Refunded Certificates definition
Examples of Refunded Certificates in a sentence
A portion of the proceeds of the 2025 Certificates in the amount of $ shall be deposited in the Escrow Account, and together with $ of moneys transferred from the Certificate Fund for the Refunded Certificates and $ of moneys transferred from the Reserve Fund for the Refunded Certificates, shall be deposited in the Escrow Account in accordance with the provisions of the Escrow Agreement and shall be used to refund, defease and discharge the Refunded Certificates.
The obligation to make Basic Rent Payments in regard to the Refunded Certificates shall remain in effect to the extent of any deficiency in prepaid Basic Rent Payments deposited in the escrow deposit trust fund established by the Escrow Deposit Agreement for the Refunded Certificates.
Deposit to Escrow Fund as prepaid Basic Rent for the Refunded Certificates .................................................................
The Lease Agreement will secure the payment of Supplemental Rent and any deficiency in the prepaid Basic Rent Payments on deposit in the escrow deposit trust fund relating to the Refunded Certificates.