Common use of ERAN Account Clause in Contracts

ERAN Account. The Treasurer shall continue to maintain the ERAN Account, heretofore created under Ordinance No. 5032 of the City Council, so long as any Qualified Obligations remain Outstanding; provided, however, that if 2022 Bonds are the only Qualified Obligations Outstanding, such account shall be closed on the date that no 2022 Bonds remain Outstanding and no obligations payable from such account remain outstanding.

ERAN Account. The Treasurer shall continue to maintain the ERAN Account, heretofore created under Ordinance No. 5032 of the City Council, so long as any Qualified Obligations remain Outstanding; provided, however, that if 2022 2014-A Bonds are the only Qualified Obligations Outstanding, such account shall be closed on the earlier of (i) the Crossover Date and (ii) the date that no 2022 2014-A Bonds remain Outstanding and no or obligations payable from such account remain outstanding.

ERAN Account. The Treasurer shall continue to maintain the ERAN Account, heretofore created under Ordinance No. 5032 of the City Council, so long as any Qualified Obligations remain Outstanding; provided, however, that if 2022 2009-A Bonds are the only Qualified Obligations Outstanding, such account shall be closed on the earlier of (i) the Crossover Date and (ii) the date that no 2022 2009-A Bonds remain Outstanding and no or obligations payable from such account remain outstanding.

ERAN Account. The Treasurer shall continue to maintain the ERAN Account, heretofore created under Ordinance No. 5032 of the City Council, so long as any Qualified Obligations remain Outstanding; provided, however, that if 2022 2020 Bonds are the only Qualified Obligations Outstanding, such account shall be closed on the earlier of (i) the Crossover Date and (ii) the date that no 2022 2020 Bonds remain Outstanding and no or obligations payable from such account remain outstanding.

ERAN Account. The Treasurer shall continue to maintain the ERAN Account, heretofore created under Ordinance No. 5032 of the City Council, so long as any Qualified Obligations remain Outstanding; provided, however, that if 2022 2016 Bonds are the only Qualified Obligations Outstanding, such account shall be closed on the earlier of (i) the Crossover Date and (ii) the date that no 2022 2016 Bonds remain Outstanding and no or obligations payable from such account remain outstanding.

ERAN Account. The Treasurer shall continue to maintain the ERAN Account, heretofore created under Ordinance No. 5032 of the City Council, so long as any Qualified Obligations remain Outstanding; provided, however, that if 2022 2015-A Bonds are the only Qualified Obligations Outstandingand Second Lien Qualified Obligations outstanding, such account shall be closed on the earlier of (i) the Crossover Date and (ii) the date that no 2022 2015-A Bonds remain Outstanding and no or obligations payable from such account remain outstanding.

ERAN Account. The Treasurer shall continue to maintain the ERAN Account, heretofore created under Ordinance No. 5032 of the City Council, so long as any Qualified Obligations remain Outstanding; provided, however, that if 2022 2024-A Bonds are the only Qualified Obligations Outstanding, such account shall be closed on the date that no 2022 2024-A Bonds remain Outstanding and no obligations payable from such account remain outstanding.