Common use of Surplus in Project Fund Clause in Contracts

Surplus in Project Fund. Any amount remaining in the Project Fund after the Certificate of Completion has been delivered to the Trustee, shall be transferred by the Trustee into the Principal and Interest Payment Account and used and applied by Trustee for the purposes and at the times authorized by the Indenture.

Appears in 3 contracts

Samples: Collins Industries Inc, Lease Agreement (Ifr Systems Inc), Supplemental Lease Agreement (Royal Caribbean Cruises LTD)

AutoNDA by SimpleDocs

Surplus in Project Fund. Any amount remaining in the Project Fund after the Certificate of Completion has been delivered to the Trustee, Trustee shall be transferred by paid to the Trustee into the Principal and Interest Payment Account and used and applied by Trustee for the purposes and at the times authorized by the IndentureTenant.

Appears in 1 contract

Samples: Lease (Federal Home Loan Bank of Topeka)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.