Authority Contribution Amount. The Authority Contribution Amount shall be funded by the Authority as follows:
(i) On the Initial Authority Contribution Date and on or before the [third] Business Day after the [22nd] day of each calendar month thereafter until the Final Authority Contribution Date, the Authority shall deposit into the Construction Funds Trust, for allocation to the Project Account established for deposit of the Authority Contribution Amount (the “Authority Contribution Trust Account”), the money generated by the tax imposed pursuant to Section 33(1) of the Act before the issuance of the County Bonds, net of (A) any amounts required by the County to be used to fund reserves or other amounts pursuant to Section 34(2)(b) of the Act and (B) any amounts permitted to be paid pursuant to Section 34(2)(c) of the Act.1 Such deposits shall be made by wire transfer of federal funds.
(ii) On the Final Authority Contribution Date, the Authority shall deposit the balance of the Authority Contribution Amount into the Authority Contribution Trust Account. Such deposit shall be made by wire transfer of federal funds.
Authority Contribution Amount. The Authority Contribution Amount shall be funded by the Authority as follows:
(i) On the Initial Authority Contribution Date and on or before the [third] Business Day after the [22nd] day of each calendar month thereafter until the Final Authority Contribution Date, the Authority shall deposit into the Construction Funds Trust, for allocation to the Project Account established for deposit of the Authority Contribution Amount (the “Authority Contribution Trust Account”), the money generated by the tax imposed pursuant to Section 33(1) of the Act before the issuance of the County Bonds, net of (A) any amounts required by the County to be used to fund reserves or other amounts pursuant to Section 34(2)(b) of the Act, and (B) any amounts permitted to be paid pursuant to Section 34(2)(c) of the Act; provided, however, that such deposits to the Authority Contribution Trust Account made pursuant to this Section 3.2(b)(i) on the Initial Authority Contribution Date shall not be less than $25,000,000. Such deposits shall be made by wire transfer of federal funds.
(ii) On the Final Authority Contribution Date, the Authority shall deposit the balance of the Authority Contribution Amount into the Authority Contribution Trust Account. Such deposit shall be made by wire transfer of federal funds.
Authority Contribution Amount. The Authority shall contribute an amount equal to the lesser of:
(i) Three hundred eighty million dollars ($380,000,000) from the sources described in Section 3.2(a)(ii) below; or
(ii) an amount equal to the sum of the following:
(A) the money generated by the taxes, fees, and charges described in subsection 1 of Section 29 of the Act before the issuance of the County Bonds and applied to pay Project Costs pursuant to paragraph (a) of subsection 2 of Section 32 of the Act (such money, the “Pay-Go Tax Proceeds”), plus
(B) the maximum amount of bond proceeds raised from the issuance of the County Bonds, after payment of issuance costs, including capitalized interest, if applicable, and the cost of funding the debt service reserve fund as set forth in the Act (the “County Bond Proceeds”), plus
(C) the face value of Transferable Tax Credits approved by Authority and issued to StadCo in accordance with Section 31 of the Act and Section 3.4 below, plus
(D) a credit in an amount of not less than twenty-five million dollars ($25,000,000) for any costs, expenses, or charges imposed upon, assessed to, or otherwise required to be incurred by, StadCo as provided in subsection 3 of Section 33 of the Act, as further described in the County Development Agreement (such amount, the “County Credit”). The lesser amount of Section 3.2(a)(i) or Section 3.2(a)(ii) above shall be referred to herein as the “Authority Contribution Amount.”
Authority Contribution Amount. The Authority Contribution Amount shall be funded by the Authority as follows:
