Interest and Sinking Fund definition

Interest and Sinking Fund means the interest and sinking fund established by Section 8.01(a).
Interest and Sinking Fund means the interest and sinking fund established by Section 2.02 of this Ordinance.
Interest and Sinking Fund means the Board of Regents of The University of Texas System Permanent University Fund Bonds Interest and Sinking Fund described in Section 3.02 hereof.

Examples of Interest and Sinking Fund in a sentence

  • All ad valorem taxes levied and collected for and on account of the Bonds shall be deposited, as collected, to the credit of the Interest and Sinking Fund.

  • The Interest and Sinking Fund shall be kept separate and apart from all other funds and accounts of the County, and shall be used only for paying the interest on and principal of the Bonds.

  • A special Interest and Sinking Fund (the "Interest and Sinking Fund") is hereby created solely for the benefit of the Bonds, and the Interest and Sinking Fund shall be established and maintained by the County at an official depository bank of the County.

  • The rate and amount of ad valorem tax is hereby levied, and is hereby ordered to be levied, against all taxable property in the County for each year while any of the Bonds or interest thereon are outstanding and unpaid; and the tax shall be assessed and collected each such year and deposited to the credit of the Interest and Sinking Fund.

  • Interest earnings derived from the investment of proceeds from the sale of the Certificates shall be used along with other certificate proceeds for the Project; provided that after completion of such purpose, if any of such interest earnings remain on hand, such interest earnings shall be deposited in the Interest and Sinking Fund.


More Definitions of Interest and Sinking Fund

Interest and Sinking Fund means the interest and sinking fund for payment of the Certificates established by the City in Section 20 of this Ordinance.
Interest and Sinking Fund means the interest and sinking fund established by Section 2.14 of this Order.
Interest and Sinking Fund means the Interest and Sinking Fund of the District administered by the County Treasurer, established pursuant to State law.
Interest and Sinking Fund means the special fund maintained by the provisions of Section 5 of this Ordinance.
Interest and Sinking Fund means the special fund created and established in Section 8 of this Order to assure the timely availability of sufficient funds for the payment of debt service requirements on the Bonds.
Interest and Sinking Fund means the Interest and Sinking Fund of the
Interest and Sinking Fund means the interest and sinking fund for payment of principal of and interest on the Bonds described in Section 6.5 of this Ordinance.