Proceeds Used For Current Refunding Sample Clauses
Proceeds Used For Current Refunding. Proceeds of the Bonds will be used to pay principal of and interest on the Refunded Obligations. All such proceeds shall be spent not later than 90 days after the Issue Date.
Proceeds Used For Current Refunding. Proceeds of the Certificates will be used to pay the principal component and interest component of the rental payments of the Refunded Obligations. All such proceeds shall be spent not later than 90 days after the Issue Date.