Examples of Acquisition Fund in a sentence
As provided in Section 4.1, payment of the cost of acquiring Property shall be made from the moneys deposited by Purchaser with Lessee in the Acquisition Fund.
After paying all costs and expenses associated with the acquisition of the Property, other than required Rent Payments, Lessee shall cause to be transferred to the Rent Payment Fund all excess moneys remaining in the Acquisition Fund maintained by Lessee (other than any moneys, if any, retained therein to pay Acquisition Costs not then due and payable) to be applied to pay any portion of Rent Payments thereafter coming due.
On the Closing Date, Lessee will cause to be deposited $1,522,500 into the Acquisition Fund, to be established maintained and used by the District, to acquire the Property set forth in Exhibit A and to pay the financial and legal costs of the District associated with this Lease.
Proceeds of the Lease in the Acquisition Fund and investment earnings on such proceeds may be invested without yield restriction for three years after the Start Date of the Lease.
On the Closing Date, Lessee will cause to be deposited $299,735 into the Acquisition Fund, to be established and maintained by the District, to acquire the Property set forth in Exhibit A and to pay the financial and legal costs of the District associated with this Lease.