Use of Moneys in the Bond Fund. Except as provided in Sections 4.03, 4.05, 4.06 and 6.11 hereof, moneys in the various accounts of the Bond Fund shall be used solely for the payment of the principal of, premium, if any, and interest on the Bonds and for the redemption of the Bonds prior to maturity. Subject to the provisions of Section 6.12 hereof, funds for such payments of the principal of and premium, if any, and interest on the Bonds shall be derived from the following sources in the order of priority indicated:
Use of Moneys in the Bond Fund. Except as provided in Sections 5.05, 5.09 and 6.11 hereof, moneys in the Bond Fund shall be used solely for the payment of the principal of, premium, if any, and interest on the Bonds, for the redemption of the Bonds prior to maturity and for payment of the Acceleration Price as defined in Section 8.02 hereof. Subject to the provisions of Section 6.12(b) hereof, funds for such payments of redemption price and principal of and premium, if any, and interest on the Bonds shall be derived from the following sources in the order of priority indicated:
Use of Moneys in the Bond Fund. Except as provided in this Indenture, moneys deposited into the Bond Fund shall be used solely for the payment of the principal of, redemption premium, if any, and interest on the Bonds. Upon receipt of a written notice from the Company pursuant to Section 4.9 of the Agreement or in the case of a directed purchase of Bonds, upon the deposit of cash or Government Obligations in the Bond Fund sufficient, together with other amounts available therefor in the Bond Fund, to make the directed purchase of Bonds, the Issuer and the Trustee covenant and agree to take and cause to be taken the necessary steps to redeem or purchase such principal amount of Bonds as specified by the Company in such written notice; provided, however, that any available moneys in the Bond Fund may be used on direction of the Company to redeem a part of the Bonds Outstanding then redeemable or to purchase Bonds for cancellation so long as the Company is not in default with respect to any payments required pursuant to the Notes and the Agreement and to the extent said moneys are in excess of the amount required for payment of the Bonds theretofore matured or called for redemption and interest accrued and payable in respect of such Bonds Outstanding.
Use of Moneys in the Bond Fund. Except as provided in Sections 509 and 1002 hereof, moneys in the Bond Fund shall be used solely for the payment of the principal of, premium, if any, and interest on the Bonds and for the redemption of the Bonds at or prior to maturity pursuant to Article III hereof.
Use of Moneys in the Bond Fund. Except as provided in Section 4.05 hereof, moneys in the Bond Fund (other than in the Repurchase Moneys Account thereof) shall be used solely for the payment of the principal of, premium, if any, and Interest on the Bonds as the same mature and come due and for the redemption of the Bonds or the purchase in lieu thereof prior to maturity. The Issuer hereby authorizes and directs the Trustee to withdraw moneys from the Bond Fund (other than from the Repurchase Moneys Account thereof) to pay the principal of, premium, if any, and Interest on the Bonds as the same become due and payable and to make said funds so withdrawn available to the Paying Agent for the purpose of paying such principal of, premium, if any, and Interest. Moneys in the Repurchase Moneys Account shall be used for the purchase of Bonds pursuant to Section 3.04 hereof and for no other purpose. Moneys in the Repurchase Moneys Account shall not be subject to the Lien of the Indenture or otherwise available for the payment of principal of, premium, if any, and Interest on the Bonds except for the purchase of Bonds pursuant to Section 3.04 hereof.
Use of Moneys in the Bond Fund. (a) Except as provided in Section 6.09 hereof, moneys in the Bond Fund shall be used solely for the payment of the principal of and interest on the Bonds. No part of the rental payments under the Lease Agreement required to be paid into the Bond Fund (excluding prepayments under Section 9.5 of the Lease Agreement) shall be used to redeem, prior to maturity, a portion of any Bond; provided, that whenever the moneys held in the Bond Fund (in the General Account and in the Special Account) from any source whatsoever are sufficient to redeem or otherwise pay all of the Bonds and to pay interest to accrue thereon prior to such redemption or other payment, the Issuer agrees to take and cause to be taken the necessary steps to redeem all of the Bonds from the sources herein provided on the next succeeding redemption date for which the required redemption notice can be given; and, provided further, that any moneys in the Bond Fund other than rental payments may, at the direction of the Lessee, be used to redeem a portion of the Bonds so long as the Lessee is not in default with respect to any rental payments under the Lease Agreement.
Use of Moneys in the Bond Fund. (a) Except as provided in Sections 707, 802 and 1202, moneys in the Bond Fund shall be used solely for the payment of the principal of, redemption premium (if any) and interest on, the Bonds. At the direction of the Company, any moneys in the Bond Fund may be used to redeem (as herein otherwise permitted) a portion of the Bonds so long as the Company is not in default with respect to any payments due under the Agreement and to the extent that such moneys are in excess of the amount required for the payment of Bonds theretofore matured or called for redemption and the payment of interest then due in all cases where such Bonds have not been presented for payment. No part of the payments required to be paid into the Bond Fund under the Agreement shall be used to redeem, prior to maturity, a portion of the Bonds; provided, that whenever after the Conversion Date the moneys held in the Bond Fund (in the general account and the special account) from any source whatsoever are sufficient to redeem all of the Bonds and to pay interest to accrue thereon prior to such redemption, the Issuer agrees to take and cause to be taken the necessary steps to redeem all of the Bonds on the next succeeding redemption date for which the required redemption notice can be given, and, provided, further, that any moneys in the Bond Fund may be used after the Conversion Date to redeem a portion of the Bonds so long as the Company has made all required payments under the Agreement.
Use of Moneys in the Bond Fund. Except as provided in Section 4.07 hereof, moneys in the Bond Fund shall be used solely for the payment of the principal of:, premium, if any, and interest on the Bonds and for the redemption of the Bonds prior to maturity.
Use of Moneys in the Bond Fund. (a) Except as provided in Section 609 hereof, moneys in the Bond Fund shall be used solely for the payment of the principal of and interest on the Bonds. No part of the rental payments under the Lease Agreement required to be paid into the Bond Fund (excluding prepayments under Section 9.5 of the Lease Agreement) shall be used to prepay, prior to maturity, a portion of any Bond; provided, that whenever the moneys held in the Bond Fund (in the general account and in the special account) from any source whatsoever are sufficient to prepay all of the Bonds and to pay interest to accrue thereon prior to such prepayment, the Issuer agrees to take and cause to be taken the necessary steps to prepay all of the Bonds on the next succeeding prepayment date for which the required prepayment notice can be given; and, provided further, that any moneys in the Bond Fund other than rental payments may be used to prepay a portion of the Bonds so long as the Lessee is not in default with respect to any rental payments under the Lease Agreement.
Use of Moneys in the Bond Fund. Except as provided in Sections 602, 609, 1107 and 1202 hereof, moneys in the Bond Fund shall be used solely for the payment of the premium, if any, and the interest on the Bonds and for the payment or redemption of the principal of the Bonds. Whenever the amount in the Bond Fund from any source whatsoever is sufficient to redeem all of the outstanding Bonds and to pay interest to accrue thereon to such redemption, the Issuer covenants and agrees, upon request of the Lessee, to take and cause to be taken the necessary steps to redeem all such Bonds on the next succeeding redemption date for which the required redemption notice may be given or on such later redemption date as may be specified by the Lessee.
