Creation of Funds and Accounts. There are hereby created and established the following Funds and Accounts to be held by the Trustee, or, in the case of the Acquisition Fund, the Revenue Fund or the Administration Fund, by the Trustee or a Deposit Agent, and maintained in accordance with the provisions of this Indenture:
Creation of Funds and Accounts. (a) The following fund and the following accounts therein, which shall be a special fund and accounts to be held by the Trustee, are hereby created and designated as set forth below: Bond Fund
(a) Interest Account (b) Principal Account (c) Redemption Account The designation of each fund and account set forth above shall include the term "Consolidated Edison Company of New York, Inc. Series 1999A," which term shall precede the designation as set forth above. Such fund and each such account is, however, sometimes referred to herein as set forth above.
(b) The Bond Fund and the accounts therein shall be held in the custody of the Trustee. All monies required to be deposited with or paid to the Trustee under any provision of this Indenture shall be held by the Trustee in trust and applied only in accordance with the provisions of this Indenture and shall be trust funds for the purposes specified in this Indenture.
Creation of Funds and Accounts. (a) The Trustee shall create within the Debt Retirement Account of the Transportation Facilities Projects Fund created by the Original Agreement a separate 2020 Reserve Subaccount and shall segregate the funds and investment earnings thereon from the funds and investment earnings for all other Reserve Subaccounts within the Debt Retirement Account. The amount on deposit in the 2020 Reserve Subaccount shall be held in trust by the Trustee for the benefit of the holders of the Series 2020 Bonds and any Additional Bonds secured thereby.
(b) The Trustee shall create within the Debt Retirement Account of the Transportation Facilities Projects Fund created by the Original Agreement a separate 2020 Bond Service Subaccount.
(c) The Trustee shall create within the Capital Account of the Transportation Facilities Projects Fund created by the Original Agreement a separate 2020 Bond Proceeds Subaccount.
Creation of Funds and Accounts. There are hereby created by the Issuer and ordered established the following trust funds and trust accounts to be held by the Trustee:
(a) A separate Bond Fund, to be designated "City of Forsyth, Montana, Pollution Control Revenue Refunding Bonds (Portland General Electric Company Project) Series 1998A Bond Fund" and therein a Principal Account and an Interest Account.
(b) A separate Costs of Issuance Fund to be designated "City of Forsyth, Montana Pollution Control Revenue Refunding Bonds (Portland General Electric Company Project) Series 1998A Costs of Issuance Fund" for the payment of the Costs of Issuance.
Creation of Funds and Accounts. There are hereby created and established the following Funds and Accounts (each of which shall be a securities account, as defined in Section 8-501 of the UCC) to be held by the Trustee, or, in the case of the Acquisition Fund, the Revenue Fund or the Administration Fund, by the Trustee or a Deposit Agent, and maintained in accordance with the provisions of this Indenture:
Creation of Funds and Accounts. 47 Section 6.02. Disposition of Bond Proceeds and Certain Other Moneys............................................47 Section 6.03. Payments from Costs of Issuance Fund..................
Creation of Funds and Accounts. The following Funds and Accounts of the Issuer are hereby created and established with the Trustee:
(a) the Project Fund;
(b) the Costs of Issuance Fund;
(c) the Revenue Fund, consisting of the Unavailable Moneys Account, the Available Moneys Account and the Credit Facility Account;
(d) the Debt Service Fund, consisting of the Interest Account, the Principal Account and the Redemption Account;
(e) the General Fund; and
(f) the Purchase Fund and the Undelivered Bond Account therein. Each Fund and Account shall be maintained by the Trustee as a separate and distinct trust fund or account to be held, managed, invested, disbursed and administered as provided in this Indenture. All moneys deposited in the Funds and Accounts shall be used solely for the purposes set forth in this Indenture. The Trustee shall keep and maintain adequate records pertaining to each Fund and Account and all disbursements therefrom.
Creation of Funds and Accounts. (A) The Authority hereby establishes and creates the following special trust Funds and Accounts within such Funds:
Creation of Funds and Accounts. (A) There are hereby created and established the Revenue Fund, the Construction Fund within which there are created a Series 2010 XXXx Xxxxx Account and a Series 2010 Bond Account, the Costs of Issuance Fund, the Debt Service Fund, within which there is hereby created and established a Senior Bonds Principal Account and a Senior Bonds Interest Account, the Reserve Fund, the Subordinate Debt Service Fund within which there is hereby created and established a Subordinate Bonds Principal Account and a Subordinate Bonds Interest Account, the Repair and Replacement Fund, the Rebate Fund, within which there is hereby created and established the 2010 Rebate Account the Surplus Fund, and the accounts therein hereinafter authorized. The Issuer shall create and establish a separate subaccount within the Construction Fund for each Series of Bonds as Direct Subsidy Bonds.
(B) The Debt Service Fund, the Costs of Issuance Fund, the Construction Fund, the Reserve Fund, the Subordinate Debt Service Fund and the Repair and Replacement Fund created hereunder, and all accounts therein hereafter created shall constitute trust funds for the purposes herein provided, shall be held by the Trustee and shall at all times be kept separate and distinct from all other funds of the Issuer and used only as herein provided. Moneys held in the Construction Fund, the Debt Service Fund, the Reserve Fund, the Subordinate Debt Service Fund and the Repair and Replacement Fund and the accounts therein shall be subject to a lien and charge in favor of the Bondholders in the manner and to the extent provided herein; provided, however, that the Bondholders shall have no lien on or right to payment from amounts on deposit in the 2010 Rebate Account and the Cost of Issuance Fund.
Creation of Funds and Accounts. (a) Initially, no debt service reserve fund will be established for the Series 2022 Bond. If the MDTA issues any Additional Bonds subsequent to the closing date that are secured by a debt service reserve fund while the Series 2022 Bond is outstanding, then the MDTA will be required to establish and fund the 2022 Reserve Account in an amount equal to the Reserve Subaccount Requirement pursuant to this Section 4.01(a). If directed in writing by MDTA, the Trustee shall create within the Debt Retirement Account of the Transportation Facilities Projects Fund created by the Original Agreement a separate 2022 Reserve Subaccount and shall segregate the funds and investment earnings thereon from the funds and investment earnings for all other Reserve Subaccounts within the Debt Retirement Account. The amount on deposit in the 2022 Reserve Subaccount shall be held in trust by the Trustee for the benefit of the Holder of the Series 2022 Bond and any Additional Bonds secured thereby.
(b) The Trustee shall create within the Debt Retirement Account of the Transportation Facilities Projects Fund created by the Original Agreement a separate 2022 Bond Service Subaccount.
(c) The Trustee shall create within the Capital Account of the Transportation Facilities Projects Fund created by the Original Agreement a separate 2022 Bond Proceeds Subaccount.
