Building Aid definition

Building Aid means the State school building aid described in the Assignment.
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Building Aid means the State school building aid described in the Assignment. “Building Aid Subaccount” means the subaccount of the Collection Account so designated and held by the Trustee pursuant to Section 501.
Sample 1Sample 2Sample 3
Building Aid means the State school building aid described in the Assignment. “Building Aid Subaccount” means the subaccount of the Collection Account so
Sample 1

Examples of Building Aid in a sentence

  • If at any time the Unfunded Balance is zero, the Trustee shall transfer any amount in the School Bond Account to the Collection Account as Building Aid.

  • Except as otherwise provided in the Constitution and laws of the State, the Sales Taxes, Building Aid and related collateral so pledged are and will be free and clear of any pledge, lien, charge or encumbrance thereon or with respect thereto prior to, or of equal rank with, the pledge created hereby, and all corporate action on the part of the Authority to that end has been duly and validly taken.

  • The Authority shall transfer (i) its earnings on the Project Fund and (ii) after payment of all Costs of Issuance of a Series of Bonds, any excess amounts in the Costs of Issuance account of the Project Fund, to the Collection Account as Building Aid or Tax Revenues, or otherwise apply such earnings or excess amounts in accordance with the Tax Code pursuant to Officer’s Certificate.

  • Two subaccounts are hereby established in the Collection Account: the Tax Revenue Subaccount, to be funded and applied pursuant to Section 509; and the Building Aid Subaccount, to be funded and applied pursuant to Section 510.

  • Provision is made by the Act and the Assignment for the payment to the Authority of the Confirmed Building Aid and the Incremental Building Aid, and the Authority through the City pursuant to the Assignment has requested the State Comptroller to make such payments to the Collection Account for application hereunder.

  • Enforcement; Sales Taxes; Building Aid; Federal Subsidy 32 Section 603.

Related to Building Aid

  • Building means any structure used or intended for supporting or sheltering any use or occupancy.

  • farm building means that part of a bona fide farming operation encompassing barns, silos and other ancillary development to an agricultural use, but excluding a residential use;