Credit Facility Fund definition

Credit Facility Fund means the trust fund by that name created pursuant to Section 6.01(b) hereof.

Credit Facility Fund means the fund by that name established pursuant to Section 5.09 hereof and held by the Trustee.

Credit Facility Fund means the fund of the Trustee by that name established pursuant to Section 5.10.

Examples of Credit Facility Fund in a sentence

• The money deposited to any account or subaccount of the Credit Facility Fund, together with all investments thereof and investment income therefrom, shall be held in trust separate and apart from all other funds held hereunder and applied solely as provided in this Section and Section 5.07A(2).

• All moneys in any of the funds and accounts established pursuant to this Bond Indenture shall be invested by the Trustee (other than amounts deposited in the Purchase Fund and Credit Facility Fund, which proceeds shall remain uninvested), upon the written direction of the Borrower given at least two days prior to the investment date, solely in Investment Securities.

• The Trustee shall deposit to the credit of the applicable account of the Credit Facility Fund immediately upon receipt all amounts drawn or claimed by the Trustee under a Credit Facility (other than a Credit Facility in the form of financial guaranty or municipal bond insurance) pursuant to Section 5.07.

• Whenever the Trustee is not a federal depository institution or state-chartered depository institution subject to regulations regarding fiduciary funds similar to Section 9.10(b), Title 1, U.S. Code of Federal Regulations, then the Tender Agent shall maintain the Credit Facility Fund at such a depository institution subject to such regulations, or at a depository institution the short-term obligations of which are rated by each Rating Agency no lower than the short-term rating assigned by it to the Bonds.

• All funds drawn or claimed under any Credit Facility (other than a Credit Facility in the form of a policy of financial guaranty or municipal bond insurance) by the Trustee shall be credited to the applicable account of the Credit Facility Fund and applied in accordance with Section5.10.

More Definitions of Credit Facility Fund

Credit Facility Fund means the fund by that name created in Section 30-

Credit Facility Fund means the fund established pursuant to Section 308.

Credit Facility Fund means any fund by that name established and held by an Issuing and Paying Agent pursuant to an Issuing and Paying Agent Agreement entered into by the Authority in connection with a Series of Notes.

Credit Facility Fund means the fund by that name established pursuant to Section 609(c).

Credit Facility Fund means the fund by that name established pursuant to Section 8(a)(3) of this Appendix A.

Credit Facility Fund means the fund by that name established pursuant to Section 5.04 hereof and held by the Fiscal Agent.

Credit Facility Fund means the fund of the Trustee by that name established pursuant to Section 5.10 .