JCFA definition
Examples of JCFA in a sentence
Amounts in the Water Facilities Account shall be disbursed at the direction of an Authorized Officer, from time to time, to finance the acquisition and construction of the Water District Facilities in accordance with the provisions of this Agreement and the Water District JCFA.
Amounts in the School Facilities Account shall be disbursed at the direction of an Authorized Officer, from time to time, to finance the acquisition and construction of the School District Facilities in accordance with the provisions of this Agreement and the School District JCFA.
Subject to the provisions of Section 3(d) above, and provided that the Company is in compliance with all provisions of this Agreement, the District agrees to disburse funds from the Water District Account to the Water District in accordance with the Water District JCFA, to disburse funds from the School District Account to the School District in accordance with the School District JCFA and to disburse funds from the Fire Facilities Account in accordance with the Fire Authority JCFA.
Upon receipt of such JCFA Facilities Payment Request, the City shall review the request and if determined to be an item eligible to be paid from the proceeds of the Bonds direct the Fiscal Agent to wire transfer (or pay in another mutually acceptable manner) to the payee identified in such JCFA Facilities Payment Request such requested funds to the extent of funds on deposit in the Improvement Fund or Special Fund designated by Owner.
Nothing in this Agreement shall be construed as a promise or representation by Owner regarding the provisions to be contained in the JCFA.
Amounts in the Fire Facilities Account shall be disbursed at the direction of an Authorized Officer, from time to time, to finance the acquisition of the Fire Authority Facilities in accordance with the provisions of this Agreement and the Fire Authority JCFA.
Funds in the City Facilities Account shall be available to finance the City Facilities, as provided for in this F/A JCFA, except to the extent CFD No. 2005-1 determines interest earnings must be rebated to the United States in accordance with the Internal Revenue Code of 1986, as amended.
Subject to the provisions of Section 3(d) above, and provided that the Company is in compliance with all provisions of this Agreement, the District agrees to disburse funds from the Water District Account to the Water District in accordance with the Water District JCFA, to disburse funds from the School District Account to the School District in accordance with the School District JCFA and to disburse funds from the County Facilities Account to finance the County Facilities.
Owner shall maintain or cause to be maintained the Phase 1 Bedford Channel Facility and Discrete Components thereof to be owned by the County (including the repair and replacement thereof) prior to the Acceptance Date thereof and for the period of time and in the form specified in the JCFA, if any, or as otherwise required by the applicable regulations of the County.
The remaining 40% of the Special Taxes deposited in the Special Fund shall be disbursed for City Facilities in accordance with the F/A JCFA.