Remaining Funding Loan Proceeds Account definition

Remaining Funding Loan Proceeds Account means the Remaining Funding Loan Proceeds Account of the Project Fund established under Section 7.3, as otherwise described in the Contingency Draw-Down Agreement.

Remaining Funding Loan Proceeds Account has the meaning set forth in the Contingency Draw-Down Agreement.

Remaining Funding Loan Proceeds Account means an account to be created with the Fiscal Agent under the circumstances described in Section 2.01 of the Contingency Draw-Down Agreement.

Examples of Remaining Funding Loan Proceeds Account in a sentence

• Not less than 97% of the moneys deposited in and credited to the Note Proceeds Account and Remaining Funding Loan Proceeds Account of the Project Fund representing the proceeds of the Funding Loan, including Investment Income thereon, will be expended for Qualified Project Costs (the “97% Requirement”).

• The amounts on deposit in the Note Proceeds Account and Remaining Funding Loan Proceeds Account of the Project Fund shall not be applied to the payment of Closing Costs.

• The Court has since found that the rates DHS pays for residential services to class members are too low.

• The amounts on deposit in the Note Proceeds Account and the Remaining Funding Loan Proceeds Account of the Project Fund shall not be applied to the payment of Governmental Lender Closing Costs.

• Sale Proceeds of the Governmental Lender Note will be deposited in the Remaining Funding Loan Proceeds Account in accordance with Section 4.16 ofthis Tax Certificate.

• The following funds and accounts relating to the Governmental Lender Note have been or may be established: Rebate Fund Replacement Reserve Fund Remaining Funding Loan Proceeds Account Remaining Funding Loan Proceeds Account Earnings Subaccount Negative Arbitrage Account Escrow Fund In addition, the Borrower will establish an account or accounts (the ..

• Sale Proceeds ofthe Governmental Lender Note deposited into the Remaining Funding Loan Proceeds Account may he invested without regard to yield through September 15, 2014.