Common use of Other Amounts Payable Clause in Contracts

Other Amounts Payable. The School District agrees to pay the initial financing fee payable by the School District to the Authority, which shall be in the amount of $75,000 per issue of Bonds of the Authority from which the School District borrows proceeds to be divided equally among the various school districts borrowing proceeds from such issue (with all Bonds of the Authority issued on any one date considered one issue for purposes of determining this fee), an annual administrative fee in the amount of .03% of the outstanding principal amount of the Loan to the School District and other Costs of Issuance as provided in Section 3.2 of this Financing Agreement. Such amounts shall be payable from the proceeds of the School District Bonds.

Appears in 7 contracts

Samples: Financing Agreement, Financing Agreement, Financing Agreement

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Other Amounts Payable. [The School District agrees to pay the initial financing fee payable by the School District to the Authority, which shall be in the amount of $75,000 [250,000] per issue of Bonds of the Authority from which the School District borrows proceeds to be divided equally among the various school districts borrowing proceeds from such issue (with all Bonds of the Authority issued on any one date considered one issue for purposes of determining this fee), an annual administrative fee in the amount of .03% of the outstanding principal amount of the Loan to the School District and other Costs of Issuance as provided in Section 3.2 of this Financing Agreement. Such amounts shall be payable from the proceeds of the School District Bonds.]

Appears in 1 contract

Samples: Financing Agreement

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Other Amounts Payable. The School District agrees to pay the initial financing fee payable by the School District to the Authority, which shall be in the amount of $75,000 0 per issue of Bonds of the Authority from which the School District borrows proceeds to be divided equally among the various school districts borrowing proceeds from such issue (with all Bonds of the Authority issued on any one date considered one issue for purposes of determining this fee), an annual administrative fee in the amount of .03% of the outstanding principal amount of the Loan to the School District and other Costs of Issuance as provided in Section 3.2 of this Financing Agreement. Such amounts shall be payable from the proceeds of the School District Bonds.

Appears in 1 contract

Samples: Financing Agreement

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