Unexpended Amounts. Any moneys credited to the 2021 Series D Restricted Loan Subaccount that are not used to pay the costs of the Atlantis Apartments II Housing Facility in accordance with subsection (b) of this Section 5.3, shall be transferred by the Trustee to the 2021 Series D Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2021D Bonds pursuant to Section 3.1(b) hereof, and not later than April 1, 2023 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2021D Bonds, in which case such transfer shall occur on the later specified date or dates.
Appears in 1 contract
Samples: Indenture
Unexpended Amounts. Any moneys credited to the 2021 2024 Series D Restricted Loan Subaccount that are not used to pay the costs of the Atlantis Apartments II Weatherstone Housing Facility in accordance with subsection (b) of this Section 5.3, shall be transferred by the Trustee to the 2021 2024 Series D Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2021D 2024D Bonds pursuant to Section 3.1(b) hereof, and not later than April October 1, 2023 2027, unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2021D 2024D Bonds, in which case such transfer shall occur on the later specified date or dates.
Appears in 1 contract
Samples: Indenture
Unexpended Amounts. Any moneys credited to the 2021 Series D B Restricted Loan Subaccount that are not used to pay the costs of the Atlantis Apartments II Reserves at Green Valley Ranch Housing Facility in accordance with subsection (b) of this Section 5.3, shall be transferred by the Trustee to the 2021 Series D B Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2021D 2021B Bonds pursuant to Section 3.1(b) hereof, and not later than April 1, 2023 2024 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2021D 2021B Bonds, in which case such transfer shall occur on the later specified date or dates.
Appears in 1 contract
Samples: Indenture
Unexpended Amounts. Any moneys credited to the 2021 2023 Series D C Restricted Loan Subaccount that are not used to pay the costs of the Atlantis Apartments II Sapling Grove Housing Facility in accordance with subsection (b) of this Section 5.3, shall be transferred by the Trustee to the 2021 2023 Series D C Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2021D 2023C Bonds pursuant to Section 3.1(b) hereof, and not later than April October 1, 2023 2026 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2021D 2023C Bonds, in which case such transfer shall occur on the later specified date or dates.
Appears in 1 contract
Samples: Indenture