Moneys for Refunding Clause Samples
Moneys for Refunding. If the issuance of a Series of Transition Bonds is a Refunding Issuance, the amount of money necessary to pay the outstanding principal balance of, and premium and interest on, the Transition Bonds being refunded to either the Redemption Date for Transition Bonds being refunded upon redemption, such money to be deposited into a separate account with the Bond Trustee.
Moneys for Refunding. If the issuance of a Series of Securitization Bonds is a Refunding Issuance, the amount of money necessary to pay the outstanding principal balance of and interest on the Securitization Bonds being refunded to the Redemption Date for the Securitization Bonds being refunded upon redemption, such money to be deposited into a separate account with the Trustee.
Moneys for Refunding. If the issuance of a Series of Environmental Control Bonds is a Refunding Issuance, the amount of money necessary to pay the outstanding principal balance of, and premium and interest on, the Environmental Control Bonds being refunded, such money to be deposited into a separate account with the Indenture Trustee.
Moneys for Refunding. If the issuance of a Series is a Refunding Issuance, the amount of money necessary to pay premiums, if any, and the outstanding Principal balance of and interest on the Transition Bonds being refunded to the Redemption Date for the Transition Bonds being refunded upon redemption, such money to be deposited into a separate account with the Trustee.