Common use of LOAN DEBT SERVICE ACCOUNT WITHDRAWALS Clause in Contracts

LOAN DEBT SERVICE ACCOUNT WITHDRAWALS. The withdrawal of moneys from the Loan Debt Service Account shall be for the sole purpose of making the Semiannual Loan Payment or for discharging the Local Government’s obligations pursuant to Section 8.01.

Appears in 8 contracts

Samples: Construction Loan Agreement, Grant Agreement, Construction Loan Agreement

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LOAN DEBT SERVICE ACCOUNT WITHDRAWALS. The withdrawal of moneys from the Loan Debt Service Account shall be for the sole purpose of making the Semiannual Loan Payment or for discharging the Local GovernmentProject Sponsor’s obligations pursuant to Section 8.01.

Appears in 5 contracts

Samples: Construction Loan Agreement, Fund Construction Loan Agreement, Construction Loan Agreement

LOAN DEBT SERVICE ACCOUNT WITHDRAWALS. The withdrawal of moneys from the Loan Debt Service Account shall be for the sole purpose of making the Semiannual Loan Payment or for discharging the Local GovernmentBorrower’s obligations pursuant to Section 8.01.

Appears in 2 contracts

Samples: Fund Construction Loan Agreement, orlando.novusagenda.com

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LOAN DEBT SERVICE ACCOUNT WITHDRAWALS. The withdrawal of moneys from the Loan Debt Service Account shall be for the sole purpose of making the Semiannual Loan Payment or for discharging the Local Government’s 's obligations pursuant to Section 8.01.

Appears in 1 contract

Samples: Construction Loan Agreement

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