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 [FISCAL AGENT], as fiscal agent hereunder, and any successorfiscal agent or co-fiscal agent appointed under this Funding Loan Agreement.

Examples of Expense Fund in a sentence

• Amounts in the Repayment Fund shall be withdrawn by the Trustee on each Transfer Date and deposited first (a) to the Debt Service Fund an amount sufficient to pay the principal of and interest on the Series 2023-A Notes on the next Note Payment Date, and then (b) to the Expense Fund.

• The Trustee will transfer amounts from the Repayment Fund (which amounts come from Co-Obligor Payments) to the Expense Fund, as provided in Section 3.05 herein.

• Amounts remaining in the Expense Fund after all Series 2023-A Notes have been redeemed and all Fees and Expenses have been paid will be released to the Issuer.

• Interest earnings on amounts invested in the Expense Fund will be withdrawn by the Trustee on each Transfer Date and transferred to the Interest Earnings Fund.

• On the tenth day of each month (each a “Transfer Date”), the Trustee will withdraw monies from the Repayment Fund and transfer such amounts (a) first, to the Debt Service Fund (in amounts sufficient to pay principal of and interest on the Series 2023-A Notes on the next Note Payment Date less any Tax Deduction which has reduced the Co-Obligor Payments under Section 4.02) and (b) second, to the Expense Fund (to be used to pay Fees and Expenses, as and if due at such time).

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 10.3(a).

Expense Fund shall have the meaning set forth in Section 7.6(c).

Expense Fund means the expense fund hereby created to be held and administered by the Finance Authority to pay Expenses.