Revenue and Funds Sample Clauses

Revenue and Funds. 23 Section 4.1. Source of Payment of Bonds 23 Section 4.2. Bond Fund 23 Section 4.3. Construction Fund 24 Section 4.4. [Debt Service Reserve Fund 25 Section 4.5. TIF Revenues, Taxpayer Payments and General Revenues 26 Section 4.6. General Revenues 26 Section 4.7. Trust Funds 26 Section 4.8. Investment 27 ARTICLE V. REDEMPTION OF SERIES 2019 BONDS BEFORE MATURITY 28 Section 5.1. Redemption Dates and Prices 28 Section 5.2. Notice of Redemption 28 Section 5.3. Notice of Redemption to Trustee 28 Section 5.4. Cancellation 29 Section 5.5. Redemption Payments 29 ARTICLE VI. GENERAL COVENANTS 30 Section 6.1. Payment of Principal and Interest 30 Section 6.2. Performance of Covenants 30 Section 6.3. Filing of Indenture, Financing Agreement and Security Instruments 31 Section 6.4. Inspection of Books 31 Section 6.5. List of Bondholders 31 Section 6.6. Rights Under Financing Agreement 31 Section 6.7. Investment of Funds 31 Section 6.8. Non-presentment of Bonds 31 Section 6.9. Direction of Bondholders 32 Section 6.10. Certificate of Appropriation 32 (End of Article VI) 32 ARTICLE VII. DEFAULTS AND REMEDIES 33 Section 7.1. Events of Default 33 Section 7.2. Reserved 33 Section 7.3. Remedies; Rights of Bondholders 33 Section 7.4. Right of Bondholders to Direct Proceedings 34 Section 7.5. Application of Moneys 34 Section 7.6. Remedies Vested In Trustee 35 Section 7.7. Rights and Remedies of Bondholders 35 Section 7.8. Termination of Proceedings 36 Section 7.9. Waivers of Events of Default 36 ARTICLE VIII. THE TRUSTEE AND PAYING AGENT 37 Section 8.1. Acceptance of the Trusts 37 Section 8.2. Fees, Charges and Expenses of Trustee and Paying Agent 41 Section 8.3. Notice to Bondholders if Default Occurs 41 Section 8.4. Intervention by Trustee 41 Section 8.5. Successor Trustee 41 Section 8.6. Resignation by the Trustee 41 Section 8.7. Removal of the Trustee 42 Section 8.8. Appointment of Successor Trustee by the Bondholders; Temporary Trustee 42 Section 8.9. Concerning Any Successor Trustees 42 Section 8.10. Trustee Protected in Relying Upon Resolutions, etc 42 Section 8.11. Appointment of Paying Agent and Registrar; Resignation or Removal of Paying Agent 42
Revenue and Funds 

Related to Revenue and Funds

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.”

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