Common use of Establishment of Administrative Expense Fund Clause in Contracts

Establishment of Administrative Expense Fund. There is hereby established as a separate fund to be held by the Fiscal Agent, the “Administrative Expense Fund,” to the credit of which the amount budgeted and levied for Administrative Expenses shall be made. Moneys in the Administrative Expense Fund shall be held in trust by the Fiscal Agent for the benefit of the District, and shall be disbursed as provided below.

Establishment of Administrative Expense Fund. There The Administrative Expense Fund is hereby established as a separate fund to be held by the Fiscal Agent, the “Administrative Expense Fund,” to the credit of which the amount budgeted and levied for Administrative Expenses deposits shall be mademade as required by Section 4.05(A). Moneys in the Administrative Expense Fund shall be held in trust by the Fiscal Agent for the benefit of the DistrictCity, and shall be disbursed as provided below.

Establishment of Administrative Expense Fund. There is hereby established as a separate fund to be held by the Fiscal Agent, the “Administrative Expense Fund,” to the credit of which the amount budgeted and levied for Administrative Expenses shall be made. Moneys in the Administrative Expense Fund shall be held in trust by the Fiscal Agent for the benefit of the District, and shall be disbursed as provided below.

Establishment of Administrative Expense Fund. There The Administrative Expense Fund is hereby established as a separate fund to be held by the Fiscal AgentAdministrative Services Director for the benefit of the City, the “Administrative Expense Fund,” to the credit of which the amount budgeted and levied for Administrative Expenses deposits shall be mademade as required by Sections 4.01 (if applicable) and 4.05(B). Moneys in the Administrative Expense Fund shall be held in trust by the Fiscal Agent Administrative Services Director for the benefit of the DistrictCity, and shall be disbursed as provided below.

Establishment of Administrative Expense Fund. There The Administrative Expense Fund is hereby established as a separate fund to be held by the Fiscal AgentTreasurer, the “Administrative Expense Fund,” to the credit of which the amount budgeted and levied for Administrative Expenses deposits shall be mademade as required by Section 5.01(D). Moneys in the Administrative Expense Fund shall be held in trust by the Fiscal Agent Treasurer for the benefit of the District, District and shall be disbursed as provided belowin subsection (B) of this Section for payment or reimbursement of costs of the District in connection with the administration of this Agreement, the Bonds and the Assessment District.