Application of Bond Proceeds. At and upon the delivery of and payment for the Bonds, the proceeds received therefrom shall be applied in accordance with the provisions of Section 511 of the Resolution. [END OF ARTICLE III]
Application of Bond Proceeds. The Trustee shall apply the proceeds of any Series of Bonds as provided in the Related Series Supplement.
Application of Bond Proceeds. The proceeds of sale of the Bonds shall be deposited with the Trustee for deposit in the Project Fund to be paid out in accordance with Section 8.01.
Application of Bond Proceeds. Upon the receipt of proceeds from the sale of a Series of Bonds, the Corporation shall apply such proceeds as specified herein and in the Supplemental Indenture authorizing such Series. Accrued interest, if any, received upon the delivery of a Series of Bonds shall be deposited in the Debt Service Fund unless all or any portion of such amount is to be otherwise applied as specified in the Supplemental Indenture authorizing such Series.
Application of Bond Proceeds. (A) Proceeds of any Series of Bonds shall be applied as provided in the applicable Supplemental Trust Agreement to any lawful purpose of the Trust.
Application of Bond Proceeds. The City represents and warrants that the proceeds of the Bonds shall be used as provided in the Transaction Documents. The City shall not take or omit to take any action which action or omission shall in any way cause or result in the proceeds from the sale of the Bonds being applied in a manner other than as provided in the Transaction Documents and as described in the Preliminary Official Statement and the Official Statement.
Application of Bond Proceeds. At and upon the delivery of and payment for the Series 2022 Bonds, the proceeds received therefrom shall be applied in the manner set forth in the Bond Resolution.
Application of Bond Proceeds. Neither the County nor the Authority will take or omit to take any action, which action or omission will in any way result in the proceeds from the issuance of the Bonds being applied in a manner other than as provided in the Trust Agreement.
Application of Bond Proceeds. In connection with the issuance of bonds by either District (other than short-term tax increment revenue bonds issued by the XXXX), the applicable District Board shall enter into an Indenture of Trust (an "Indenture") and a banking institution acting as trustee acceptable to the District Board and TSVI (the "Trustee"), to deposit to the credit of a project fund or reimbursement fund (the "Project Fund" as shall be defined in the applicable Indenture), the proceeds of the District Bonds net of deposits for the payment of interest, if applicable, costs of issuance, a debt service reserve account and such other funds and accounts as may be more specifically described in the applicable Indenture. Moneys in the Project Fund shall be disbursed by the Trustee to reimburse TSVI for Reimbursable Costs.
Application of Bond Proceeds. (i) PID Bonds shall be issued pursuant to the PID Indenture, which shall be entered into by and between the PID and a banking institution acting as trustee acceptable to the PID Board and TSVI (the “PID Trustee”). XXXX Bonds shall be issued pursuant to the Master Indenture (for purposes of this Section 5(G), the “XXXX Indenture”), which shall be entered into by and between the XXXX and a banking institution acting as trustee acceptable to the XXXX Board and TSVI (the “Master Trustee” or the “XXXX Trustee”).
