Building Aid definition

Building Aid means the State school building aid described in the Assignment.
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Building Aid means the State school building aid described in the Assignment. “Building Aid Subaccount” means the subaccount of the Collection Account so designated and held by the Trustee pursuant to Section 501.
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Building Aid means the State school building aid described in the Assignment. “Building Aid Subaccount” means the subaccount of the Collection Account so
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Examples of Building Aid in a sentence

  • Two subaccounts are hereby established in the Collection Account: the Tax Revenue Subaccount, to be funded and applied pursuant to Section 509; and the Building Aid Subaccount, to be funded and applied pursuant to Section 510.

  • If at any time the Unfunded Balance is zero, the Trustee shall transfer any amount in the School Bond Account to the Collection Account as Building Aid.

  • Provision is made by the Act and the Assignment for the payment to the Authority of the Confirmed Building Aid and the Incremental Building Aid, and the Authority through the City pursuant to the Assignment has requested the State Comptroller to make such payments to the Collection Account for application hereunder.

  • Except as otherwise provided in the Constitution and laws of the State, the Sales Taxes, Building Aid and related collateral so pledged are and will be free and clear of any pledge, lien, charge or encumbrance thereon or with respect thereto prior to, or of equal rank with, the pledge created hereby, and all corporate action on the part of the Authority to that end has been duly and validly taken.

  • Building Aid transferred to the Bond Account or the Recovery Account may be treated as an interfund advance and transferred to the School Bond Account or restored to the Building Aid Subaccount through an Officer’s Certificate directing the transfer of Tax Revenues pursuant to Section 509(a) fourth.

  • Enforcement; Sales Taxes; Building Aid; Federal Subsidy 35 Section 603.

  • State Building Aid shall be credited to the school district or districts that incur the direct cost of qualifying expenditures.

  • The Authority shall transfer its earnings on the Project Fund to the Collection Account as Building Aid or Tax Revenues, or otherwise apply such earnings in accordance with the Tax Code pursuant to Officer’s Certificate.

  • Enforcement; Sales Taxes; Building Aid; Federal Subsidy 32 Section 603.

  • Customer shall not become obligated to execute such lease or issue bonds to secure funding for payments to JCI in the event that New York State legislation or other legislative or regulatory developments or administrative determinations of NY SED or other New York State officials, agencies, authorities, or departments adversely affect the amount of State Building Aid available to Customer for the Work, such that the net cost of the Work and M&V Services exceed the Total Project Benefits.

Related to Building Aid

  • Building means any structure used or intended for supporting or sheltering any use or occupancy.

  • Building drain means that part of the lowest horizontal piping of a drainage system which receives the discharge from soil, waste, and other drainage pipes inside the walls of the building and conveys it to the building sewer, beginning five (5) feet (1.5 meters) outside the inner face of the building wall.

  • School building means any building in which any of the instruction, extracurricular activities, or training provided by a school is conducted, whether or not any instruction, extracurricular activities, or training provided by the school is being conducted in the school building at the time a criminal offense is committed.