Pledged Funds definition

Pledged Funds means all of the Series Pledged Funds.

Pledged Funds means, collectively, the Pledged Revenue Fund, the Bond Fund, the Project Fund, the Reserve Fund and the Redemption Fund.

Pledged Funds means the County Sales Tax Bond Fund and any other funds established under the Indenture and pledged as security for the Bonds.

Examples of Pledged Funds in a sentence

• The Pledged Funds shall constitute trust funds which shall be held in trust by the Trustee as part of the Trust Estate solely for the benefit of the Owners of the Bonds.

• The County may release funds from the General Fund Account on a monthly basis to the extent that other Pledged Funds are deposited into the Debt Service Fund in a sufficient amount equal to the Bond Service Requirement for that month.

• The Subordinate Special Obligation Bonds do not constitute general obligations or indebtedness of the County within the meaning of any constitutional or statutory provision or limitation and the County is not directly, indirectly or contingently obligated to levy any ad valorem taxes or to make any appropriation for the payment of the Subordinate Special Obligation Bonds, except from the Pledged Funds.

• The following numbered items summarize the Pledged Funds defined in the 1997 Ordinance.

• Neither the Board nor any third party over whom the Board or the City have control, will make any use of the proceeds of the Note or the Pledged Funds at any time during the term thereof which would cause the Note to be a "private activity bond" within the meaning of Section 103(b)(1) of the Code or "arbitrage bond" within the meaning of Section 103(b)(2) of the Code.

More Definitions of Pledged Funds

Pledged Funds means and include the following:

Pledged Funds means Pledged Revenues and, until applied in accordance with the terms of this Agreement, all moneys, including investments thereof, in the funds and accounts established hereunder.

Pledged Funds means with respect to series of Obligations (A) the revenues, fees, charges, contract revenues, interlocal obligations, grants and or other moneys received by the Cooperative or its designee relating to its ownership or operation of the Cooperative Facilities, or some portion thereof, (B) until applied in accordance with the terms of the Financing Documents, all moneys in the funds, accounts and sub-accounts established thereby, including investments therein, and (C) such other property, assets and moneys of the Cooperative as shall be pledged pursuant to the Financing Documents; in each case to the extent provided by the Board of Directors and/or Project Board(s), as applicable, pursuant to the Financing Documents. The Pledged Funds pledged to one series of Obligations may be different than the Pledged Funds pledged to other series of Obligations. Pledged Funds shall not include any ad valorem tax revenues or general fund account of the Cooperative.

Pledged Funds means (A) the revenues derived from Special Assessments and other moneys received by the Agency or its designee relating to some portion thereof, (B) until applied in accordance with the terms of the Financing Documents, all moneys in the funds, accounts and sub-accounts established thereby, including investments therein, and (C) such other property, assets and moneys of the Agency as shall be pledged pursuant to the Financing Documents; in each case to the extent provided by the Board of Directors pursuant to the Financing Documents. The Pledged Funds pledged to one series of Obligations may be different than the Pledged Funds pledged to other series of Obligations. Pledged Funds shall not include any general or performance assurance fund or account of the Agency.

Pledged Funds means the Pledged Revenues and the Pledged Deposits.

Pledged Funds means as defined in the Recitals to this Agreement.

Pledged Funds means the Revenue Fund, the Construction Fund, the Debt Service Fund and the Surplus Fund, each and every account and subaccount in any such fund, and any fund or account established pursuant to a Supplemental Indenture therein designated as a Pledged Fund.