Debt retirement fund definition

Debt retirement fund means a segregated account or group of accounts used to account for the payment of, interest on, or principal and interest on a municipal security.

Debt retirement fund means the Debt Retirement Fund established pursuant to Ordinance No. 01-132, passed on November 26, 2001, and identified as “Urban Renewal Bond Retirement Fund No. 302” in the accounting records of the City.

Debt retirement fund means the Debt Retirement Fund established pursuant to Ordinance No. 01-132, passed on November 26, 2001, and identified

Examples of Debt retirement fund in a sentence

• Notwithstanding the foregoing, money in the Debt Retirement Fund not required to pay the Redemption Price or purchase price of Bonds theretofore called for redemption or contracted to be purchased shall, at the direction of an Authorized Officer of the Corporation, be withdrawn from the Debt Retirement Fund and transferred to the Debt Service Fund or the Arbitrage Rebate Fund at any time money is required for the purposes of such funds.

• Money deposited in the Debt Retirement Fund during any Fiscal Year may during any subsequent Fiscal Year be applied at the direction of an Authorized Officer of the Corporation to the purchase or redemption of Outstanding Bonds or to pay or make provision for payment of Outstanding Bonds in accordance with Section 12.01 of this Indenture.

More Definitions of Debt retirement fund

Debt retirement fund means the Urban Renewal Debt Retirement Fund established pursuant to Sec- tion 10.

Debt retirement fund means the fund so designated, created and established pursuant to Section 5.02 hereof.

Debt retirement fund means the fund so designated, created and established pursuant to the section of the Indenture described herein under the heading “Establishment of Funds and Accounts”.

Debt retirement fund means the Debt Retirement Fund established pursuant to Section 8. “Nontax Revenues” means all money of the City that is not money raised by taxation, to the

Debt retirement fund means the Debt Retirement Fund established pursuant to Section 9.

Debt retirement fund means a separate fund consisting of the revenue bond sinking account and the revenue bond reserve account.

Debt retirement fund means the Series 2013 Refunding Bonds Debt Retirement Fund established pursuant to Section 8 of this Order.