Transferred Proceeds definition

Transferred Proceeds means amounts actually or constructively received from the sale of the Prior Bonds, plus investment earnings thereon, which have not been spent prior to the date principal on the Refunded Bonds is discharged by the Bonds.

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Transferred Proceeds means the sum of $ _ on deposit in the Issue 2024-2 Bond Subaccount of the Loan Fund subsequent to the refunding of any Refunded Bonds.]

Transferred Proceeds means that portion of the Proceeds of an issue (including any Transferred Proceeds of that issue) that remains unexpended at the time that any portion of the principal of the Refunded Bonds of that issue is discharged with the Proceeds of a Refunding Issue and that thereupon becomes Proceeds of the Refunding Issue as provided in Regulations

Examples of Transferred Proceeds in a sentence

• Amounts cease to be allocated to an issue as Proceeds only when those amounts (i) are allocated to an expenditure for a governmental purpose; (ii) are allocated to Transferred Proceeds of another issue of obligations; or (iii) cease to be allocated to that issue at retirement of the issue or under the Universal Cap.

• Proceeds – means any Sale Proceeds, Investment Proceeds, and Transferred Proceeds of the Notes which are attributable to financing the Project.

• In applying the Spending Exceptions to a Refunding Issue, unspent Proceeds of the Prior Issue that become Transferred Proceeds of the Refunding Issue are ignored.

• Spending Exception Calculations - Per Semi-Annual Spending Period $1,000 Refunding Bonds with Transferred Proceeds Allocations Hourly; Rate $150, not to exceed $500 Allocation/Review/Verification of Commingled Funds Hourly; Rate $150, not to exceed $500 Arbitrage Compliance Specialists, Inc.

• GTRFC hereby grants, assigns, conveys, mortgages, pledges, hypothecates and transfers to Lehman, a lien upon and security interest in all of its right, t▇▇▇▇ ▇nd interest in, to and' under the Transferred Proceeds.

More Definitions of Transferred Proceeds

Transferred Proceeds means Proceeds of a refunding issue which become transferred proceeds of a refunding issue and cease to be Proceeds of a prior issue when Proceeds of the refunding issue discharge any of the outstanding principal amount of the prior issue. The amount of Proceeds of the prior issue that become transferred proceeds of the refunding issue is an amount equal to the Proceeds of the prior issue on the date of that discharge multiplied by a fraction:

Transferred Proceeds shall have the meaning provided therefor in Section 1.148-9 of the Regulations.

Transferred Proceeds means the amounts described in Section 1.148-9 of the Regulations.

Transferred Proceeds means, with respect to any portion of the Bonds that is a refunding issue, proceeds that have ceased to be proceeds of a refunded issue and are transferred proceeds of the refunding issue by reason of Section 1.148-9 of the Regulations.

Transferred Proceeds means transferred proceeds as defined in Treasury Regulation §1.148-9.

Transferred Proceeds means that portion of the Proceeds of an issue (including any Transferred Proceeds of that issue) that remains unexpended at the time that any portion of the principal of the Refunded Bonds of that issue is discharged with the Proceeds of a Refunding Issue and that thereupon becomes Proceeds of the Refunding Issue as provided in Regulations §1.148-9(b). “Transferred Proceeds” does not include any Replacement Proceeds.

Transferred Proceeds means Proceeds of a prior issue which become transferred proceeds (within the meaning of Section 1.148-9(b) of the Regulations) of a refunding issue and cease to be Proceeds of a prior issue when Proceeds of the refunding issue discharge any of the outstanding principal amount of the prior issue. The amount of Proceeds of the prior issue that become Transferred Proceeds of the refunding issue is an amount equal to the unspent Proceeds of the prior issue on the date of that discharge multiplied by a fraction: (a) the numerator of which is the principal amount of the prior issue discharged with Proceeds of the refunding issue on the date of that discharge; and (b) the denominator of which is the total outstanding principal amount of the prior issue on the date immediately before the date of that discharge.