Reimbursed Expenditures definition

Reimbursed Expenditures means expenditures of the District paid prior to Closing to which Sale Proceeds or investment earnings thereon are or will be allocated.
View Source
Reimbursed Expenditures means amounts, if any, used from Sale Proceeds and investment earnings thereon to reimburse the Borrower for an expenditure paid prior to Closing.
View Source
Reimbursed Expenditures means amounts, if any, used from Sale Proceeds and investment earnings thereon to reimburse the Company for an expenditure paid prior to Closing.
View Source

Examples of Reimbursed Expenditures in a sentence

  • The Issuer and the Company are making the Reimbursement Allocation to allocate a portion of the Sale Proceeds and investment earnings thereon to the Reimbursed Expenditures incurred in connection with the acquisition, construction and installation the Project and will, after such Reimbursement Allocation, treat such proceeds as being spent.

  • Any reimbursement for Reimbursed Expenditures will be for Capital Expenditures heretofore paid by the Borrower or a Related Party to the Borrower solely from other available moneys and not from proceeds of a borrowing and solely for purposes of the Project.

  • Except for Reimbursed Expenditures, as identified on Exhibit A, none of the Sale Proceeds or investment earnings thereon will be used to reimburse an expenditure paid prior to the date of Closing.

  • The Issuer and the Company hereby allocate Sale Proceeds in the amount indicated on Exhibit A to reimburse the Reimbursed Expenditures.


More Definitions of Reimbursed Expenditures

Reimbursed Expenditures is defined in Section 4.1(d).
View Source