Interest and Sinking Fund definition

Interest and Sinking Fund means the interest and sinking fund established by Section 8.01(a).
Interest and Sinking Fund means the interest and sinking fund established by Section 2.2 of this Ordinance.
Interest and Sinking Fund means the interest and sinking fund for payment of the Certificates established by the City in Section 20 of this Ordinance.

Examples of Interest and Sinking Fund in a sentence

  • Moneys on deposit in the Revenue Fund, the Interest and Sinking Fund, the Project Fund and the Special Mandatory Redemption Fund shall be invested in treasury bills maturing in less than ninety days, rated commercial paper, or AAA-rated money market funds, as directed by the City.

  • Any securities or obligations in which money from the Revenue Fund, the Interest and Sinking Fund, the Project Fund or the Special Mandatory Redemption Fund is so invested shall be kept and held in trust for the benefit of the owners of the Bonds and shall be sold and the proceeds of sale shall be timely applied to the making of all payments required to be made from the fund from which the investment was made.

  • Earnings derived from the investment of moneys in the Interest and Sinking Fund, shall be deposited in the Interest and Sinking Fund, and shall be taken into consideration to reduce the amount of the deposits which would otherwise be required to be deposited in the Interest and Sinking Fund from the Pledged Revenues.

  • Should there be any balance in the Note Escrow Fund after all costs and expenses of refunding the Notes has been paid, upon the written direction of the City, said balance shall be placed in the Interest and Sinking Fund and applied in reduction of the payments to be made for debt service under the provisions hereof.

  • The following provisions shall govern the maintenance and use of the Interest and Sinking Fund.


More Definitions of Interest and Sinking Fund

Interest and Sinking Fund means the Board of Regents of The University of Texas System Permanent University Fund Bonds Interest and Sinking Fund described in Section 3.02 hereof.
Interest and Sinking Fund means the interest and sinking fund established by Section 2.14 of this Order.
Interest and Sinking Fund means the Interest and Sinking Fund of the District administered by the County Treasurer, established pursuant to State law.
Interest and Sinking Fund means the special fund maintained by the provisions of Section 5 of this Ordinance.
Interest and Sinking Fund means the special fund created and established in Section 8 of this Order to assure the timely availability of sufficient funds for the payment of debt service requirements on the Bonds.
Interest and Sinking Fund means the Interest and Sinking Fund of the
Interest and Sinking Fund means the interest and sinking fund for payment of principal of and interest on the Bonds described in Section 6.5 of this Ordinance.