Principal and Interest Payment Account definition

Principal and Interest Payment Account means "City of Independence, Kansas, Principal and Interest Payment Account (Cessna Aircraft Company)" created pursuant to Section 601 of the 1996 Indenture.
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Principal and Interest Payment Account means the “City of Xxxxxx Springs, Kansas Principal and Interest Payment Account for Industrial Revenue Bonds (Taxable Under Federal Law), Series 2021 (Xxxxxxxxx Xxxxx Project)” created pursuant to Section 6.01 of this Indenture.
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Principal and Interest Payment Account means that account (including the Subaccounts thereof) authorized and established with the Trustee by Section 601 of the 1997 Indenture, ratified by Section 601 of the First Supplemental Indenture and designated the "City of Wichita, Kansas, Principal and Interest Payment Account (Royal Caribbean Cruises Ltd.)".
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Examples of Principal and Interest Payment Account in a sentence

  • All other moneys received by the Trustee under and pursuant to any of the provisions of the Lease, except Additional Rent, or when accompanied by directions from the person depositing such moneys that such moneys are to be paid into the Principal and Interest Payment Account.

  • All interest and other income derived from investments of Principal and Interest Payment Account moneys as provided in Section 7.02 of this Indenture.

  • The Issuer authorizes and directs the Trustee to withdraw sufficient funds from the Principal and Interest Payment Account to pay the principal of, premium, if any, and interest on the Bonds as the same become due and payable and to make said funds so withdrawn available to the Paying Agent for the purpose of paying said principal, premium, if any, and interest.

  • 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.

  • Except as provided in subsection (d) of this Section, moneys in the Principal and Interest Payment Account shall be expended solely for the payment of the principal of, premium, if any, and interest on the Outstanding Bonds as the same mature and become due or upon the redemption prior to maturity.


More Definitions of Principal and Interest Payment Account

Principal and Interest Payment Account means the “City of Overland Park, Kansas Principal and Interest Payment Account for Federally Taxable Private Activity Revenue Bonds (Bluhawk Commercial Development – Phase 1 EDRB Project)” created pursuant to Section 601 of this Indenture.
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Principal and Interest Payment Account means the “City of Overland Park, Kansas Principal and Interest Payment Account for Federally Taxable Private Activity Revenue Bonds (Prairiefire at LionsGate Project)” created pursuant to Section 601 of this Indenture.
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Principal and Interest Payment Account means (i) the “City of Overland Park, Kansas Principal and Interest Payment Account for Federally Taxable Private Activity Revenue Bonds, Series 2019 (Xxxx Xxxxx EDRB Project),” and (ii) the “City of Overland Park, Kansas Principal and Interest Payment Account for Federally Taxable Private Activity Revenue Bonds, Series 2021 (Xxxx Xxxxx EDRB Project),” each created pursuant to Section 601 of this Indenture.
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Principal and Interest Payment Account means the account by that name created in
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Principal and Interest Payment Account means that account authorized and established with the Trustee by the Indenture and designated “City of Topeka, Kansas, Series A2002 Principal and Interest Payment Account for Taxable Industrial Revenue Bonds, (SBL Project)”.
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Principal and Interest Payment Account means that account authorized and established with the Trustee by the Indenture and designated "Reno County, Kansas Principal and Interest Payment Account for Economic Development Revenue Bonds, (Wheeled Coach Industries, Inc. Project).
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Principal and Interest Payment Account means the "City of Xxxxxxx, Kansas, Principal and Interest Payment Account (IFR Systems, Inc.)" created pursuant to Section 601 of the Indenture.
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