Fund Deposits. A. In order to carry out the purposes of section 607 of the Act as more specifically set forth in Schedule B of this Agreement, for each of the taxable years covered by this Agreement;
Fund Deposits. SECTION 3.
Fund Deposits. The City shall xxxx, collect, and immediately deposit into the PID Reimbursement fund all Assessment Revenue consisting of (1) revenue collected from the payment of Assessments (including prepayments and amounts received from foreclosure of liens but excluding costs and expenses related to collection) levied against Assessed Property; and (2) revenue collected from the payment of Annual Installments (excluding Administrative Expenses and Delinquent Collection Costs) of Assessments levied against Assessed Property. If an Assessment is not paid in full, it shall be paid in Annual Installments as set forth in the SAP. Annual Installments shall be billed and collected by the City (or by any person, entity, or governmental agency permitted by law) in the same manner and at the same time as City ad valorem taxes are billed and collected. Funds in the PID Reimbursement Fund shall only be used in accordance with the SAP and this Agreement in accordance with applicable law.
Fund Deposits. 3.1.1 The City, upon the adoption of each Assessment Ordinance, shall cause to be created and established a Reimbursement Fund (each a “PID Reimbursement Fund”) for the deposit of Assessment Revenue authorized by and collected pursuant to such Assessment Ordinance. Each PID Reimbursement Fund so created and established shall consist solely of the Assessment Revenue authorized by and collected pursuant to the applicable Assessment Ordinance.
Fund Deposits. (i) In addition to the payments specified above in Sections 3.1, 3.2, and 3.4, SoCalGas shall, within thirty (30) days of entry of the Consent Decree, pay to the California Attorney General the sum of ONE HUNDRED THOUSAND DOLLARS ($100,000), which sum shall be deposed in the Aliso Fund. If this payment is made by check, the check shall be made payable to “California Department of Justice” and shall bear on its face the case name (“People v. Southern California Gas Company”) and the internal docket number for this matter (JCCP No. 4861, BC602973, ProLaw LA2016950003). SoCalGas shall deliver this payment to: Office of the Attorney General, 000 X. Xxxxxx Xxxxxx, Xxxxx 0000, Xxx Xxxxxxx, Xxxxxxxxxx 00000, Attention: Xxxxx Xxxxxxxx, Supervising Deputy Attorney General, Environment Section. In the alternative, SoCalGas may request to make this payment by wire transfer. SoCalGas can, at its discretion, combine this payment with the payments described in Sections 3.1, 3.2, ad 3.4 above, for a total single payment of THIRTEEN MILLION TWO HUNDRED THOUSAND DOLLARS ($13,200,000).
Fund Deposits. The City shall bill, collect, and immediately deposit into the Greystone PID Reimbursement Fund all Assessment Revenues consisting of: (1) revenue collected from the payment of Assessments (including pre-payments and amounts received from the foreclosure of liens but excluding costs and expenses related to collection) levied against Assessed Property; and
Fund Deposits. The fund deposits shall accrue in sufficient amount to meet projected repair & replacement cost and provide a contingency fund. The total amount of Capital Repair and Replacement Funds is comprised of the combined, Initial Deposit, plus Projected Costs, plus Contingency Fund.
Fund Deposits. The City, or its designee, shall xxxx and collect Annual Installments in the manner and at the times determined by the City; and, the City shall immediately deposit all Assessment Revenue in the manner set forth in the applicable Bond Indenture. Subject to Section 3.3, the City shall also deposit Bond Proceeds and any other funds authorized or required by the applicable Bond Indenture in the manner set forth in the applicable Bond Indenture. Funds in a PID Project Fund shall only be used in accordance with the applicable Bond Indenture. Prior to the closing of any PID Bonds, the Developer shall make any deposits to the University Property Improvement Account and/or the Developer Property Tax Account in the amount and in the manner set forth in the Bond Indenture relating to such PID Bonds. Any amounts so deposited into such accounts shall be used in the manner set forth in the applicable Bond Indenture and, with respect to the Developer Property Tax Account, the Redemption/Waiver Agreement. Unused funds in the University Property Improvement Account and the Developer Property Tax Account shall be released to the Developer at the time and in the manner set forth in the applicable Bond Indenture and the applicable Redemption/Waiver Agreement.
Fund Deposits. All credits are applied to Customer’s Fund Account: $ 7,200 $12,000 One Time Credit: The Customer will receive 2 credits with each credit being equal to $7,500. Payment Arrangements: The Customer must pay for Company service within 30 days of the date of the Company’s invoice.
Fund Deposits. 10.2 To deposit funds into the Account, the Client shall arrange for the deposit or transfer of the funds to AIML's client account as specified by AIML from time to time. Without prejudice to clause 3, AIML shall be under no duty to credit any funds to the Account until it has received cleared and immediately available funds into its client account and is able to match those funds deposited or transferred form from the Client. Where AIML receives cleared and immediately available funds into AIML's client account after the cut off time specified by AIML from time to time on any Business Day, the funds will be credited to the Account no earlier than the next Business Day. AIML shall not be liable to the Client for:
