Interest Fund definition

Interest Fund means the fund by that name established in accordance with Section 5.02 hereof.
Interest Fund means the Fund by that name established pursuant to Section 5.01.
Interest Fund means the fund by that name established pursuant to Section 5.02.

Examples of Interest Fund in a sentence

  • Moneys in the applicable account of the Capitalized Interest Fund shall be transferred automatically to the Debt Service Fund to pay interest on the STAR Bonds and Additional STAR Bonds during the period of construction and initial startup of the STAR Bond Improvements.

  • Any moneys remaining on deposit in the Capitalized Interest Fund after the completion of construction of the STAR Bond Improvements and receipt by the Trustee of the Officer’s Certificate of the Developer Representative described in Section 4.03 hereof shall be transferred to the Debt Service Fund.


More Definitions of Interest Fund

Interest Fund. An Eligible Account that may be established for the purpose of making interest payments on Mortgage Loans for which the Trust is not due any payments until after the first Distribution Date. The amount of the Interest Fund, if any, shall be set forth in the Trust Agreement. The Interest Fund shall not be an asset of any REMIC but shall be for the benefit of the Certificateholders.
Interest Fund means the fund by that name established in Section 5.04 herein.
Interest Fund. The Fund created and maintained by the Trustee pursuant to Section 4.03.
Interest Fund. The Fund created and maintained with the Paying Agent by the Trust pursuant to Section 4.03.
Interest Fund means the fund by that name established and held by the Trustee pursuant to Section 5.02 of the Trust Agreement.
Interest Fund means the fund of that name established and created pursuant to the Indenture.
Interest Fund means the fund by that name established in Section 3.02 for the payment of interest with respect to the Note Participations.