Examples of Refunded Certificates in a sentence
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.
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.
The deposit of the prepaid Basic Rent Payments in the escrow deposit trust fund established under the Escrow Agreement shall be in an amount sufficient to pay the principal of, prepayment premium, if any, and principal on the Refunded Certificates, as the same become due or are prepaid prior to maturity.
DIVISION III Any and all other property of every kind and nature from time to time hereafter, by delivery or by writing of any kind, conveyed, pledged, assigned or transferred as and for additional security hereunder by the School Board or by anyone on its behalf to the Escrow Agent for the benefit of the Refunded Certificates.
The holders of the Refunded Certificates shall, subject to the provisions of this Agreement, have an express lien on all moneys and other property in the Escrow Deposit Trust Fund.