Examples of Surplus Fund in a sentence
If the Signatory Airline’s annual share of Revenue Sharing is reduced to satisfy the AUTHORITY’s $20 million annual minimum requirement for Revenue Sharing, AUTHORITY will refund to the Signatory Airlines such payments made as soon as uncommitted funds become available in the Surplus Fund.
The cost of printing the Bonds required for any such exchange or transfer shall be paid by the Authority subject to reimbursement from the Administration Fund or the Surplus Fund.
The Borrower agrees to restore the Series B Bonds Debt Service Reserve Fund to the Series B Bonds Debt Service Reserve Fund Requirement by directing the Trustee to transfer available funds, if any, to the Series B Bonds Debt Service Reserve Fund from the Surplus Fund.
The Trustee shall deposit into the Surplus Fund the amounts specified in Section 5.7(h) hereof.
Investment earnings on amounts in the Redemption Account transferred from the Surplus Fund will be credited against the computation of Investment Service as presented in Article 1.37.