Creation of Funds. In the Resolution, the Authority has provided for the creation of the following funds and accounts which funds shall be held by the Authority separate and apart from all other funds and moneys of the Authority and the City:
Creation of Funds. GBRA shall establish, as needed, a Capital Projects Fund, a Debt Service Fund, a Lake XxXxxxxxx Operating Fund, and a Lake XxXxxxxxx Capital Repair and Replacement Fund, pursuant to an approved Bond Resolution or this Contract. Such funds shall be accounted for separately and apart from all other funds of GBRA. GBRA reserves the right to create additional funds pursuant to the terms of any Bond Resolution. The WCID shall establish the CRR Fund and the Hydro Fund. Such funds shall be kept separate and apart from all other funds of the WCID. The WCID reserves the right to create additional funds. The GBRA funds and WCID funds referenced above are collectively referred to hereinafter as the “Funds.”
Creation of Funds. On or before the Closing Date, the Trustee shall establish on its records the following accounts and funds (collectively referred to as the “Funds”) to be maintained by the Trustee for the benefit of the Holders:
Creation of Funds. There are hereby created and ordered to be established in the custody of the Trustee the following special trust funds in the name of the City:
Creation of Funds. There are hereby created and ordered to be established in the custody of the Trustee the following special trust funds in the name of the Issuer to be designated as follows:
Creation of Funds. There are hereby established with the Trustee the following funds and accounts to be held in trust and maintained by the Trustee under this Indenture:
Creation of Funds. (a) There is hereby created and established and shall be maintained by the District the following funds:
Creation of Funds. 15.1.2.1 Within thirty (30) days after Final Approval of this Agreement, Kmart shall transfer to an interest-bearing trust account (the “Account”) the sum of thirty-six thousand (36,000) dollars (the “Named Plaintiff Fund”), and the sum of eight million (8,000,000) dollars (the “Cash Fund”) representing the cash portion of the Damages Sub-Class Fund. All interest earned on the Account between the time the Funds are deposited and the time the Funds are distributed to the Named Plaintiffs, Damages Settlement Sub- Class Named Plaintiffs, and Damages Settlement Sub-Class, less taxes owed on such interest, shall be used to pay the Named Plaintiffs, Damages Settlement Sub-Class Named Plaintiffs, and Damages Settlement Sub-Class in accordance with the provisions of this Agreement. In addition, in accordance with generally accepted accounting principles, Kmart shall establish and maintain a segregated account on its books, in the amount of five million (5,000,000) dollars (the “Gift Card Fund”) representing the Gift Card portion of the Damages Sub-Class Fund. Together, the Cash Fund and the Gift Card Fund (collectively, the “Funds”) shall be used to satisfy and settle claims of and make payments to and/or provide Gift Cards to members of the Damages Sub-Class who are determined to be “Eligible Claimants” (as that term is defined in Paragraph 15.3 herein).
Creation of Funds. The Parties hereby create the following Funds:
Creation of Funds. There are hereby created and established with the Escrow Agent the following special and irrevocable trust funds to be held in the custody of the Escrow Agent and designated as follows:
