Establishment of Revenue Fund Sample Clauses

Establishment of Revenue Fund. There is hereby created and established with the Trustee a trust fund in the name of the Issuer to be designated the “Education Services Facility Lease Revenue Bonds (SWWC Service Cooperative), Series 2024 Revenue Fund” (the “Revenue Fund”). The Borrower will cause the Cooperative to deposit when due all Lease Payments due under the Lease directly to the Trustee for deposit in the Revenue Fund. Any earnings realized from investments in the Revenue Fund shall be credited to the Revenue Fund. As and when received each month, the Trustee shall apply any funds from the Revenue Fund in the following priority:
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Establishment of Revenue Fund. There is hereby created and established with the Trustee a special fund to be designated “East Lansing Xxxxxxxxxx Redevelopment Authority Revenue Fund” (the “Revenue Fund”). Commencing in Tax Year 2021 and continuing through tax year 2049, the City shall transfer to the Trustee within the statutorily-required thirty

Related to Establishment of Revenue Fund

  • PERMANENT ESTABLISHMENT 1. For the purposes of this Agreement, the term "permanent establishment" means a fixed place of business through which the business of an enterprise is wholly or partly carried on.

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