Common use of Establishment of Funds Clause in Contracts

Establishment of Funds. There are established with the Fiscal Agent the following funds and accounts:‌ (a) The Governmental Lender Note Payment Fund; (b) The Project Fund, and within the Project Fund, a Note Proceeds Account, a Capitalized Interest Account and a Borrower Equity Account; (c) The Expense Fund; (d) The Closing Costs Fund; and‌ (e) The Rebate Fund.‌

Establishment of Funds. There are established with the Fiscal Agent the following funds and accounts:‌accounts: (a) The Governmental Lender Note Payment Fund; (b) The Project Fund, and within the Project Fund, a Note Proceeds Account, a Capitalized Interest Account and a Borrower Equity Account; (c) The Expense Fund; (d) The Closing Costs Fund; and‌ (e) The Rebate Fund.‌and

Establishment of Funds. There are established with the Fiscal Agent the following funds and accounts:‌accounts: (a) The Governmental Lender Note Payment Fund; (b) The Project Fund, and within the Project Fund, a Note Proceeds Account, a Capitalized Interest Account and a Borrower Equity Account; (c) The Expense Fund;; and (d) The Closing Costs Rebate Fund; and‌ (e) The . All money required to be deposited with or paid to the Fiscal Agent for the account of any of the funds or accounts created by this Funding Loan Agreement shall be held by the Fiscal Agent in trust for the benefit of the Bank, and, except for money held in the Expense Fund or the Rebate Fund.‌Fund, shall, while held by the Fiscal Agent, be subject to the lien hereof.

Establishment of Funds. There are established with the Fiscal Agent the following funds and accounts:‌accounts: (a) The Governmental Lender Note Payment Fund; (b) The Project Fund, and within the Project Fund, a Note Proceeds Account, a Capitalized Interest Account and a Borrower Equity Account; (c) The Expense Fund;; and (d) The Closing Costs Rebate Fund; and‌ (e) The . All money required to be deposited with or paid to the Fiscal Agent for the account of any of the funds or accounts created by this Funding Loan Agreement shall be held by the Fiscal Agent in trust for the benefit of the Funding Lender, and, except for money held in the Expense Fund or the Rebate Fund.‌Fund, shall, while held by the Fiscal Agent, be subject to the lien hereof.

Establishment of Funds. There are established with the Fiscal Agent the following funds and accounts:‌accounts: [to be updated as necessary upon determination of flow of funds at closing] (a) The Governmental Lender Note Funding Loan Payment Fund; (b) The Project Fund, and within the Project Fund, a Fund (i) the Note Proceeds Account, a Capitalized Interest Account and a Borrower Equity Account; (c) The Expense Fund; (d) The Closing Costs Fund; and‌ (e) The Rebate Fund.‌,