Note Payment Fund definition

Note Payment Fund has the meaning set forth in the Ordinance.

Note Payment Fund means the Note Payment Fund established pursuant to Section 502(b).

Note Payment Fund means the fund so designated in Section 8.01(c) hereof. “Operation and Maintenance Expenses” means the reasonable and proper expenses of

Examples of Note Payment Fund in a sentence

• The transfer of moneys from the Capitalized Interest Account of the Project Fund to the Governmental Lender Note Payment Fund or the Servicer as set forth above shall occur automatically without the need for a Written Requisition of the Borrower, or consent of the Funding Lender.

• If there is a Servicer, payments of principal and interest on the Borrower Notes shall be paid to the Servicer when required under the Borrower Notes and Borrower Loan Agreement, and the Servicer, on behalf of the Funding Lender, shall then remit such funds to the Fiscal Agent to be deposited in the Governmental Lender Note Payment Fund established under this Funding Loan Agreement.

• If there is no Servicer, payments of principal and interest on the Borrower Notes shall be paid directly to the Fiscal Agent and deposited into the Governmental Lender Note Payment Fund.

• Investment income earned on amounts on deposit in each account of the Governmental Lender Note Payment Fund, Expense Fund and Closing Costs Fund shall be retained in and credited to and become a part of the amounts on deposit in that account of the Governmental Lender Note Payment Fund, Expense Fund and Closing Costs Fund.

• The City will maintain the Note Payment Fund with the Issuing and Paying Agent as required by the Ordinance.

More Definitions of Note Payment Fund

Note Payment Fund means the Fund by that name created in Section 5.01(e) hereof and further described in Section 5.06 hereof, including any Accounts and Subaccounts created therein.

Note Payment Fund means the “Direct Purchase Payment Fund” as defined in the Ordinance.

Note Payment Fund means the fund by that name established pursuant to Section 5.02.

Note Payment Fund means the School District of St. Lucie County, Florida Tax Anticipation Notes, Series 2010 Note Payment Fund created by this Resolution.

Note Payment Fund means the fund so designated in Section 2.10 hereof. “Offering Memorandum” shall mean the Offering Memorandum relating to the Notes. “Parity Obligations” shall mean the Notes and any bonds, notes or other obligations of

Note Payment Fund means the fund so designated in Section 8.01(b) [of the Bond Ordinance].

Note Payment Fund means The School District of St. Lucie County, Florida Tax Anticipation Note, Series 2012 Note Payment Fund created by this Resolution.