Examples of TIFIA Bonds in a sentence
There shall be deposited into the Bond Proceeds Subaccount: (A) proceeds of each Series of Bonds (other than TIFIA Bonds) as provided in the Supplemental Indenture pursuant to which such Series of Bonds is issued; (B) moneys transferred to the Bond Proceeds Subaccount from the Rebate Account pursuant to Section 3.07 hereof; and (C) any other moneys received by the Trustee that are accompanied by written directions that such moneys are to be deposited into the Bond Proceeds Subaccount.
Prepayment of the TIFIA Loan shall be made, on a pro rata basis with the Other TIFIA Bonds then outstanding, in each case, based on the then outstanding amount of such Bonds.
Prepayment of the TIFIA Loans shall be made, on a pro rata basis with the Other TIFIA Bonds then outstanding, in each case, based on the then outstanding amount of such Bonds.
The Trustee shall create and maintain separate subaccounts identified by the appropriate Series designation within the Rebate Account to account for rebate payments due on each Series of Bonds (other than TIFIA Bonds) (except that more than one Series may be combined for such purpose on the advice of Bond Counsel).
To the extent permitted by law and approved by the voters (if a vote is required), the Borrower may, in a Series Resolution, pledge to the payment of the TIFIA Bonds the Sales Tax in excess of the then applicable Sales Tax Rate, the Rental Car Tax in excess of the then applicable Rental Car Tax Rate and any other tax authorized by law.
All proceeds of TIFIA Bonds, if any, shall be deposited into the TIFIA Account in the Construction Fund.
Prepayment of the TIFIA Loan shall be made on a pro rata basis with the Other TIFIA Bonds then outstanding, in each case, based on the then outstanding amount of such Bonds.
In addition, any amounts that are required to prepay the TIFIA Bonds pursuant to the TIFIA Loan Agreement shall be deposited into the TIFIA Sinking Fund.
So long as the cash or Permitted Investments on deposit in the Debt Service Reserve Fund were not funded with proceeds of the Series 2008 Senior Xxxx Xxxxx, Revenues or the proceeds of the TIFIA Bonds, any moneys withdrawn from the Debt Service Reserve Fund in connection with the deposit of a Debt Service Reserve Fund Contract therein shall be deposited into the Distribution Fund and used as provided in Section 5.8.
Amounts on deposit in other Bond Service Subaccounts shall not be available or pledged to to the payment of Debt Service Requirments of the Series 2022 TIFIA Bonds.