Expense Fund definition

Expense Fund has the meaning set forth in Section 9.14(f).
Expense Fund means the fund of that name established under Section 7.3(c) hereof.
Expense Fund means the fund of that name established under Section 7.3(c) hereof. “Fiscal Agent” shall mean U.S. Bank National Association, as fiscal agent hereunder, andany successor fiscal agent or co-fiscal agent appointed under this Funding Loan Agreement.

Examples of Expense Fund in a sentence

  • Amounts on deposit in the Expense Fund shall be used to pay the fees and expenses of the Governmental Lender and the Fiscal Agent, as and when the same become due.

  • In the event that the amounts on deposit in the Expense Fund are not equal to the amounts payable from the Expense Fund as provided in the preceding paragraph on any date on which such amounts are due and payable, the Fiscal Agent shall give notice to the Borrower of such deficiency and of the amount of such deficiency and request payment within two Business Days to the Fiscal Agent of the amount of such deficiency.

  • The Fiscal Agent shall deposit in the Expense Fund the amounts required by the Regulatory Agreement or the Borrower Loan Agreement to be paid by the Borrower to the Governmental Lender or the Fiscal Agent.

  • The Expense Fund may only be used for those expenses that are necessary to provide an effective defense.

  • The Fiscal Agent shall deposit into the Funding Loan Payment Fund any amounts received from the Borrower as payments of principal of or premium on interest on the Borrower Loan and any other amounts received by the Fiscal Agent that are subject to the lien and pledge of this Funding Loan Agreement, including any Pledged Revenues not required to be deposited to the Expense Fund or not otherwise specifically directed in writing to be deposited into other funds created by this Funding Loan Agreement.


More Definitions of Expense Fund

Expense Fund means the Expense Fund created in the Indenture.
Expense Fund means the Expense Fund created in Section 4.01 hereof.
Expense Fund means the Expense Fund created pursuant to Section 8.2 of this Indenture.
Expense Fund means the fund established hereunder and further described by Section 21 of this Ordinance.
Expense Fund shall have the meaning set forth in Section 10.12(j).
Expense Fund has the meaning set forth in Section 8.18.
Expense Fund means the expense fund hereby created to be held and administered by the Finance Authority to pay Expenses.