Proceeds Certificate definition

Proceeds Certificate means, a certificate of a Responsible Person of the Lead Borrower substantially in the form of Exhibit F delivered to the DIP Agent and the Required DIP Lenders in accordance with the terms and conditions set forth in Section 2.06(b).
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Proceeds Certificate means that certain Proceeds Certificate, dated the Issue Date, and executed by the Issuer and the Company, as amended from time to time.
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Proceeds Certificate means a Proceeds Certificate substantially in the form of Exhibit D, duly completed and executed by the Borrower.
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Examples of Proceeds Certificate in a sentence

  • Proper Use of Proceeds — The Treasurer shall ensure that bond proceeds are expended and allocated to expenditures in a manner that is consistent with the purpose for which each bond issue is undertaken, as set forth in any Arbitrage and Use of Proceeds Certificate or agreement related to each bond issue.

  • If a dog is disqualified and reinstated, but is disqualified at a subsequent event for the same reason, this second disqualification will be considered permanent, with no further opportunity for reinstatement.

  • The School District will not take or omit to take any action which action or omission will in any way cause the proceeds of the Authority Bonds advanced to it to be applied in a manner contrary to that provided in the Master Resolution and the Arbitrage and Use of Proceeds Certificate as each are in force from time to time.

  • In connection with the delivery of the Bonds, the School District has executed and delivered an Arbitrage and Use of Proceeds Certificate.

  • In our opinion, the Financing Agreement, the Letter of Representation, the Continuing Disclosure Agreement and the Arbitrage and Use of Proceeds Certificate have been duly authorized, executed and delivered by the School District; and, assuming the due authorization, execution and delivery of the Financing Agreement by the Authority, will constitute legal, valid and binding obligations of the School District, enforceable in accordance with their terms.

  • The School District has duly approved the execution and delivery of this Financing Agreement, the Arbitrage and Use of Proceeds Certificate and the Continuing Disclosure Agreement and the issuance and delivery of the School District Bonds in the Principal Amount and has authorized the taking of any and all action as may be required on the part of the School District to carry out, give effect to and consummate the transactions contemplated by each of the foregoing.

  • In either case, the School District shall, prior to the issuance of the Authority Bonds, transfer any unspent proceeds of the Refunded Obligations to a separate account established with the Bank (not commingled with any other funds of the School District) pursuant to Section 165.00 of the Local Finance Law and Sections 10 and 11 of the General Municipal Law and maintained in accordance with the provisions of the Arbitrage and Use of Proceeds Certificate.

  • To the extent that the proceeds of the Loan are to be used to finance the Project, they shall be maintained in a separate account established with the Bank (not commingled with any other funds of the School District) pursuant to Section 165.00 of the Local Finance Law and Sections 10 and 11 of the General Municipal Law and maintained in accordance with the provisions of the Arbitrage and Use of Proceeds Certificate.

  • The Authority will comply with the provisions of the Tax Certificate and the Use of Proceeds Certificate with respect to the Bonds, which are incorporated herein as if fully set forth herein.

  • The Board covenants on behalf of the County that (i) the proceeds from the issuance and sale of the Bonds will be invested and expended as set forth in such Certificate as to Arbitrage and such Use of Proceeds Certificate and that the County shall comply with the other covenants and representations contained therein and (ii) the County shall comply with the provisions of the Code so that interest on the Bonds and on the VPSA Bonds will remain excludable from gross income for Federal income tax purposes.


More Definitions of Proceeds Certificate

Proceeds Certificate a certificate of the chief financial officer or the chief accounting officer of the Borrower, certifying as to (i) the aggregate amount of Major Casualty Proceeds received by the Borrower or any of its Subsidiaries and (ii) the fact that the Borrower shall invest such Major Casualty Proceeds to repair or replace affected assets with 180 days after receipt thereof.
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Proceeds Certificate means, a certificate of a Responsible Person of the Borrower, reasonably satisfactory in form and detail to the Required DIP Lenders, and delivered to the DIP Agent and the Required DIP Lenders in accordance with the terms and conditions set forth in Section 2.06(b).
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Proceeds Certificate means the Proceeds Certificate, dated as of the delivery date of the Bonds, by and among the County, the Borrower and the Guarantor, as the same may be amended from time to time.
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Proceeds Certificate means that certain Proceeds Certificate, dated the first Delivery Date, and executed by the Issuer and the Company, as amended from time to time.
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Related to Proceeds Certificate

  • Class S Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-22 hereto and evidencing an undivided beneficial interest in the Class S Specific Grantor Trust Assets. The Class S Certificates have no Pass-Through Rate, Certificate Balance or Notional Amount.

  • Class A-S Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-8 hereto.

  • Class ___ Certificate Any one of the Certificates executed and authenticated by the Trustee or the Authenticating Agent on behalf of the Depositor in substantially the form set forth in Exhibit ____ hereto.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class K Certificate means any of the Certificates with a "Class K" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class L Certificate means any of the Certificates with a "Class L" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-8 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-8 and Exhibit C hereto.

  • Class SB Certificate Any one of the Certificates designated as a Class SB Certificate. Class X Certificate: Any one of the Certificates designated as a Class X Certificate.

  • Pledge Certificate means a Pledge Certificate in the form attached to this Appendix "C" as Schedule 1 executed by a duly authorized officer of the applicable Fund and delivered by such Fund to the Custodian by facsimile transmission or in such other manner as the applicable Fund and the Custodian may agree in writing.

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.

  • Class R-1 Certificate Any Certificate designated a “Class R-1 Certificate” on the face thereof, in the form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in REMIC I and representing the right to the Percentage Interest of distributions provided for the Class R-1 Certificates as set forth herein.

  • Class R-2 Certificate Any Certificate designated a “Class R-2 Certificate” on the face thereof, in the form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in REMIC II and representing the right to the Percentage Interest of distributions provided for the Class R-2 Certificates as set forth herein.

  • Class A-V Certificate Any one of the Certificates designated as a Class A-V Certificate, including any Subclass thereof.

  • WREGIS Certificate or “Certificate” means “Certificate” as defined by the WREGIS Operating Rules.

  • Class H Certificate means any of the Certificates with a "Class H" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Final Certificate in relation to the work shall mean the certificate regarding the satisfactory compliance, performance and fulfillment of all Contractual Obligations as issued by the Head of SBU & PC – Rock Phosphate.

  • Class N Certificate means any of the Certificates with a "Class N" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class R-X Certificate Any one of the Class R-X Certificates executed by the Trustee and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-R-X and evidencing the ownership of the Class R-IV Interest, the Class R-V Interest and the Class R-VI Interest.

  • Preferred Security Certificate means a certificate representing a Preferred Security substantially in the form of Exhibit A-1.

  • Class A-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-6 and Exhibit C hereto.

  • Capital Security Certificate means a definitive Certificate in fully registered form representing a Capital Security substantially in the form of Exhibit A-1.

  • Class P Certificate Any one of the Class P Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-5 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.

  • Restricted Securities Certificate means a certificate substantially in the form set forth in Annex A.

  • Class A-7 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-7 and Exhibit C hereto.

  • Class A-SB Certificate Any one of the Certificates with a “Class A-SB” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Unrestricted Securities Certificate means a certificate substantially in the form set forth in Annex A.