Examples of Debt Service Assistance Account in a sentence
The Trustee shall also pay out of the Debt Service Fund, including the Debt Service Assistance Account in accordance with a certificate of an Authorized Officer, accrued interest included in the purchase price of Bonds purchased for retirement under any provision of the Indenture.
The Trustee shall pay out of the Debt Service Fund, including the Debt Service Assistance Account in accordance with a certificate of an Authorized Officer, to the appropriate Paying Agents, on or before such redemption date or maturity date, the amount required for the redemption of the Bonds so called for redemption or for the payment of such Bonds then maturing, and such amount shall be applied by such Paying Agents to such redemption or payment.
The City shall deposit Debt Service Assistance to the Debt Service Assistance Account in the Debt Service Fund to be applied by the Trustee in accordance with a certificate of an Authorized Officer, as amended from time to time.
There shall be established within the Debt Service Fund separate accounts to be known as the Debt Service Account, the Stabilization Account and the Debt Service Assistance Account.
If on any interest payment date the amount accumulated in the Debt Service Account of the Debt Service Fund, including the Debt Service Assistance Account, for either of the purposes specified above exceeds the amount required therefor, the City may direct the Trustee in writing to deposit such excess in the Stabilization Account, the Redemption Fund or, in its discretion consistent with any order of the Public Utilities Commission, in the Revenue Fund.
To the extent that the City has transferred monies to the Debt Service Assistance Account from the Revenue Fund in anticipation of the receipt of Debt Service Assistance pursuant to Section 504(2)(v), once the Debt Service Assistance is received, an amount equal to such Debt Service Assistance received, but not in excess of the amount which has been so transferred to the Debt Service Assistance Account pursuant to Section 504(2)(v), shall be redeposited to the Revenue Fund.
If on any interest payment date the amount accumulated in the Debt Service Account of the Debt Service Fund, including the Debt Service Assistance Account, for either of the purposes specified above exceeds the amount required therefor, the City may direct the Trustee in writing to deposit such excess in the Stabilization Account, Redemption Fund or, in its discretion, consistent with any order of the Public Utilities Commission, in the Revenue Fund.
There shall be established within the Debt Service Fund separate accounts to be known as the Debt Service Account, the Stabilization Account, the City Loan Repayment Account and the Debt Service Assistance Account.
The significant infusion of resources for the recovery and rehabilitation program also creates a window of opportunity to build back better and achieve a higher level of development outcomes in some of the poorest areas of the country.
Effective date TBDSchool Facility and TechnologyAccount School Debt Service Assistance Account (Bucket #1)Funded by lottery net rev ($12 million)Concept #2 (LC GRT2; Essmann) State General FundRedirect lottery profits ($12 million hit to GF) About $10 million Guarantee Accountadding riverbed and timber revenues that previously went to SFTA ($5 million)Enough to bring MMGPAto $10 million$1 millionAny “overflow” not needed to fully fundDS assist Major Maintenance Grant Program Account (Bucket #2)Funded by:1.