Remaining Fund Sample Clauses

Remaining Fund. (i) On the Commencement Date, in the event that the amount of the Fund is greater than the Perpetual Endowment Fund calculated in accordance with Section 7.02(b)(i), the balance of the Fund in excess of the Perpetual Endowment Fund shall be held by the Foundation as the Remaining Fund.
Sample 1
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Remaining Fund. The balance of the resources obtained as a result of the collection of the Collection Rights that are deposited in the Collection Account and, if applicable, the yields of the invested amounts that comprise the Trust Assets, except the yields generated in the Structuring Expenses Fund, after having separated out the amounts for establishment and maintenance of the required balance in the Maintenance Fund, the Cash Reserve Fund, and the Debt Service Fund, will be paid into a general fund (the “Remaining Fund”), and said amounts shall be used by the Trustee precisely for the items and in accordance with the order of precedence established in section B of Clause Eight of this Agreement. As long as the amounts deposited in the Remaining Fund are not allocated for their intended purposes, the Trustee shall keep said funds invested in the Permitted Investments, in accordance with the provisions of this Trust. [stamp:] LIC. G. XXXXXXXX XXXX XXXX UNITED MEXICAN STATES NOTARY’S OFFICE NO. 000 XXXXXXX XXXXXXXX, XXXXXX XXXXXXX XXXXXXXX XXXX XXXX NOTARY 131 OF THE FEDERAL DISTRICT - 43 - 44704
Sample 1

Related to Remaining Fund

  • Sinking Funds Unless specified on the face hereof, this Note will not be subject to, or entitled to the benefit of, any sinking fund.

  • Sinking Fund The provisions of Sections 3.04, 3.05 and 3.06 shall be applicable to any sinking fund for the retirement of Securities of a series, except as otherwise specified as contemplated by Section 2.01 for Securities of such series. The minimum amount of any sinking fund payment provided for by the terms of Securities of any series is herein referred to as a “mandatory sinking fund payment,” and any payment in excess of such minimum amount provided for by the terms of Securities of any series is herein referred to as an “optional sinking fund payment”. If provided for by the terms of Securities of any series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 3.05. Each sinking fund payment shall be applied to the redemption of Securities of any series as provided for by the terms of Securities of such series.

  • Sinking Fund Provisions No sinking fund provisions.

  • No Redemption; No Sinking Fund (a) The shares of Series A Preferred Stock shall not be subject to redemption by the Corporation or at the option of any holder of Series A Preferred Stock; provided, however, that the Corporation may purchase or otherwise acquire outstanding shares of Series A Preferred Stock in the open market or by offer to any holder or holders of shares of Series A Preferred Stock.

  • Purchase Price and Payment Date Each Asset purchased by the Receiver pursuant to this Section 3.4 shall be purchased at a price equal to the Repurchase Price of such Asset less the Related Liability Amount applicable to such Asset, in each case determined as of the applicable Put Date. If the difference between such Repurchase Price and such Related Liability Amount is positive, then the Receiver shall pay to the Assuming Institution the amount of such difference; if the difference between such amounts is negative, then the Assuming Institution shall pay to the Receiver the amount of such difference. The Assuming Institution or the Receiver, as the case may be, shall pay the purchase price determined pursuant to this Section 3.4(d) not later than the twentieth (20th) Business Day following the applicable Put Date, together with interest on such amount at the Settlement Interest Rate for the period from and including such Put Date to and including the day preceding the date upon which payment is made.

  • No Sinking Fund No sinking fund shall be established for the retirement or redemption of Series A Preferred Units.

  • Single Payment Only The parties hereto acknowledge and hereby agree that in no event shall the Company be required to pay the Termination Fee on more than one occasion, whether or not the Termination Fee may be payable under more than one provision of this Agreement at the same or at different times and the occurrence of different events.

  • Purchase Price and Payment Terms The Purchase Price shall be paid at the Close of Escrow as provided in the Recitals. The Purchase Price does not include Buyer’s closing costs, loan fees, escrow fees, title insurance policy fees, or any other costs and expenses not noted in the Recitals. The balance of cash due to Seller upon Close shall be paid by Cashier's Check payable to Escrow Holder or as directed in writing by Escrow Holder. Seller acknowledges receipt from Buyer of the Deposit set forth in the Recitals above made payable to Escrow Holder.

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