Excess Net Cash Flow Fund Sample Clauses

Excess Net Cash Flow Fund. The Authority has established the Excess Net Cash Flow Fund pursuant to the Bond Indenture as a separate trust account held by the Bond Trustee for the benefit of the Series 2017 Bonds. The Bond Trustee shall create three subaccounts within the Excess Net Cash Flow Fund known as the TIF Revenue Account, the Metro Revenue Account, and the Arena Revenue Account, respectively. The Excess Net Cash Flow Fund and all subaccounts thereunder shall be held by the Bond Trustee as separate trust accounts governed by the Bond Indenture. The Bond Trustee shall deposit moneys into the Excess Net Cash Flow Fund from time to time as provided by and in accordance with the Bond Indenture. The Corporation may use and withdraw moneys held in the Excess Net Cash Flow Fund for the purposes and according to the terms of the Bond Indenture.
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Related to Excess Net Cash Flow Fund

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  • Available Funds $ 5,439,225.01 ---------------

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