Examples of Pledged Revenue Fund in a sentence
BAIFA used the remaining note proceeds for deposit in the Pledged Revenue Fund, Reserve Fund or payment for the cost of issuance.
The selected Consultant shall deliver software and services to redesign, test and maintain NYMTC’s stand-alone web application for managing project information related to the UPWP.
All Pledged Revenues deposited to the credit of such Fund shall be accounted for separate and apart from all other revenues, receipts and income of the Corporation and, with respect to the Gross Sales Tax Revenues, the Corporation shall further account for such funds separate and apart from the other Pledged Revenues deposited to the credit of the Pledged Revenue Fund.
The Custodian shall credit funds into the Senior Payment Fund from the Senior Pledged Revenue Fund, in an amount which, when combined with other legally available moneys in the Senior Payment Fund (not including moneys available in the Senior Reserve Fund), will be sufficient to pay Senior Payment Obligations which have become due or are estimated to become due as provided in Section 2.02(j) of the Loan Agreement in the year in which the credit is made.
Concurrently with the payment of the Pledged Revenues as described in subparagraphs (A), (E) and (G) under the heading “Deposit of Pledged Revenues and Flow of Funds,” any amounts on deposit in the Pledged Revenue Fund shall be used by the County for the payment of principal of, interest on and debt service reserve fund deposits relating to Parity Obligations, if any, authorized to be issued and payable from the Pledged Revenues, as applicable, as the same accrue.