Examples of Project Accounts in a sentence
The date on which the Authority Bonds are issued and that portion of the proceeds thereof available to pay Project Costs is deposited to the Authority Project Accounts for investment in one or more Authority Project Fund Investments may be referred to herein as the “Authority Contribution Date”.
Developer and the Agency acknowledge and agree that the direct payment of Project Costs from Project Accounts do not constitute Distributions.
LSFE signs Form 830435, sends original to Finance, Project Accounts Payable, and a copy to the Project Engineer.
Balances as of December 31, 2016: The account denominated allowance for long-term debt is related to the “Fideicomiso Irrevocable de Garantía y Administración de Cuentas del Proyecto de Concesión San José - Caldera” (Irrevocable Account Management and Guarantee Trust Agreement of the San José-Caldera Concession Project Accounts) (Note 16).
Financial institutions holding Project Accounts may be changed from time to time with Approval of the Agency and Developer.