Examples of Redemption Fund in a sentence
Any moneys credited to the 2024 Series D Restricted Loan Subaccount that are not used to pay the costs of the Weatherstone Housing Facility in accordance with subsection (b) of this Section 5.3, shall be transferred by the Trustee to the 2024 Series D Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose.
Any moneys credited to the 2024 Series C Restricted Loan Subaccount that are not used to pay the costs of the Weatherstone Housing Facility in accordance with subsection (b) of this Section 5.2, shall be transferred by the Trustee to the 2024 Series C Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose.
The Trustee, on the redemption date specified in the Written Request of the City filed with the Trustee at the time that any prepaid Base Rental Payment is paid to the Trustee pursuant to the Lease Agreement, shall deposit in the Redemption Fund that amount of moneys representing the portion of the Base Rental Payments designated as prepaid Base Rental Payments.
The proceeds of any award in eminent domain received in respect to the Property shall be deposited by the Trustee in the Redemption Fund and applied to the redemption of Bonds pursuant to subsection (a) of Section 4.01 hereof and the corresponding provisions of any Supplemental Indenture pursuant to which Additional Bonds are issued.
Additionally, the Trustee shall deposit in the Redemption Fund any amounts required to be deposited therein pursuant to Sections 5.03 or 5.04 hereof.