Creation of the Bond Fund. There is hereby created and established with the Trustee a trust fund to be designated "Bond Fund" which shall be used to pay when due the principal and Purchase Price of, premium, if any, and interest on the Bonds.
Creation of the Bond Fund. There is hereby created by the Issuer and ordered established with the Trustee a trust fund to be designated “Xxxxx County, Nevada Industrial Development Revenue Bonds (Southwest Gas Corporation Project) Series 2004A — Bond Fund” (the “Bond Fund”), which shall be used to pay the principal of and premium, if any, and the interest on the Bonds. If a Letter of Credit is applicable to the Bonds, the Trustee shall create within the Bond Fund an account called the “Letter of Credit Account,” into which all moneys drawn under any Letter of Credit to pay principal, interest, or redemption price (including premium, if any) of the Bonds shall be deposited and disbursed. Neither the Borrower nor the Issuer shall have any rights to or interest in the Letter of Credit Account. The Letter of Credit Account shall be established and maintained by the Trustee and held in trust apart from all other moneys and securities held under this Indenture or otherwise, and the Trustee shall have the exclusive and sole right of withdrawal of funds from the Letter of Credit Account for the exclusive benefit of the Holders of the Bonds. No moneys from the Letter of Credit Account may in any circumstance be used to pay principal or redemption price (including premium, if any) of or interest on any Bank Bonds or Borrower Bonds. Section 6.03.
Creation of the Bond Fund. There is hereby created and established with the Trustee a trust fund to be designated "Private Activity Revenue Bonds, Series 1996 (Simmxxx Xxxpany Project), of the City of Shawnee, Kansas - Bond Fund," which shall be used to pay when due the principal and Purchase Price of, premium, if any, and interest on the Bonds. Within the Bond Fund there is hereby created and established certain trust accounts, to be designated the "General Account," the "Letter of Credit Account," and the "Remarketing Account." Moneys drawn under the Letter of Credit shall be deposited in the Letter of Credit Account and shall be held separate and apart from moneys derived from any other source. Moneys received from the Remarketing Agent shall be deposited in the Remarketing Account and shall be held separate and apart from moneys derived from any other source. Unless otherwise specified, all moneys received by the Trustee for deposit into the Bond Fund shall be credited to the General Account. Any reference herein to the "Bond Fund" without further qualification or explanation shall, unless the context indicates otherwise, constitute a reference to the General Account.
Creation of the Bond Fund. There is hereby created by the County and ordered established with the Trustee a trust fund to be designated "Taylxx Xxxnty, Florida Industrial Development Revenue Bond Fund -- CPG Products Corp. Project, Series 1979", which shall be used to pay the principal of and the interest on the Bonds. There shall be established as trust accounts within the Bond Fund a general account and a special account. Any reference in this Indenture to "Bond Fund" without further qualification or explanation shall constitute a reference to said general account.
Creation of the Bond Fund. There is hereby created by the Issuer and ordered established with the Trustee a trust fund to be designated "Development Authority of DeKalb County Bond Fund -- Radiation Sterilizers, Incorporated Project, 1985", which shall be used to pay the principal of, and the redemption premium (if any) and interest on, the Bonds. There shall be established as trust accounts within the Bond Fund a general account and a special account. Any reference in this Indenture to "Bond Fund" without further qualification or explanation shall constitute a reference to said general account.
Creation of the Bond Fund. There is hereby created by the Issuer and ordered established with the Trustee a trust fund to be designated “Xxxxx County, Nevada Industrial Development Revenue Bonds (Southwest Gas Corporation Project) Series 2003 - Bond Fund” (the “Bond Fund”), which shall be used to pay the principal of and premium, if any, and the interest on the Bonds and accounts within the Bond Fund which shall be designated the “Series 2003A Account,” the “Series 2003B Account,” the “Series 2003C Account,” the “Series 2003D Account” and the “Series 2003E Account” of the Bond Fund. If a Letter of Credit is applicable to any Series of Bonds, the Trustee shall create within the Bond Fund an account called the “Letter of Credit Account,” and shall create within such Letter of Credit Account one or more subaccounts relating to each Series of Bonds secured by a Letter of Credit, into which all moneys drawn under any Letter of Credit to pay principal, interest, or redemption price (including premium, if any) of the Bonds shall be deposited and disbursed, in all cases according to the Series designation of the Bonds secured by such Letter of Credit. Neither the Borrower nor the Issuer shall have any rights to or interest in the Letter of Credit Account. Each such subaccount within the Letter of Credit Account shall be established and maintained by the Trustee and held in trust apart from all other moneys and securities held under this Indenture or otherwise, and the Trustee shall have the exclusive and sole right of withdrawal of funds from each subaccount within the Letter of Credit Account for the exclusive benefit of the Holders of the Bonds of the Series with respect to which such a drawing on a related Letter of Credit was made. No moneys from the Letter of Credit Account may in any circumstance be used to pay principal or redemption price (including premium, if any) of or interest on any Bank Bonds or Borrower Bonds, nor may the moneys from any subaccount within the Letter of Credit Account be used for any payment with respect to Bonds of any Series other than the Series to which such subaccount relates.
Creation of the Bond Fund. There is hereby created by the Issuer a special fund to be designated “Gainesville and Hall County Development Authority Revenue Bond Fund, Fox Factory, Inc. Project, Series 2020,” which shall be held by a depository designated from time to time by the Issuer separate and apart from all other deposits or funds of the Issuer, and shall be used to pay the principal of and interest on the Bonds. There shall be established as separate accounts within the Bond Fund a general account and a special account. The special account may be established by the Issuer for bookkeeping purposes only and moneys designated as being held in the special account may be held in any segregated account designated by the Issuer for such purpose. Any reference in this Financing Agreement to “Bond Fund” without further qualification or explanation shall constitute a reference to said general account. Notwithstanding anything herein to the contrary, the Issuer shall be not required to maintain a Bond Fund as long as a direct payment agreement is in effect with respect to the Series 2020 Bonds and the Lessee is timely making payments under the Lease.
Creation of the Bond Fund. There is hereby created by the Issuer and ordered established with the Trustee a trust fund to be designated “The Industrial Development Corporation of Xxxxxxx County, Idaho, Solid Waste Disposal Revenue Bonds (Intrepid Technology and Resources Biogas, LLC Project) Series 2006, Bond Fund” (which is referred to herein as the “Bond Fund”), which shall be used to pay the principal of, premium, if any, and the interest on the Bonds.
Creation of the Bond Fund. There is hereby created by the Issuer and ordered established with the Trustee a trust fund to be designated "Development Authority of Heard County Bond Fund - Tenaska Georgia Partners, L.P. Project, Series 1999", which shall be used to pay the principal of and interest on the Bonds. There shall be established as trust accounts within the Bond Fund a General Account and a Special Account. The Special Account may be established by the Trustee for bookkeeping purposes only and moneys designated as being held in the Special Account may be held in any segregated account designated by the Trustee for such purpose. Any reference in this Indenture to "Bond Fund" without further qualification or explanation shall constitute a reference to said General Account.
Creation of the Bond Fund. There is hereby created by the Issuer and ordered established with the Trustee a trust fund to be designated "Clarx Xxxnty, Nevada Industrial Development Revenue Bonds (Southwest Gas Corporation Project) Series 1999 - Bond Fund" (the "Bond Fund"), which shall be used to pay the principal of and premium, if any, and the interest on the Bonds and accounts within the Bond Fund which shall be designated the "Series 1999A Account" and the "Taxable Series 1999B Account" of the Bond Fund. The Trustee is hereby authorized to create additional accounts as necessary upon conversion of any Series 1999B Bonds to Bonds of a Tax-Exempt Series.
