Examples of Financing Costs in a sentence
The proceeds of any Financing Costs Purchase will be used solely as provided in Section 2.01(c) (Financing Costs Purchases).
To establish a standing request for Financing Costs Purchases, which standing request shall be effective until the Commitment Expiration Date, the Authority shall deliver to the Purchasers’ Representative an executed written Standing Financing Costs Purchase Request on or prior to the Closing Date.
Each Financing Costs Purchase shall be deemed to constitute a representation and warranty by the Authority on the date thereof as to the matters specified in Section 4.02(a) (Representations and Warranties) and Section 4.02(b) (No Default) of the Bond Purchase Agreement.
The Purchasers’ Representative shall have received a fully executed and delivered Standing Financing Costs Purchase Request pursuant to Section 2.01(c) (Financing Costs Purchases).
Such Standing Financing Costs Purchase Request shall include a statement that the Authority irrevocably authorizes the Purchasers’ Representative (which authority the Purchaser may or may not exercise in its sole discretion) to make a Financing Costs Purchase on any Business Day on which any Financing Costs are due and payable and the Purchasers’ Representative shall use the proceeds of each such Financing Costs Purchase solely to pay such Financing Costs.