Capitalized Interest Fund definition

Capitalized Interest Fund means the Fund by that name created in Section 5.01(b) hereof and further described in Section 5.03 hereof.

Capitalized Interest Fund means the capitalized interest fund established for the Bonds under the Bond Indenture which shall be funded with proceeds of the Bonds in an amount sufficient to cover payment of accrued interest on the Bonds from the date of issuance of the Bonds through the Commencement Date plus any additional period permitted under Tennessee law.

Capitalized Interest Fund means the capitalized interest account established and maintained pursuant to Section 9 of this Agreement.

Examples of Capitalized Interest Fund in a sentence

• Capitalized Interest Fund - Designated for the payment of interest, when due, on the bonds and notes.

• The Capitalized Interest Fund is used for this purpose and uses bond proceeds as its source.

• Funds flowing into this account are normally derived from a combination of deposits from the Capitalized Interest Fund, the Additional Reserve Account and from loan repayments.

• Funds flowing into this account are normally derived from a combination of deposits from the Capitalized Interest Fund, the Additional Reserve Account and from borrowers’ loan repayments.

• As a result, there are no funds available in the Reserve fund to reduce the 2021-22 Annual Installment.Available Capitalized Interest Account As of June 30, 2021, the Trustee reported that the Capitalized Interest Fund been fully expended.

More Definitions of Capitalized Interest Fund

Capitalized Interest Fund means the special fund or account to be established in the custody of the School District pursuant to the Trust Agreement for the payment of the interest components of Base Rent, all in accordance with Section 5705.10 of the Revised Code.

Capitalized Interest Fund shall have the meaning given that term in the Loan Agreement.

Capitalized Interest Fund means the fund by that name designated and established pursuant to Section 6.02. “Certificate,” “Statement,” “Request,” “Requisition” or “Order” of the Authority means, respectively, a written certificate, statement, request, requisition or order signed in the name of the Authority by the Executive Director or any member of the Board of Directors of the Authority or any other Authorized Authority Representative. Any such instrument and supporting opinions or representations, if any, may, but need not, be combined in a single instrument with any other instrument, opinion or representation, and the two or more so combined shall be read and construed as a single instrument. If and to the extent required by Section 1.02, each such instrument shall include the statements provided for in Section 1.02. “Certificate,” “Statement,” “Request,” “Requisition” or “Order” of the City means, respectively, a written certificate, statement, request, requisition or order signed in the name of the City by the City’s Finance Director or such other person as may be designated in a resolution adopted by the City Council of the City as authorized to sign for the City. Any such instrument and supporting opinions or representations, if any, may, but need not, be combined in a single instrument with any other instrument, opinion or representation, and the two or more so combined shall be read and construed as a single instrument. If and to the extent required by Section 1.02, each such instrument shall include the statements provided for in Section 1.02.

Capitalized Interest Fund means the fund created by Section 402 hereof.

Capitalized Interest Fund means the Fund by that name created pursuant to the Indenture and further described under the caption “FUNDS—Capitalized Interest Fund” in this Appendix A, including any Accounts and Subaccounts created therein.

Capitalized Interest Fund means the fund by that name established pursuant to Section

Capitalized Interest Fund means the Capitalized Interest Fund established by Section 4.01 hereof.