Examples of Warrant Fund in a sentence
Paying Agent means Wilmington Trust, National Association, Birmingham, Alabama, the bank designated as (a) the place of payment of the Warrants, (b) the registrar and authenticating agent of the Warrants and (c) the depository for the Warrant Fund, and any successor bank to Wilmington Trust, National Association, Birmingham, Alabama, designated by the Issuer pursuant to the provisions of Section 13 hereof.
The Warrant Fund shall be and at all times remain public funds impressed with a trust for the purpose for which the Warrant Fund is herein created.
The Warrant and the interest thereon shall be registered by the Treasurer of the Municipality in the records maintained by said Treasurer as a charge against the Municipality and the Warrant Fund.
Any remaining amounts contained in the Warrant Fund as of such time shall be returned to the City to be used for any lawful purpose.
The City does hereby designate and appoint Regions Bank as the Paying Agent for the Warrant Fund and as Paying Agent, Depository, Warrant Registrar and authenticating agent for and with respect to the Warrant.