Repayment Fund definition

Repayment Fund means the fund designated as such and established by Section 4 of the Escrow Agreement. The Repayment Fund does not constitute part of the Direct Loan Program.

Repayment Fund means with respect to each District Note Resolution, the Repayment Fund created pursuant to such District Note Resolution and caused to be kept by the Treasurer for collection and deposit of Pledged Revenues for the repayment of the respective Note, including amounts held in the Repayment Fund and invested in Permitted Investments.

Repayment Fund means the fund of such name established pursuant to Article III of this Indenture.

Examples of Repayment Fund in a sentence

• After such date as the amount of Pledged Revenues on deposit in the Repayment Fund shall be sufficient to pay in full the principal of and interest on the Notes, when due, any moneys in excess of such amount remaining in or accruing to the Repayment Fund shall be transferred to the general fund of the District or otherwise as directed by the Authorized Officer.

• All Pledged Revenues shall be deposited into the Repayment Fund upon receipt.

• On the Maturity Date of the Notes, the moneys in the Repayment Fund shall be used, to the extent necessary, to pay the principal of and interest on the Notes.

• The Treasurer and Tax Collector is directed to deposit all Pledged Revenues subject to deposit as provided in this Section 5(D) when and as received directly into the Repayment Fund, without further instruction by the District.

• Moneys in the Repayment Fund, to the greatest extent possible, shall be invested in Permitted Investments (as defined in the Trust Agreement) as directed by the Treasurer and Tax Collector or by the Authorized Officer in consultation with the Los Angeles County Office of Education.

More Definitions of Repayment Fund

Repayment Fund means the Fund so designated and established by Section 4. The Repayment Fund does not constitute part of the CWSRF Direct Loan Program.

Repayment Fund means with respect to the District Note Resolution, the Repayment Fund created pursuant to the District Note Resolution and caused to be kept by the Treasurer for collection and deposit of Pledged Revenues for the repayment of the Note, including amounts held in the Repayment Fund and invested in Permitted Investments.

Repayment Fund means the Fund so designated and established by Section 4. The Repayment Fund does not constitute part of the Direct Loan Program.

Repayment Fund means the Bayfront Project Special Tax Financing District Repayment Fund created and established pursuant to Section 3.1 hereof.

Repayment Fund means the fund designated as such and established by Section 4 of

Repayment Fund means the fund of that name, and any segregated account thereof, created by the Treasurer pursuant to this resolution to collect and hold Taxes and any investment earnings thereon, for payment of principal and interest on the Notes.

Repayment Fund means that account established pursuant to Section 9 hereof.