Examples of Project Fund in a sentence
Provided that adequate funds are available in the Project Fund, change orders issued after the approval of the construction budget shall be approved by the Clay Township Trustee with a report thereof submitted to each member of the Board for review and information.
By: Printed: Title: Purchase Price $ EXHIBIT A Item Number Payee Name and Address Purpose of Obligation Amount DEPOSIT OF PAYMENT RIGHTS PRICE 1 Payment Rights Purchaser for deposit into Project Fund Deposit into Project Fund/ Project Costs Funding $ COSTS TO BE PAID BY CITY 1 Developer Counsel Fees $ 2 Bose XxXxxxxx & Xxxxx LLP Payment Rights Purchaser Counsel Fees $ 3 Xxxxxxx Xxxxx Capital Funding, Inc.
To obtain a disbursement from the Project Fund, Developer shall deliver a Disbursement Request to City.
Upon any election of this Option A, the Bondholder shall deposit all Net Proceeds held by it to such damage or destruction in a special account that shall be created by the Bondholder in a separate Project Fund for the portion of the Leased Property as to which such Net Proceeds had been paid to the Bondholder.
Upon receipt of the foregoing from City, the Payment Rights Purchaser shall disburse funds in the amount specified in the Disbursement Instructions, which funds shall be used to pay Project Costs; provided that the Payment Rights Purchaser shall not be obligated to make disbursements from the Project Fund more frequently than once per month.