be entitled the Authority Capital Fund into which the Authority shall transfer its share of all Net Remaining Revenue from each Airport calculated in accordance with Section 9.05. Amounts in the Authority Capital Fund may may, without regard to their source, be used by the Authority for any one or more of the following purposespurposes at either National or Dulles, subject to the limitations set forth in Paragraph 9.06.2:

Appears in 2 contracts

Samples: Washington Airports Authority, Washington Airports Authority

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