Examples of Designated Revenues in a sentence
A replenishment schedule shall be adopted simultaneously with the appropriation from the reserve funds, with the exception of the use of the Designated Revenues Reserve.
Pursuant to the Reimbursement Agreement, the Issuer is required to reimburse the Bank immediately for all of such Principal Drawings from Designated Revenues.
This target reserve level does not include the amount set aside for Designated Revenues Reserve.
The Borrower shall provide Designated Revenues to satisfy the foregoing requirements with respect to interest in such amounts and at such times as necessary to enable the Issuer to reimburse the Bank for all Interest Drawings that are allocable to the Loan.
Such Designated Revenues shall be provided by the establishment of a principal reserve by the Borrower with the Trustee to provide for reimbursement of such Principal Drawings, as set forth below.