Common use of Unexpended Amounts Clause in Contracts

Unexpended Amounts. Any moneys credited to the 2023 Series B Restricted Loan Subaccount that are not used to pay the costs of the Sapling Grove Housing Facility in accordance with subsection (b) of this Section 5.2, shall be transferred by the Trustee to the 2023 Series B Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2023B Bonds pursuant to Section 3.1(a) hereof, and not later than October 1, 2026 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2023B Bonds and an opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion from gross income of interest on the 2023B Bonds for federal income tax purposes, in which case such transfer shall occur on the later specified date or dates.

Unexpended Amounts. Any moneys credited to the 2023 Series B Restricted Loan Subaccount that are not used to pay the costs of the Sapling Grove Xxxxxxxxx Xxxx Housing Facility in accordance with subsection (b) of this Section 5.25.3, shall be transferred by the Trustee to the 2023 2020 Series B C Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2023B 2020C Bonds pursuant to Section 3.1(a) hereof, and not later than October May 1, 2026 2023 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2023B 2020C Bonds and an opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion from gross income of interest on the 2023B 2020C Bonds for federal income tax purposes, in which case such transfer shall occur on the later specified date or dates.

Unexpended Amounts. Any moneys credited to the 2023 Series B Restricted Loan Subaccount that are not used to pay the costs of the Sapling Grove Bentley Commons Housing Facility in accordance with subsection (b) of this Section 5.2, shall be transferred by the Trustee to the 2023 Series B F Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2023B 2023F Bonds pursuant to Section 3.1(a) hereof, and not later than October April 1, 2026 2027 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2023B 2023F Bonds and an opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion from gross income of interest on the 2023B 2023F Bonds for federal income tax purposes, in which case such transfer shall occur on the later specified date or dates.

Unexpended Amounts. Any moneys credited to the 2023 2021 Series B C Restricted Loan Subaccount that are not used to pay the costs of the Sapling Grove Atlantis Apartments II Housing Facility in accordance with subsection (b) of this Section 5.2, shall be transferred by the Trustee to the 2023 2021 Series B C Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2023B 2021C Bonds pursuant to Section 3.1(a) hereof, and not later than October April 1, 2026 2023 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2023B 2021C Bonds and an opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion from gross income of interest on the 2023B 2021C Bonds for federal income tax purposes, in which case such transfer shall occur on the later specified date or dates.

Unexpended Amounts. Any moneys credited to the 2023 Series B Restricted Loan Subaccount that are not used to pay the costs of the Sapling Grove Greyhound Park Housing Facility in accordance with subsection (b) of this Section 5.2, shall be transferred by the Trustee to the 2023 2020 Series B Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2023B 2020B Bonds pursuant to Section 3.1(a) hereof, and not later than October April 1, 2026 2023 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2023B 2020B Bonds and an opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion from gross income of interest on the 2023B 2020B Bonds for federal income tax purposes, in which case such transfer shall occur on the later specified date or dates.

Unexpended Amounts. Any moneys credited to the 2023 Series B Restricted Loan Subaccount that are not used to pay the costs of the Sapling Grove Clare Gardens Housing Facility in accordance with subsection (b) of this Section 5.25.3, shall be transferred by the Trustee to the 2023 2020 Series B E Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2023B 2020E Bonds pursuant to Section 3.1(a) hereof, and not later than October 1, 2026 2023 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2023B 2020E Bonds and an opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion from gross income of interest on the 2023B 2020E Bonds for federal income tax purposes, in which case such transfer shall occur on the later specified date or dates.

Unexpended Amounts. Any moneys credited to the 2023 2021 Series B A Restricted Loan Subaccount that are not used to pay the costs of the Sapling Grove Reserves at Green Valley Ranch Housing Facility in accordance with subsection (b) of this Section 5.2, shall be transferred by the Trustee to the 2023 2021 Series B A Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2023B 2021A Bonds pursuant to Section 3.1(a) hereof, and not later than October April 1, 2026 2024 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2023B 2021A Bonds and an opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion from gross income of interest on the 2023B 2021A Bonds for federal income tax purposes, in which case such transfer shall occur on the later specified date or dates.

Unexpended Amounts. Any moneys credited to the 2023 Series B D Restricted Loan Subaccount that are not used to pay the costs of the Sapling Grove Residences at Durango Housing Facility in accordance with subsection (b) of this Section 5.2, shall be transferred by the Trustee to the 2023 Series B D Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2023B 2023D Bonds pursuant to Section 3.1(a) hereof, and not later than October 1, 2026 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2023B 2023D Bonds and an opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion from gross income of interest on the 2023B 2023D Bonds for federal income tax purposes, in which case such transfer shall occur on the later specified date or dates.

Unexpended Amounts. Any moneys credited to the 2023 Series B Restricted Loan Subaccount that are not used to pay the costs of the Sapling Grove Xxxxx Valley Townhomes Housing Facility in accordance with subsection (b) of this Section 5.2, shall be transferred by the Trustee to the 2023 2021 Series B E Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2023B 2021E Bonds pursuant to Section 3.1(a) hereof, and not later than October April 1, 2026 2024 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2023B 2021E Bonds and an opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion from gross income of interest on the 2023B 2021E Bonds for federal income tax purposes, in which case such transfer shall occur on the later specified date or dates.

Unexpended Amounts. Any moneys credited to the 2023 Series B Restricted Loan Subaccount that are not used to pay the costs of the Sapling Grove Arvada House Housing Facility in accordance with subsection (b) of this Section 5.2, shall be transferred by the Trustee to the 2023 Series B A Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2023B 2023A Bonds pursuant to Section 3.1(a) hereof, and not later than October April 1, 2026 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2023B 2023A Bonds and an opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion from gross income of interest on the 2023B 2023A Bonds for federal income tax purposes, in which case such transfer shall occur on the later specified date or dates.

Unexpended Amounts. Any moneys credited to the 2023 Series B Restricted Loan Subaccount that are not used to pay the costs of the Sapling Grove Golden West Housing Facility in accordance with subsection (b) of this Section 5.2, shall be transferred by the Trustee to the 2023 2020 Series B A Subaccount of the Class I Special Redemption Account of the Redemption Fund pursuant to an Authority Request filed with the Trustee stating that the Authority no longer reasonably expects to apply the amount to be transferred for any such purpose. Such amounts shall be transferred 30 days before any redemption of 2023B 2020A Bonds pursuant to Section 3.1(a) hereof, and not later than October May 1, 2026 2022 unless the Authority shall have filed with the Trustee an Authority Request specifying a later date or dates for such transfer, accompanied by a Cash Flow Statement with respect to the 2023B 2020A Bonds and an opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion from gross income of interest on the 2023B 2020A Bonds for federal income tax purposes, in which case such transfer shall occur on the later specified date or dates.