Renewal and Replacement Fund definition

Renewal and Replacement Fund means the fund of such name that the City is obligated to maintain pursuant to its ordinances authorizing its Airport System Revenue Bonds.
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Renewal and Replacement Fund means the fund of such name as established pursuant to Ordinance 319.
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Renewal and Replacement Fund means the special fund designated as the “Central Washington University System Renewal and Replacement Fund,” created pursuant to Section 6(b) of this resolution.
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Examples of Renewal and Replacement Fund in a sentence

  • After the date of Final Completion of the Southern Connector Project, the Trustee shall deposit into the Renewal and Replacement Fund the amounts included in the annual budget of the Association, which are required pursuant to the Renewal and Replacement Plan then in effect under the License Agreement.

  • Money in the General Fund shall be applied by the Company firstly to satisfy any deficiencies in amounts deposited to the Debt Service Funds, Series Reserve Accounts in the Debt Service Reserve Fund, the Operating and Maintenance Reserve Fund, the Construction Fund and the Renewal and Replacement Fund.

  • All funds in the Renewal and Replacement Fund shall be kept apart from all other funds of the Issuer or of the Depository Bank and shall be invested and reinvested in accordance with Article VIII hereof.

  • The Renewal and Replacement Fund was established for the purpose of holding monies in reserve to pay the costs of reconstruction, renewal, repair, and replacement of the Southern Connector.

  • Nonoperating expenses primarily include (a) interest expense on the Association’s debt (b) amortization of the Association’s intangible interest in its License Agreement with SCDOT, and (c) reimbursements of SCDOT highway maintenance expense from the 2011 Renewal and Replacement Fund as discussed in Note 1, item J below.


More Definitions of Renewal and Replacement Fund

Renewal and Replacement Fund means the Fund with that name created by the Bond Resolution.
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Renewal and Replacement Fund means the fund by the same name established pursuant to section 502 of the Trust Indenture.
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Renewal and Replacement Fund means the Renewal and Replacement Fund created by the Prior Ordinances and continued hereby.
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Renewal and Replacement Fund means the fund created pursuant to Section 4.04(D) hereof.
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Renewal and Replacement Fund means the Convention Center Hotel Revenue Bond Renewal and Replacement Fund established by Section 5.02 of the Indenture and shall have the meaning assigned to such term in Section 3.9 of the Management Agreement.
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Renewal and Replacement Fund means the Fund established pursuant to Section
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Renewal and Replacement Fund means the Renewal and Replacement Fund created pursuant to Section 5.01 of the Prior Ordinance and continued hereby.
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