Cash Flow Certificate definition

Cash Flow Certificate means a Cash Flow Certificate conforming to the requirements of the General Resolution.

Cash Flow Certificate means a certificate prepared by an accountant or firm of accountants in accordance with the Indenture concerning anticipated Revenues and payments.

Cash Flow Certificate means a Cash Flow Certificate conforming to the requirements of Section 819 of the General Resolution.

Examples of Cash Flow Certificate in a sentence

• Notwithstanding anything to the contrary contained in the General Resolution, no Cash Flow Statement or Cash Flow Certificate (as described in Section 7.16 of the General Resolution) shall be required in connection with any such release.

• Whenever less than all of the Bonds are to be redeemed pursuant to this subsection (c), the Trustee shall, on or prior to the redemption date, receive a Cash Flow Certificate specifying the maturity or maturities of Bonds to be redeemed and showing that the remaining payments of principal of and interest on Local Obligations, together with other Revenues available to the Trustee, will be sufficient to pay on a timely basis the principal of and the interest on the Bonds not so redeemed when due.

• This Excess Cash Flow Certificate is limited in right of payment to certain collections and recoveries respecting the Receivables, all as more specifically set forth in the Agreement.

• On or prior to the last Business Day of the first Fiscal Quarter in each Fiscal Year (commencing with the Fiscal Quarter ending March 31st immediately following the Fiscal Year in which the Initial Project Completion Date occurs), the Borrower shall deliver to the Lender a completed Excess Cash Flow Certificate setting out the Excess Cash Flow for the most recently completed Fiscal Year.

• The Cash Flow Certificate submitted in accordance with Section 14 of the General Ordinance shall be approved by the Bond Committee.It is.

More Definitions of Cash Flow Certificate

Cash Flow Certificate means a written certificate executed by an Independent Financial Consultant.

Cash Flow Certificate means, in connection with certain actions to be taken by the Commission, a Certificate of an Authorized Officer filed with the Trustee which (1) describes the proposed action and (2) has the Supporting Cash Flows attached.

Cash Flow Certificate means a certificate of the Agency signed by an Authorized Representative to the effect that the action proposed to be taken is consistent with the assumptions as set forth in the Cash Flow Statement last filed with the Trustee.

Cash Flow Certificate means a certificate prepared by or on behalf of the Corporation setting forth, for the period extending from the date of such certificate to the latest maturity of the Bonds then Outstanding, (i) all Revenues Available for Debt Service expected to be received during such period; (ii) the application of all such Revenues Available for Debt Service in accordance with the General Resolution; (iii) the resulting balances and parity ratio; and establishing under all assumptions and scenarios requested by each Rating Agency and used for a cash flow analysis to accompany such certificate, that anticipated Revenues Available for Debt Service will be at least sufficient to pay the principal of and interest on the Bonds when due, to pay all other amounts payable under the General Resolution when due and to meet any required parity ratio.

Cash Flow Certificate means the calculation made by or for the Administration pursuant to Section 608(d) of the Bond Resolution.

Cash Flow Certificate means the certification and calculation (if required) made by or for the Administration pursuant to the Bond Resolution.

Cash Flow Certificate means a written certificate executed by a Cash Flow Consultant. “Cash Flow Consultant” shall mean RBC Capital Markets, LLC or any other financial consultant