Capitalized Interest Fund definition

Capitalized Interest Fund means the Fund by that name created in Section 5.01(b) hereof and further described in Section 5.03 hereof.

Capitalized Interest Fund means the capitalized interest fund established for the Bonds under the Bond Indenture which shall be funded with proceeds of the Bonds in an amount sufficient to cover payment of accrued interest on the Bonds from the date of issuance of the Bonds through the Commencement Date plus any additional period permitted under Tennessee law.

Capitalized Interest Fund means the special fund or account to be established in the custody of the School District pursuant to the Trust Agreement for the payment of the interest components of Base Rent, all in accordance with Section 5705.10 of the Revised Code.

Examples of Capitalized Interest Fund in a sentence

• As a result, there are no funds available in the Reserve fund to reduce the 2021-22 Annual Installment.Available Capitalized Interest Account As of June 30, 2021, the Trustee reported that the Capitalized Interest Fund been fully expended.

• Funds flowing into this account are normally derived from a combination of deposits from the Capitalized Interest Fund, the Additional Reserve Account and from loan repayments.

• In the event that monies from any Capitalized Interest Fund, Bond Fund, or Redemption Fund under any of the Bond Agreements were previously used to pay legal fees and expenses incurred by any Trustees, then monies received by such Trustees pursuant to this Section 14 may be deposited into the applicable Capitalized Interest Fund, Bond Fund, or Redemption Fund, as applicable, and distributed pursuant to the terms of Sections 3(a)(ii) or 3(b)(ii), respectively.

• Funds flowing into this account are normally derived from a combination of deposits from the Capitalized Interest Fund, the Additional Reserve Account and from borrowers’ loan repayments.

• The Capitalized Interest Fund is used for this purpose and uses bond proceeds as its source.

More Definitions of Capitalized Interest Fund

Capitalized Interest Fund means the capitalized interest account established and maintained pursuant to Section 9 of this Agreement.

Capitalized Interest Fund means the fund by such name established pursuant to Article III of this Indenture.

Capitalized Interest Fund means the fund established by Section 7.4.

Capitalized Interest Fund shall have the meaning given that term in the Loan Agreement.

Capitalized Interest Fund has the meaning set forth in SECTION 601 of this Indenture.

Capitalized Interest Fund means the Capitalized Interest Fund established by Section 4.01 hereof.

Capitalized Interest Fund means the Fund by that name created in Section 5.01(b) hereof and further described in Section 5.03 hereof, including any Accounts and Subaccounts created therein.