Common use of Deposit of Lease Proceeds Amount; Investment of Amounts in Local Account Clause in Contracts

Deposit of Lease Proceeds Amount; Investment of Amounts in Local Account. (a) On the Closing Date, VRA shall cause the Trustee to deposit the Lease Proceeds Amount into the Local Account and to apply the Lease Proceeds Amount and the earnings thereon as set forth in the Related Supplemental Series Indenture, this Agreement and the Local Tax Document.

Appears in 2 contracts

Samples: Prime Lease, Local Lease Acquisition Agreement

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Deposit of Lease Proceeds Amount; Investment of Amounts in Local Account. (a) On the Closing Date, VRA shall cause the Trustee to deposit the Lease Proceeds Amount into the Local Account and to apply the Lease Proceeds Amount and the earnings thereon as set forth in the Related Supplemental Series Indenture, this Agreement and and, as such amounts relate to 2019 Tax-Exempt New Money Project, the Local Tax Document.

Appears in 1 contract

Samples: Local Lease Acquisition Agreement

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Deposit of Lease Proceeds Amount; Investment of Amounts in Local Account. (a) On the Closing Date, VRA shall cause the Trustee to deposit the Lease Proceeds Amount into the Local Account and to apply the Lease Proceeds Amount and the earnings thereon as set forth in the Related Supplemental Series Indenture, this Agreement and the Local Tax Document.

Appears in 1 contract

Samples: Local Lease Acquisition Agreement and Financing Lease

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