Bond Fund. The Trustee shall establish and maintain, so long as any of the Bonds are outstanding, a separate fund to be known as the "Bond Fund." Money in the Bond Fund shall be applied as provided in this Section 4.2. There shall be deposited in the Bond Fund, as and when received by the Trustee: (a) TIF Revenues as provided in Section 4.6; (b) any amount remaining in the Construction Fund to be transferred to the Bond Fund pursuant to the Indenture upon completion of the Project; (c) all interest and other income derived from investments of Bond Fund moneys as provided herein;
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Samples: Trust Indenture
Bond Fund. The Trustee shall establish and maintain, so long as any of the Bonds are outstanding, a separate fund to be known as the "“Bond Fund." ” Money in the Bond Fund shall be applied as provided in this Section 4.2. There shall be deposited in into the Bond Fund, as and when received by the Trustee: received, (a) TIF Revenues as provided in Section 4.6all Sublease Rental Payments; (b) any amount remaining in the Construction Fund to be transferred to the Bond Fund all payments received pursuant to the Indenture upon completion of the ProjectNotes; (c) all interest and other income derived from investments of Bond Fund moneys as provided herein;payments specified in Section
Appears in 1 contract
Samples: Trust Indenture
Bond Fund. The Trustee shall establish and maintain, so long as any of the Bonds are outstanding, a separate fund to be known as the "“Bond Fund." ” Money in the Bond Fund shall be applied as provided in this Section 4.2. There shall be deposited in the Bond Fund, as and when received, (i) all payments received by the Trustee: (a) TIF Revenues as provided in Section 4.6; (b) any amount remaining in the Construction Fund to be transferred to the Bond Fund pursuant to the Indenture upon completion Notes, including the required deposits of Lease Rental Payments pursuant to Section 4.5 hereof; (ii) all payments specified in Section 3.2 of the Project; (c) all interest and other income derived from investments of Bond Fund moneys as provided hereinLoan Agreement;
Appears in 1 contract
Samples: Trust Indenture
Bond Fund. The Trustee shall establish and maintain, so long as any of the Bonds are outstanding, a separate fund to be known as the "Bond Fund." Money in the Bond Fund shall be applied as provided in this Section 4.2. There shall be deposited in the Bond Fund, as and when received by the Trustee: (a) TIF Revenues as provided in Section 4.6; (b) any amount remaining in the Construction Fund to be transferred to the Bond Fund pursuant to the Indenture upon completion of the Project; (c) all interest and other income derived from investments of Bond Fund moneys as provided herein;; and
Appears in 1 contract
Samples: Trust Indenture