Refunding Account definition

Refunding Account means any account authorized to be created pursuant to

Refunding Account means the account within the Construction Fund so designated, established and created pursuant to Section 3.01 hereof.

Refunding Account means the account of that name established pursuant

Examples of Refunding Account in a sentence

• The Escrow Agent has created on its books a special trust fund and irrevocable escrow to be known as the Refunding Account (the “Escrow Fund”).

• The Escrow Agent has created on its books a special trust fund and irrevocable escrow to be known as the Refunding Account.

• Except as provided in Section 2.1, 3.2 and 4.2 hereof, no withdrawals, transfers or reinvestment shall be made of cash balances in the Refunding Account.

• The disbursement and investment of money in the Construction Fund shall be in accordance with the provisions of the Resolution applicable to Construction Funds; except that money in the Refunding Account shall be applied to pay or provide for the payment of the Refunded Bonds in accordance with the written direction of the Authority.

• The Escrow Agent agrees that upon receipt it will deposit to the credit of the Refunding Account the funds and the Escrowed Securities described in Exhibit D.

More Definitions of Refunding Account

Refunding Account has the meaning set forth in Section 2.02(e).

Refunding Account means the account by that name established within the Housing and Dining System Revenue Fund pursuant to Section 13 of the Resolution.

Refunding Account means the account by that name established pursuant

Refunding Account means any account authorized to be created pursuant to section 14 of this ordinance to provide for the refunding of any Refunded Bonds.

Refunding Account means the account created by this Agreement to be established, held and administered by the Escrow Agent pursuant to the provisions of this Agreement.

Refunding Account means the Refunding Account established in the Indenture. “Regulation” or “Regulations” means the temporary, proposed or final Income Tax

Refunding Account means the account in the Proceeds Fund established hereunder and further described by Section 16 of this Ordinance.