Expense Fund definition

Expense Fund has the meaning set forth in Section 9.14(f).

Expense Fund means the fund of that name established under Section 7.3(c) hereof.

Expense Fund means the Expense Fund created in Section 4.01 hereof.

Examples of Expense Fund in a sentence

• The Fiscal Agent shall keep, or cause to be kept, proper books of record and accounts, separate from all other records and accounts of the Fiscal Agent, in which complete and correct entries shall be made of all transactions made by it and with respect to the expenditure of amounts disbursed from the Bond Fund, the Special Tax Fund, the Administrative Expense Fund, the Reserve Fund and the Cost of Issuance Fund.

• Moneys in the Administrative Expense Fund shall be held by the Fiscal Agent for the benefit of the City, and shall be disbursed as provided below.

• The City shall keep, or cause to be kept, proper books of record and accounts, separate from all other records and accounts of the City in which complete and correct entries shall be made of all transactions relating to the expenditure of amounts disbursed from the Administrative Expense Fund.

• Annually, not later than the last day of each Fiscal Year, the Fiscal Agent shall withdraw any amount then remaining in the Administrative Expense Fund that has not been allocated by an Officer’s Certificate received by the Fiscal Agent from the City to pay Administrative Expenses which are expected to be incurred in the succeeding Fiscal Year prior to the receipt by the City of Special Tax Revenues for such succeeding Fiscal Year and transfer such amount to the Surplus Account.

• Amounts in the Administrative Expense Fund shall be withdrawn by the Fiscal Agent and paid to the City or its order upon receipt by the Fiscal Agent of an Officer’s Certificate stating the amount to be withdrawn, that such amount is to be used to pay an Administrative Expense, the nature of such Administrative Expense, name of payee and payment instructions.

More Definitions of Expense Fund

Expense Fund means the fund of that name established under Section 7.3(c) hereof. “Fiscal Agent” shall mean U.S. Bank National Association, as fiscal agent hereunder, andany successor fiscal agent or co-fiscal agent appointed under this Funding Loan Agreement.

Expense Fund means the Expense Fund created in the Indenture.

Expense Fund means the Expense Fund created pursuant to Section 8.2 of this Indenture.

Expense Fund means the fund established hereunder and further described by Section 21 of this Ordinance.

Expense Fund has the meaning ascribed thereto in Section 1.7.6;

Expense Fund means the expense fund hereby created to be held and administered by the Finance Authority to pay Expenses.

Expense Fund means, collectively, any Expense Fund for Project Bonds created under a Project Indenture.