Common use of Creation of the Bond Fund Clause in Contracts

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.

Appears in 3 contracts

Samples: Trust Indenture (Central Sprinkler Corp), A Loan Agreement (Vermont Pure Holdings LTD), Nutrition Management Services Co/Pa

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Creation of the Bond Fund. (a) There is hereby created and established with as a separate account in the custody of the Trustee a trust fund to be designated "the “Bond Fund" which .” There shall be used deposited in the Bond Fund (and credited, as required by this Trust Agreement, to pay when due appropriate Accounts therein), the principal and Purchase Price of, premium, if any, and interest on Base Payments to be made by the BondsCounty to the Trustee (as the assignee of the Corporation) under the terms of the Facilities Agreement.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Creation of the Bond Fund. There is hereby created and established with the Trustee a trust fund to be designated "as the “Bond Fund" .” Upon receipt of money pursuant to Section 6.02 of this Indenture, the Trustee shall deposit such money into the specified accounts of the Bond Fund, which amounts shall be used to pay when due the principal and Purchase Price of, interest on, and redemption premium, if any, with respect to the Bonds and interest on the Bondspurchase price thereof, when due.

Appears in 1 contract

Samples: Loan Agreement (Gateway Trade Center Inc.)

Creation of the Bond Fund. There is hereby created and established with the Trustee a trust fund to be designated "as the “Bond Fund" .” Upon receipt of money pursuant to Section 6.02 of this Indenture, the Trustee shall deposit such money into the specified accounts of the Bond Fund, which amounts shall be used to pay when due the principal of. interest on, and Purchase Price of, redemption premium, if any, with respect to the Bonds and interest on the Bondspurchase price thereof, when due.

Appears in 1 contract

Samples: Loan Agreement (Gateway Trade Center Inc.)

Creation of the Bond Fund. There is hereby created and established with the Trustee a trust fund to be designated "Bond Fund" .” Upon receipt of money pursuant to Section 6.02 hereof, the Trustee shall deposit such money into the specified accounts of the Bond Fund, which amounts shall be used to pay when due the principal and Purchase Price of, premium, if any, and interest on the Bonds.

Appears in 1 contract

Samples: Loan Agreement (Gateway Trade Center Inc.)

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Creation of the Bond Fund. There is hereby created and established with the Trustee a trust fund to be designated "Bond Fund." Upon receipt of moneys pursuant to Section 6.02 hereof, the Trustee shall deposit such moneys into the Bond Fund, which amounts shall be used to pay when due the principal and Purchase Price of, premium, if any, and interest on the Bonds.

Appears in 1 contract

Samples: Trust Indenture (Piercing Pagoda Inc)

Creation of the Bond Fund. There is hereby created and established with the Trustee a trust fund to be designated "Bond Fund." Upon receipt of moneys pursuant to Section 6.02 hereof, the Trustee shall deposit such moneys into the specified accounts of the Bond Fund, which amounts shall be used to pay when due the principal and Purchase Price of, premium, if any, and interest on the Bonds.

Appears in 1 contract

Samples: Loan Agreement (Lannett Co Inc)

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