Common use of Electric System Surplus Revenue Fund Clause in Contracts

Electric System Surplus Revenue Fund. The Treasurer shall continue to maintain the Electric System Surplus Revenue Fund (the “Surplus Revenue Fund”), so long as any of the 2016 Bonds remain Outstanding; provided, however, that if 2016 Bonds are the only Qualified Obligations Outstanding, such Electric System Surplus Revenue Fund shall be closed on the earlier of (i) the Crossover Date and (ii) the date that no 2016 Bonds remain Outstanding.

Appears in 1 contract

Samples: Installment Purchase Agreement

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Electric System Surplus Revenue Fund. The Treasurer shall continue to maintain the Electric System Surplus Revenue Fund (the “Surplus Revenue Fund”), so long as any of the 2016 2009-A Bonds remain Outstanding; provided, however, that if 2016 2009-A Bonds are the only Qualified Obligations Outstanding, such Electric System Surplus Revenue Fund shall be closed on the earlier of (i) the Crossover Date and (ii) the date that no 2016 2009-A Bonds remain Outstanding.

Appears in 1 contract

Samples: Installment Purchase Agreement

Electric System Surplus Revenue Fund. The Treasurer shall continue to maintain the Electric System Surplus Revenue Fund (the “Surplus Revenue Fund”), so long as any of the 2016 2020 Bonds remain Outstanding; provided, however, that if 2016 2020 Bonds are the only Qualified Obligations Outstanding, such Electric System Surplus Revenue Fund shall be closed on the earlier of (i) the Crossover Date and (ii) the date that no 2016 2020 Bonds remain Outstanding.

Appears in 1 contract

Samples: Installment Purchase Agreement

Electric System Surplus Revenue Fund. The Treasurer shall continue to maintain the Electric System Surplus Revenue Fund (the “Surplus Revenue Fund”), so long as any of the 2016 2024-A Bonds remain Outstanding; provided, however, that if 2016 2024-A Bonds are the only Qualified Obligations Outstanding, such Electric System Surplus Revenue Fund shall be closed on the earlier of (i) the Crossover Date and (ii) the date that no 2016 2024-A Bonds remain Outstanding.

Appears in 1 contract

Samples: Installment Purchase Agreement

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Electric System Surplus Revenue Fund. The Treasurer shall continue to maintain the Electric System Surplus Revenue Fund (the “Surplus Revenue Fund”), so long as any of the 2016 2022 Bonds remain Outstanding; provided, however, that if 2016 2022 Bonds are the only Qualified Obligations Outstanding, such Electric System Surplus Revenue Fund shall be closed on the earlier of (i) the Crossover Date and (ii) the date that no 2016 2022 Bonds remain Outstanding.

Appears in 1 contract

Samples: Installment Purchase Agreement

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