Establishment and Application of Proiect Fund Sample Clauses

Establishment and Application of Proiect Fund. (A) The Bond Trustee shall establish, maintain and hold in trust a separate fund designated as the "Proj ect Fund," The Project Fund shall consist of the amounts required or permitted to be deposited therein pursuant to any provision hereof, and the proceeds of the 2007 Bonds shall be deposited therein in the amount set out above. The moneys in the Proj ect Fund shall be used and withdrawn by the Bond Trustee to pay the costs of the design, acquisition, construction and equipping of the Project upon receipt of requisitions of the Issuer therefor. A portion of the moneys deposited in the Project Fund may be expended immediately to reimburse the Issuer for the cost of capital expenditures previously made.
Sample 1
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Related to Establishment and Application of Proiect Fund

  • Authorization and Application of Overtime (a) An employee who is required to work overtime shall be entitled to overtime compensation when:

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  • RECOGNITION AND APPLICATION A. For purposes of this agreement only, and subject to the provisions of Chapter 288 of the Nevada Revised Statutes, the County and the unincorporated town of Jackpot recognize the Association as the bargaining agent for the employees scheduled to work at least 1040 hours or more during the fiscal year (hereinafter referred to as “regular employees”), employed in the classifications set forth in Exhibit “A” to negotiate in respect to those mandatory subjects of bargaining set forth in NRS Section 288.150(2), but excluding District Court and juvenile probation appointees of the Fourth Judicial District, volunteers, department heads, elected officials, supervisory and administrative employees, temporary employees and employees who have decided pursuant to NRS 288.140(2) to act for themselves with respect to any condition of their employment.

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