Examples of Bond Payment Fund in a sentence
Such tax shall be deposited first, before any other deposits of tax revenues by the City, into a separate bond fund ("Bond Payment Fund") and used to pay the principal of and interest on the Bonds, when due, together with any fiscal agency charges.
In addition, prevailing Chinese laws stipulate that no compensation should be provided for the acquisition of illegally owned land and houses.Solution: For an ADB financed project, all lawful APs, will receive full entitlement amnd extensions to houses will be compensated with at replacement values of assets.
Within the Bond Payment Fund there is hereby established an Interest Account, a Principal Account and a Redemption Account.
The Trustee shall deposit all Revenues paid to it into the Bond Payment Fund and shall transfer such funds to the Interest Account, the Principal Account and the Redemption Account in the manner and at the times hereinafter provided.
Any surplus remaining from the proceeds of the Bonds after all Project costs and expenses are fully paid shall, in accordance with IC 5-1-13, be paid into and become a part of the City’s hereinafter defined Bond Payment Fund for the Bonds or used to reduce the rate or amount of ad valorem property taxes imposed by the City.
From the proceeds of the sale of the Bonds, there shall be deposited in the Bond Payment Fund any premium and accrued interest received from the purchaser of the Bonds as well as any capitalized interest on the Bonds.
As suggested in prEN16485, the biogenic carbon flows will be included in the calcula- tions for GWP for wood products that are sustainably sourced.
Trustee shall deposit earnings on investments in the Bond Payment Fund to the Interest Account, Principal Account or Redemption Account of the Bond Payment Fund, to the extent that money is needed therein to make the interest or principal payment or redemption premiums, if any, as the case may be, on such Interest Payment Date, Maturity Date, or Redemption Date.
Bond Payment Fund – The Water Authority’s bond resolution authorizing the Water System Revenue Bonds, Series 2015, and Series 2010 bond issues has established the Bond Payment Fund.
The accrued interest, if any, and capitalized interest, if any, received at the time of delivery of the Bonds shall be placed into the Bond Payment Fund.