Sinking Fund means each Sinking Fund Subaccount under the Indenture. To the extent necessary for compliance with the Authority’s tax covenants and other provisions of the Indenture and the Act, the Authorized Officers of the Authority may subdivide each such subaccount in respect of separate categories or issues of Sinking Fund Bonds.
Sinking Fund means a fund for the payment of principal only of a mandatory redemption security.
Sinking Fund means the Bond Fund.
Examples of Sinking Fund in a sentence
Sinking fund for repairs etc., effect of lease requiring payment by tenant into etc.
More Definitions of Sinking Fund
Sinking Fund means the fund comprising of the amounts to be paid/deposited and/or contributed by each Unit, including the Purchaser/s herein, towards sinking fund which shall be held by the Maintenance Agency on account of maintenance expenses.
Sinking Fund means, with respect to any Sinking Fund Securities, a sinking fund provided for in Article Twelve.
Sinking Fund means a fund established where provision is made to accumulate sufficient funds to repay the capital on a municipal bond issue at the end of the loan period as a lump sum which is termed a ‘bullet’ payment; and
Sinking Fund means the fund established by a body corporate under section 38(4).
Sinking Fund means the Sinking Fund established under Section 3.08 hereof, which Sinking Fund may be maintained by the Trustee as part of the Bond Fund.
Sinking Fund means a separate account made up of segregated contributions by the Government to accumulate funds for the redemption of public debt;
Sinking Fund means the fund comprising of the amounts to be paid / deposited and/or contributed by each Unit Owner, including the Allottee herein, towards sinking fund which shall be ultimately held by the Maintenance Agency for the purpose of major repairs, replacements and additions to the Common Areas and other contingencies;