Common use of Pre-Funding Amount and Interest Coverage Amount Clause in Contracts

Pre-Funding Amount and Interest Coverage Amount. On the Closing Date, (i) proceeds of the offering of the Bonds in an amount equal to the Original Pre-Funded Amount shall be deposited into the Pre-Funding Account as contemplated by Section 8.08 of the Indenture; (ii) proceeds of the offering of the Bonds in an amount equal to the Interest Coverage Amount shall be deposited into the Interest Coverage Account as contemplated by Section 8.09 of the Indenture; (iii) the Original Pre-Funded Amount and the Interest Coverage Amount shall become part of the Owner Trust Estate under this Trust Agreement; and (iv) the Original Pre-Funded Amount and the Interest Coverage Amount shall become part of the Trust Estate and the Collateral under the Indenture.