Sinking Fund Year definition
Sinking Fund Year means the 12-month period beginning July 1 of each year and ending June 30 of the following year, except with respect to the Series 2021 Bonds that the first Sinking Fund Year will begin on the Dated Date and will end on the following June 30.
Sinking Fund Year means the twelve (12) month period beginning on June 1 of the calendar year and ending on the next succeeding July 31; provided, however, that the first Sinking Fund Year will begin on the delivery date of the Series 2025 Bonds and will end on the next succeeding July 31.
Sinking Fund Year means the period commencing on the 2nd day of February in each year and extending through the 1st day of February in the next year.
Examples of Sinking Fund Year in a sentence
Within each Sinking Fund Year, the SPLOST proceeds of each beneficiary of the Debt shall be deposited into the Debt Service Account until there is an amount therein sufficient to pay that beneficiary’s pro-rata share of the debt service coming due on the Debt for such Sinking Fund Year.
After a beneficiary of the Debt has funded its pro-rata share of the debt service coming due on the Debt for the Sinking Fund Year, the remaining SPLOST proceeds of that beneficiary shall be disbursed as provided in Paragraph (d) of this Article.
More Definitions of Sinking Fund Year
Sinking Fund Year means the 12-month period beginning January 1 of each year and ending December 31 of the following year, except that the first Sinking Fund Year will begin on the delivery date of the Series 2008 Bonds and will end on the following December 31.
Sinking Fund Year means the period commencing on December 2 in each year and ending on December 1 in the next ensuing year.
Sinking Fund Year means the period commencing on the 2nd day of July in each year and extending through the 1st day of July in the next year.
Sinking Fund Year means, in connection with the Bonds, the period in each year commencing on the day after the date of issuance and delivery of the Bonds and ending on the anniversary of such issuance and delivery date in the next ensuing year.
Sinking Fund Year means the twelve-month period ending on July 1 of each year. "
Sinking Fund Year means the period commencing on the 2nd day of February in each year and extending through the 1st day of February in the next year or such other dates as may be specified in a supplemental resolution to be adopted by the Authority prior to the issuance and delivery of each series of Series 2021 Bonds.
Sinking Fund Year means ” means the period commencing on the 2nd day of