Use of Amounts in Net Proceeds Fund Sample Clauses

Use of Amounts in Net Proceeds Fund. Subject to the sole and exclusive determination by the District, following the deposit of any Net Proceeds into the Net Proceeds Fund, the District shall requisition amounts in the Net Proceeds Fund pursuant to one or more written requisitions signed by an Authorized Officer of the District delivered to the Lender: (i) to repair the Site and Facilities to beneficial use within 24-months; provided, however, that if the Site and Facilities are not restored to beneficial use within such time period, then the District shall substitute the Site and Facilities at the District’s sole cost and expense pursuant to Section 3.4; or (ii) for other District purposes, in which case the District shall first substitute the Site and Facilities, at the District’s sole cost and expense, pursuant to Section 3.4; or (iii) to prepay the Lease Payments in accordance with Section 9.3. In any event, if after 24-months the District has not completed (i) or
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Related to Use of Amounts in Net Proceeds Fund

  • Proceeds The Company shall use the proceeds from the issuance and sale of the Securities as set forth in “Use of Proceeds to issuer” in the Offering Circular.

  • Treatment of Passthru Payments and Gross Proceeds The Parties are committed to work together, along with Partner Jurisdictions, to develop a practical and effective alternative approach to achieve the policy objectives of foreign passthru payment and gross proceeds withholding that minimizes burden.

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  • Commingling, Exchange and Investment of the Contributions 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.

  • Payments from the Gross Settlement Amount The Administrator will make and deduct the following payments from the Gross Settlement Amount, in the amounts specified by the Court in the Final Approval:

  • Capital Contributions and Distributions The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes.

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  • CONTRIBUTIONS TO COMPANY WEBSITE Xxxxxxx Roofing may provide an area for our user and members to contribute feedback to our website. When you submit ideas, documents, suggestions and/or proposals ("Contributions") to our site, you acknowledge and agree that:

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