Proceeds Fund definition
Proceeds Fund means the Proceeds Fund established by Section 4.
Proceeds Fund means the Proceeds Fund created under the Program Resolution.
Proceeds Fund means the fund by that name established in Section 3.02.
Examples of Proceeds Fund in a sentence
The Statutes (Sections 3-24f and 3-27f) also provide for investment in shares of the State Short-Term Investment Fund (STIF) and the State Tax Exempt Proceeds Fund (TEPF).
The General Obligation Bond Proceeds Fund has a separate investment account for each state bond issue to comply with Internal Revenue Service regulations on bond arbitrage.
Proceeds that exceed $10,000 shall be deposited in the Insurance and Condemnation Proceeds Fund and expended as provided in Sections 6.04 or 4.04, as applicable, of the Indenture.
Except as described in this Section, the Bond Proceeds Fund may not be used for any other purpose.
The Trustee will deposit these funds into the Insurance and Condemnation Proceeds Fund established at that time by the Trustee.
More Definitions of Proceeds Fund
Proceeds Fund means the proceeds fund formed under the Constitution and includes:
Proceeds Fund means the fund so designated, created and established pursuant to Section 5.02 hereof.
Proceeds Fund means the fund by that name created and established pursuant to Section 3.1
Proceeds Fund means the fund so designated, created and established pursuant to the section of the Indenture described herein under “Establishment of Funds and Accounts”.
Proceeds Fund means a fund by that name established and held by the Trustee
Proceeds Fund means the fund by that name established in the Trust Agreement for the deposit of net proceeds of the Note Participations.
Proceeds Fund means the fund so designated and established pursuant to Section 3.02. “Qualified Reserve Account Credit Instrument” means an irrevocable standby or direct-pay letter of credit or surety bond issued by a commercial bank or insurance company and deposited with the Trustee pursuant to Section 5.05, provided that all of the following requirements are met as of the time of delivery thereof to the Trustee: