We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Series Costs of Issuance Account definition

Series Costs of Issuance Account means the ac count within the Acquisition and Construction fund with respect to each Series of Bonds so designated in, and created pursuant to, Supplemental Indenture.
Sample 1Sample 2Sample 3
Series Costs of Issuance Account means one or more accounts established pursuant to Section 13 hereof into which a portion of the proceeds of a Series of the New Bonds will be deposited and from which such proceeds will be disbursed to pay the Costs of Issuance applicable to such Series of New Bonds. Pursuant to Section 13, each Series Costs of Issuance Account shall be further identified or designated to relate to the specific Series of the New Bonds issued hereunder.
Sample 1Sample 2Sample 3
Series Costs of Issuance Account means an account established for a Series of Variable Rate Bonds pursuant to Section 30-65.20.
Sample 1Sample 2Sample 3

Examples of Series Costs of Issuance Account in a sentence

  • Interest accruing as a result of any such investments when received shall be credited to such Series Costs of Issuance Account or, at the direction of the Comptroller, may be deposited into the related Series Subaccount, to be used only for the purposes described herein, subject to the further provisions of the related Tax Agreement.

  • Pending disbursement for the purpose aforesaid, the Comptroller may from time to time invest all or any part of the moneys in a Series Costs of Issuance Account in any investment permitted by the laws of the State of Illinois for the investment of public funds having a maturity date, or becoming due at the option of the holder, not more than six months subsequent to the date of investment, having due regard to the times such moneys will be needed.

  • Moneys on deposit in the Series Costs of Issuance Account shall be withdrawn by the Trustee and paid to or as directed by the City, upon receipt by the Trustee of a written disbursement request from the City identifying the costs of issuance and the amounts thereof to be paid pursuant to such request.

  • Date: , 2021 By: Authorized Officer [California School Finance Authority] / [Municipal Advisor] PAYEES FROM SERIES COSTS OF ISSUANCE ACCOUNT The following costs are to be paid on behalf of the Authority and the Participants for the Costs of Issuance relating to the Series Authority Notes and the Series District Notes from amounts deposited in the Series Costs of Issuance Account of the Costs of Issuance Fund for the Series Authority Notes.

  • Moneys on deposit in the Series Costs of Issuance Account, including the investment earnings thereon, remaining after all disbursements for payment of the costs of issuance have been made shall be deposited by the Trustee to the Series Investment Earnings Account.

  • None of the items listed in Schedule I have been heretofore paid and each represents a proper charge against the Series Costs of Issuance Account of the Costs of Issuance Fund.


More Definitions of Series Costs of Issuance Account

Series Costs of Issuance Account means an account established for a Series of Series 2018BC Bonds pursuant to Section 2.20.
Sample 1
Series Costs of Issuance Account means the account within a Series Debt Service Account with respect to a Series of Bonds so designated in, and created pursuant to, a Supplemental Indenture.
Sample 1
Series Costs of Issuance Account means an account established for a Series of Bonds pursuant to the Related Series Indenture.
Sample 1

Related to Series Costs of Issuance Account

  • Costs of Issuance means all items of expense directly or indirectly payable or reimbursable and related to the authorization, sale and issuance of Bonds, including but not limited to printing costs, costs of preparation and reproduction of documents, filing and recording fees, initial fees and charges of any Fiduciary, legal fees and charges, fees and disbursements of consultants and professionals, costs of credit ratings, fees and charges for preparation, execution, transportation and safekeeping of Bonds, costs and expenses of refunding, premiums for the insurance of the payment of the Bonds and any other cost, charge or fee in connection with the original issuance of Bonds.

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Disbursement Date is defined in Section 2.6.2.

  • Amendment Fee means any fee offered, paid or payable to any Lender Party by the Borrower or any Affiliate of the Borrower (whether directly or through the Administrative Agent or any other Person) in consideration for any waiver of, or agreement to amend or modify any provision of, any of the Financing Documents.

  • Disbursement Account has the meaning ascribed to it in Section 1.1(e).

  • Available Reserve Account Amount means, for any Transfer Date, the lesser of (a) the amount on deposit in the Reserve Account (after taking into account any interest and earnings retained in the Reserve Account pursuant to Section 4.10(b) on such date, but before giving effect to any deposit made or to be made pursuant to subsection 4.4(a)(ix) to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

Most Referenced Clauses

Most Referenced Definitions