Bond Proceeds definition
Examples of Bond Proceeds in a sentence
Upon receipt of such Disbursement Request completed in accordance with the terms of this Agreement, the CFD shall wire transfer or otherwise pay to Mission Springs Water District (or upon Mission Springs Water District’s written direction pay to such Developer or an Mission Springs Water District contractor) such requested funds to the extent that Bond Proceeds are available in the Other Facilities Account of the Improvement Fund for such purpose.
Such report shall be delivered at least semiannually until all Bond Proceeds are expended by Mission Springs Water District.
Agreement to Issue Series 2018 Bonds; Application of Series 2018 Bond Proceeds and Other Moneys.
In the event that the CFD is formed and Bonds are issued for an Improvement Area, the City and the applicable Developer shall determine the amount of Bond Proceeds from such Improvement Area to be deposited in the Other Facilities Account of the Improvement Fund and each subaccount thereof.
The City shall also deposit Bond Proceeds in the manner set forth in the applicable Bond Indenture.