Authority Contribution Trust Account definition

Authority Contribution Trust Account shall have the meaning set forth in Section 3.2(b)(i) of this Agreement.

Examples of Authority Contribution Trust Account in a sentence

• StadCo and the Authority separately shall direct in writing to the Trustee such investments in the StadCo Contribution Trust Account (and related Subaccounts) and the Authority Contribution Trust Account (and related Subaccounts), respectively.

• Pursuant to Section 3.2(b)(ii) of the Development Agreement, on the Final Authority Contribution Date, the Authority shall make or cause to be made a deposit of the balance of the Authority Contribution Amount (after giving effect to the deposits set forth in Section 3.2(a) hereof) into the Authority Bond Proceeds Subaccount of the Authority Contribution Trust Account.

• The Trustee shall establish the Authority Contribution Trust Account to receive, hold, and disburse portions of the Authority Contribution Amount.

• Amount (after giving effect to the deposits set forth in Section 3.2(a) hereof) into the Authority Contribution Trust Account.

• The Trustee shall establish the Authority Contribution Trust Account to receive, hold and disburse portions of the Authority Contribution Amount.

• Pursuant to Section 3.2(b)(ii) of the Development Agreement, on the Final Authority Contribution Date, the Authority shall make or cause to be made a deposit of the balance of the Authority Contribution Amount into the Authority Contribution Trust Account.