Examples of PUF Bonds in a sentence
After provision has been made for the payment of the principal of and interest on the PUF Bonds, the balance of the Interest of the System in the Available University Fund each year shall be made available to the Board in the manner provided by law and by regulations of the Board to be used by the Board as it lawfully may direct.
After provision has been made for the payment of the principal of and interest on the PUF Bonds, the balance of the Interest of the System in theAvailable University Fund each year shall be made available to the Board in the manner provided by law and by regulations of the Board to be used by the Board as it lawfully may direct.
Pending the expenditure of moneys in the PUF Bonds Construction Fund, moneys deposited therein or credited thereto may be invested at the direction of an Authorized Representative in the manner prescribed by law and in accordance with the written policies adopted by the Board.
The PUF Bonds Construction Fund is and shall be maintained by the Board in an official depository of the System.
Moneys on deposit or to be deposited in the PUF Bonds Construction Fund shall remain therein until from time to time expended for the Project Costs, and shall not be used for any other purposes whatsoever, except as otherwise provided below.
The Board has previously established and hereby reaffirms and reestablishes a separate account designated as the “Board of Regents of The University of Texas System PUF Bonds Construction Fund” (the “PUF Bonds Construction Fund”).
Any income received from investments in the PUF Bonds Construction Fund shall be retained in the PUF Bonds Construction Fund.
The outcomes of the study should provide the basis of the Transport Evidence Base for the Core strategy in order to demonstrate the soundness of the plan.
Incorporating both the updated PUF distribution forecast and the new debt structure as a result of the PUF Bonds, Series 2004A&B transaction, there is an estimated$308 million of additional debt capacity through Fiscal Year 2010 beyond thePUF projects currently approved, assuming a 8.36% investment return (Figure C on Page 30.3 of the Agenda Book).
The university will consult with faculty, administration across the university, as well as parents and students.The University was told to submit a 5-year plan for bond funding from the Permanent University Fund (PUF) Bonds.