Deposit of Pledged Revenues Sample Clauses

Deposit of Pledged Revenues. (a) On or before 10:00 a.m., Eastern Time, at least three (3) business days immediately preceding each Interest Payment Date, commencing on February 1, 2019, the Trustee shall deposit the Pledged Revenues (as received from the Redevelopment Commission in accordance with the TIF Pledge Resolution) into the Bond Fund, but no more than shall be necessary for the payment of the principal of and interest on the Bonds on the immediately succeeding Interest Payment Date (taking into consideration any amounts currently deposited therein) and overdue principal and interest payments on outstanding Bonds, together with Annual Fees coming due within the next six (6) months.
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Deposit of Pledged Revenues. Deposit Account Control Agreement 7 Section 3.05. Assignment of Weyerhaeuser Agreement 7 ARTICLE IV FINANCING THE COST OF THE FACILITIES: ISSUANCE OF THE SERIES 2000 XXXXX Xxxxxxx 4.01. [Intentionally Omitted] 8 Section 4.02. Agreement to Issue the Bonds; Application of Bond Proceeds 8 Section 4.03. [Intentionally Omitted] 8 Section 4.04. [Intentionally Omitted] 8 Section 4.05. Investment of Moneys 8 Section 4.06. Arbitrage and Tax Matters 8 ARTICLE V OBLIGATIONS; PROVISIONS FOR PAYMENT Section 5.01. Loan Payments and Other Amounts Payable 8 Section 5.02. Payees of Payments 10 Section 5.03. Obligations of Company Hereunder Unconditional 10 Page
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Deposit of Pledged Revenues. Transfer the Pledged Revenues less Current Cash Requirements to the Depository (as defined in the Deposit Agreement) at the time and in the manner required in Section 3 hereof and the Deposit Agreement. As to the Use Agreement and the Valet Parking Agreement:
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Deposit of Pledged Revenues. Control Agreement 6 Section 3.05. Assignment of Weyerhaeuser Agreement 7 ARTICLE IV FINANCING THE COST OF THE FACILITIES: ISSUANCE OF THE SERIES 2007 BONDS Section 4.01. Agreement to Complete the Facilities 7 Section 4.02. Agreement to Issue the Bonds; Application of Bond Proceeds 7 Section 4.03. Disbursements From the Project Fund 8 Section 4.04. Obligation of the Parties to Cooperate in Furnishing Documents to Trustee 8 Section 4.05. Investment of Moneys 8 Section 4.06. Arbitrage and Tax Matters 8 Section 4.07. Establishment of Completion Date 9 Section 4.08. Completion of the Facilities if Project Fund Insufficient 9 Section 4.09. Plans and Specifications 9 Section 4.10. Surety Bonds; Company to Pursue Remedies Against Contractors and Subcontractors and Their Sureties 10 Page
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Deposit of Pledged Revenues. The Governmental Unit shall pay Pledged Revenues to the Finance Authority for deposit in the Finance Authority Debt Service Account and remittance to the Trustee in an amount sufficient to pay the Loan Agreement Payments, including an amount sufficient to cure any deficiencies in the Loan Agreement Reserve Account to maintain the Loan Agreement Reserve Requirement, if funded.
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Deposit of Pledged Revenues. (a) On the first day of each month, the Trustee shall transfer from amounts in the PFC Revenue Fund the following amounts, in addition to any amounts required to be transferred or paid therefrom under Section 4.03 of the Original Trust, Section 4.02 of the First Supplement, Section 4.02 of the Second Supplement and Section 4.02
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Related to Deposit of Pledged Revenues

  • Deposit of Proceeds Subject to Section 4(b), any interest, cash dividends or other cash distributions received in respect of any Investments and the net proceeds of any sale or payment of any Investments shall be promptly credited to, and held for the credit of the Reserve Account, and any distribution of property other than cash in respect of any Investment shall be credited to, and held for the credit of, the Reserve Account.

  • Deposit of Collections The Borrower shall promptly (but in no event later than two Business Days after receipt) deposit or cause to be deposited into the Collection Account any and all Available Collections received by the Borrower, the Servicer or any of their Affiliates.

  • Deposit and Disbursement Accounts Disclosure Schedule (3.19) lists all banks and other financial institutions at which any Credit Party maintains deposit or other accounts as of the Closing Date, including any Disbursement Accounts, and such Schedule correctly identifies the name, address and telephone number of each depository, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • Disbursement of Proceeds In the event Tenant is required to restore any Property pursuant to Section 10.2 and this Agreement is not terminated as to such Property pursuant to this Article 10, Tenant shall commence (or cause to be commenced) promptly and continue diligently to perform (or cause to be performed) the repair and restoration of such Property (hereinafter called the “Work”), so as to restore (or cause to be restored) the applicable Property in material compliance with all Legal Requirements and so that such Property shall be, to the extent practicable, substantially equivalent in value and general utility to its general utility and value immediately prior to such damage or destruction. Subject to the terms hereof, Landlord shall advance the insurance proceeds and any additional amounts payable by Landlord pursuant to Section 10.2.3 or otherwise deposited with Landlord to Tenant regularly during the repair and restoration period so as to permit payment for the cost of any such restoration and repair. Any such advances shall be made not more than monthly within ten (10) Business Days after Tenant submits to Landlord a written requisition and substantiation therefor on AIA Forms G702 and G703 (or on such other form or forms as may be reasonably acceptable to Landlord). Landlord may, at its option, condition advancement of such insurance proceeds and other amounts on (a) the absence of any Event of Default, (b) its approval of plans and specifications of an architect satisfactory to Landlord (which approval shall not be unreasonably withheld, delayed or conditioned), (c) general contractors’ estimates, (d) architect’s certificates, (e) conditional lien waivers of general contractors, if available, (f) evidence of approval by all governmental authorities and other regulatory bodies whose approval is required, (g), if Tenant has elected to advance deficiency funds pursuant to Section 10.2.3, Tenant depositing the amount thereof with Landlord and (h) such other certificates as Landlord may, from time to time, reasonably require. Landlord’s obligation to disburse insurance proceeds under this Article 10 shall be subject to the release of such proceeds by any Facility Mortgagee to Landlord. Tenant’s obligation to restore the applicable Property pursuant to this Article 10 shall be subject to the release of available insurance proceeds by the applicable Facility Mortgagee to Landlord or directly to Tenant and, in the event such proceeds are insufficient, Landlord electing to make such deficiency available therefor (and disbursement of such deficiency).

  • Deposit of Moneys Prior to 11:00 a.m. New York City time on each interest payment date and maturity date with respect to each Series of Securities, the Company shall have deposited with the Paying Agent in immediately available funds money sufficient to make cash payments due on such interest payment date or maturity date, as the case may be, in a timely manner which permits the Paying Agent to remit payment to the Holders on such interest payment date or maturity date, as the case may be.

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