Examples of Original Proceeds in a sentence
The Original Proceeds shall be paid over to the Trustee for the account of the Issuer.
If no part of the purchase price of an item of machinery, equipment or personal property is paid from Original Proceeds deposited in the Project Fund pursuant to the terms of this Project Lease, then such item of machinery, equipment or personal property will not be considered a part of the Project.
However, since the local custom generally looks upon them to be mostly submissive to their husbands, brothers, cousins, uncles, and sons, the male relatives thus often take on the role of resource allocators and asset managers, albeit the ownership remains with the "alap woman" she often yields to her closest male relatives to be on the frontline of utilizing the resource, or resources (known in Marshallese as "momaan maronron").
The Trustee shall pay from such Original Proceeds into the Principal and Interest Payment Account the full amount of any accrued interest received upon such sale of the Series 2020 Bonds to the Original Purchaser.
The Trustee shall, first, promptly pay from such Original Proceeds into the Principal and Interest Payment Account the full amount of any accrued interest and premium, if any, received upon such sale.