Common use of Credit for Amounts on Deposit Clause in Contracts

Credit for Amounts on Deposit. If the City prepays the Installment Payments in full under this Article VII, such that the Indenture is discharged by its terms as a result of the prepayment, and upon payment in full of all Additional Payments and other amounts then due and payable hereunder, all available amounts then on deposit in the funds and accounts established under the Indenture shall be credited towards the amounts then required to be so prepaid.

Credit for Amounts on Deposit. If the City prepays the Installment Payments in full under this Article VII, such that the Indenture Trust Agreement is discharged by its terms as a result of the prepaymentterms, and upon payment in full of all Additional Payments and other amounts then due and payable hereunder, all available amounts then on deposit in the funds and accounts established under the Indenture shall Trust Agreement will be credited towards the amounts then required to be so prepaid.