Refunded Obligations. Except as otherwise provided in Exhibit B hereto and to the extent there are Outstanding Refunded Obligations of the School District, as of the date of delivery of this Financing Agreement to the Authority, the School District has applied the full amount of the proceeds of the Refunded Obligations to the costs of the Project. Any proceeds of the Refunded Obligations not yet expended for purposes of the Project shall be applied as provided in Section 3.4(D) of this Agreement.
Appears in 6 contracts
Samples: Financing Agreement, Financing Agreement, Financing Agreement
Refunded Obligations. Except as otherwise provided in Exhibit B hereto and to the extent there are Outstanding Refunded Obligations of the School District, as of the date of delivery of this Financing Agreement to the Authority, the School District has applied the full amount of the proceeds of the Refunded Obligations to the costs of the Project. Any proceeds of the Refunded Obligations not yet expended for purposes of the Project shall be applied as provided in Section 3.4(D) of this Financing Agreement.
Appears in 2 contracts
Samples: Financing Agreement, Financing Agreement
