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.
Renewal and Replacement Fund means the Renewal and Replacement Fund created by the Prior Ordinances and continued hereby.
Renewal and Replacement Fund means the fund of such name as established pursuant to Ordinance 319.

Examples of Renewal and Replacement Fund in a sentence

  • 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.

  • The proceeds of all such insurance policies shall be placed in the Renewal and Replacement Fund and used only for the repairs and restoration of the damaged and destroyed properties or for the other purposes provided herein for the Renewal and Replacement Fund.

  • The Arena Use Agreement created the Arena Renewal and Replacement Fund and established quarterly funding requirements beginning in fiscal year 2013.

  • In accordance with the Authority’s bond resolution, monies in the Renewal and Replacement Fund may be applied to the cost of improvements or betterment to, or the replacement of the water system.

  • Amounts held in the Renewal and Replacement Fund are recorded as investments in the accompanying statements of net position.


More Definitions of Renewal and Replacement Fund

Renewal and Replacement Fund means the Fund with that name created by the Bond Resolution.
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.
Renewal and Replacement Fund means the fund by the same name established pursuant to section 502 of the Trust Indenture.
Renewal and Replacement Fund means the fund created pursuant to Section 4.04(G) hereof.
Renewal and Replacement Fund means the Renewal and Replacement Fund continued by Section 5.01 hereof.
Renewal and Replacement Fund means the fund so designated and established by the Metropolitan Government pursuant to Section 5.3 hereof.
Renewal and Replacement Fund means the City of Lincoln, Nebraska, Parking Renewal and Replacement Fund, created and so designated hereby.