Examples of Lease Revenue Fund in a sentence

The Lease Revenue Fund is used primarily to achieve a proper matching of revenues with Basic Rent Payments within each Certificate Year, and the City expects that the Lease Revenue Fund will qualify as a Bona Fide Debt Service Fund.
Except for the Lease Revenue Fund, no sinking fund or other similar fund that is expected to be used to pay Basic Rent Payments has been established or is expected to be established.
The City will receive credit against its obligation to pay the Interest Portion or Principal Portion of Basic Rent to the extent moneys are on deposit in the Lease Revenue Fund and are available to pay the Interest Portion or the Principal Portion of Basic Rent represented by the Certificates.
Except for the Lease Revenue Fund, there are no other funds pledged or committed in a manner that provides a reasonable assurance that such funds would be available for Basic Rent Payments if the City encounters financial difficulty.
To the extent that the Lease Revenue Fund qualifies as a Bona Fide Debt Service Fund, money in such fund may be invested without Yield restriction for 13 months after the date of deposit.

More Definitions of Lease Revenue Fund

Lease Revenue Fund means the “Sports Authority Speedway Lease Revenue Fund” established by the Authority with the Bond Trustee under the Bond Indenture.

Lease Revenue Fund means the fund by that name established pursuant to Section 6.01. “Notice by Mail” or “Notice” of any action or condition “by Mail” means a written notice

Lease Revenue Fund means the Series 2020A Subaccount of the Lease Revenue Fund, established pursuant to the Declaration.

Lease Revenue Fund means the Lease Revenue Fund so designated and established pursuant to the Declaration of Trust.

Lease Revenue Fund means the fund by that name established pursuant to Section 6.01. “Lease Revenues” means the Basic Rent Payments, Supplemental Rent Payments and all other amounts due and owing pursuant to or with respect to the Lease, including prepayments, insurance proceeds, condemnation proceeds, and any and all interest, profits or other income derived from the investment thereof in any fund or account established pursuant to this Declaration of Trust.

Lease Revenue Fund means the fund by that name established pursuant to Section 6.01. “Notice by Mail” or “Notice” of any action or condition “by Mail” means a written notice meeting the requirements of this Declaration of Trust mailed by first-class mail to the Owners of specified Certificates, at the addresses shown on the registration books maintained by the Registrar pursuant to Section 3.06.

Lease Revenue Fund means the fund by that name established pursuant to Section 6.01.