Examples of Rebate Fund in a sentence
All amounts deposited into or on deposit in the Rebate Fund shall be governed by this Section, by Section 6.10 and by the Tax Regulatory Agreement (which is incorporated herein by reference).
The Rebate Fund shall not be part of the Trust Estate and is not security for the Improvement Area #3 Bonds.
Subject to the transfer provisions provided in paragraph (e) below, all money at any time deposited in the Rebate Fund shall be held by the Bond Trustee in trust, to the extent required to satisfy the Rebate Requirement (as defined in the Tax Regulatory Agreement), for payment to the federal government of the United States of America; provided, however, amounts received by the Trustee pursuant to the Intercept Notice shall not be deposited into the Rebate Fund.
The Bonds are secured by a pledge and assignment of Payments and of amounts held in the funds and accounts (other than the Rebate Fund) established pursuant to the Indenture, subject only to the provisions of the Indenture permitting the application thereof for the purposes and on the terms and conditions set forth in the Indenture.
Within the Rebate Fund, the Bond Trustee shall maintain such accounts as shall be necessary to comply with instructions of the Borrower given pursuant to the terms and conditions of the Tax Regulatory Agreement.