TIFIA Debt Service Account definition

TIFIA Debt Service Account means the account within the Junior Subordinate Obligations Fund established and created pursuant to the Indenture.
Sample 1Sample 2Sample 3
TIFIA Debt Service Account means the “TIFIA Debt Service Account” established and created in the name of the Borrower pursuant to Section 5.01.
Sample 1Sample 2
TIFIA Debt Service Account has the meaning provided in the [Indenture][the TIFIA Supplemental Indenture].
Sample 1Sample 2

Examples of TIFIA Debt Service Account in a sentence

  • The Borrower may make any such payment or portion thereof (or direct the Trustee to make such payment) with funds then on deposit in the TIFIA Debt Service Account.

  • The Borrower may make, or cause to be made, any such payment (or portion thereof) with funds then on deposit in the TIFIA Debt Service Account.

  • Except for Permitted Liens, the Borrower shall not create, incur, assume or permit to exist any Lien (i) on the Pledged Taxes or the Borrower’s or the TIFIA Lender’s rights in respect thereof or (ii) on the TIFIA Debt Service Account, the TIFIA Reserve Account, the Revenue Sharing Account or any Construction Account.

  • Amounts on deposit in the TIFIA Reserve Fund or the TIFIA Debt Service Account shall be held uninvested or invested in Permitted Investments.

  • On such Semi-Annual Payment Date and on each Semi-Annual Payment Date thereafter, the Trustee shall transfer to the Holder of the 2017 TIFIA Bond amounts on deposit in the Interest Subaccount of the 2017 TIFIA Debt Service Account sufficient to pay the interest on the 2017 TIFIA Bond due and payable on such Semi-Annual Payment Date.

  • There is hereby established within the Junior Subordinate Obligations Fund the 2017 TIFIA Debt Service Account (the “2017 TIFIA Debt Service Account”) and within the 2017 TIFIA Debt Service Account there is further established the Interest Subaccount and the Principal Subaccount, all to be held by the Trustee.

  • On such Semi-Annual Payment Date and on each Semi-Annual Payment Date thereafter, the Trustee shall transfer to the Holder of the 2017 TIFIA Bond amounts on deposit in the Principal Subaccount of the 2017 TIFIA Debt Service Account sufficient to pay the principal of the 2017 TIFIA Bond due and payable on such Semi-Annual Payment Date.

  • The Borrower may make, or causedcause to be made, any such payment (or portion thereof) with funds then on deposit in the TIFIA Debt Service Account.

  • Payment of the obligations of the Borrower under this TIFIA Bond is secured by and payable from (i) the Pledged Taxes and (ii) the amounts, if any, in the TIFIA Debt Service Account, the TIFIA Reserve Account and the Construction Account related to such TIFIA Loan, in each case pursuant to the Bond Documents, including the TIFIA MCA Master Resolution.

  • The Borrower may make, or caused to be made, any such payment (or portion thereof) with funds then on deposit in the TIFIA Debt Service Account.


More Definitions of TIFIA Debt Service Account

TIFIA Debt Service Account has the meaning set forth in the Collateral Agency Agreement.
Sample 1Sample 2
TIFIA Debt Service Account means the Debt Service Account 2021 TIFIA NOTE SUB LIEN under the Subordinate Lien Debt Service Fund, established pursuant to the TIFIA Supplemental Indenture.
Sample 1
TIFIA Debt Service Account has the meaning set forthprovided in the TIFIA Bond Resolution.
Sample 1
TIFIA Debt Service Account means the sub-account established under the Third Tier Debt Service Account pursuant to the Indenture, which sub-account is dedicated to paying debt service in respect of the TIFIA Bond.
Sample 1

Related to TIFIA Debt Service Account

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Debt Service Reserve Account shall have the meaning assigned to such term in the Depositary Agreement.

  • Debt Service Reserve Fund means the fund by that name established pursuant to the Second Resolution.

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Collection Account Agreement means that certain Collection Account Agreement, dated the Closing Date, among the Borrower, the Servicer, the Account Bank, the Administrative Agent and the Collateral Agent, governing the Collection Account and which permits the Collateral Agent on behalf of the Secured Parties to direct disposition of the funds in the Collection Account, as such agreement may be amended, modified or supplemented from time to time in accordance with its terms.

  • Debt Service Reserve means the reserve for payment of principal and interest on the Bonds, created and established by Sections 502 and 506 of the General Trust Indenture.

  • Liquidity Reserve Account shall have the meaning set forth in Section 8.2(A)(iii).

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Collection Accounts As defined in Section 3.10(a).

  • Note Account As defined in the Indenture.

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) 0.5% of the Outstanding Dollar Principal Amount of the Class A(2022-2) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.

  • Debt Service Reserve Fund Requirement means, with respect to the 2017 Series B Bonds and as of each determination date, an amount equal to maximum annual debt service on the 2017 Series B Bonds Outstanding from time to time and, with respect to any other Series of Bonds, the amount set forth in the Related Series Indenture.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Agent Account means an account in the name of the Agent designated by the Agent to the Borrower from time to time into which the Borrower shall make all payments to the Agent, for the account of the Agent or the Lenders, as the case may be, under this Agreement.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Financing Accounts means, collectively, the Credit Account and the Grant Account (or, where the context so requires, either of the Credit Account or the Grant Account).”

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Interest Reserve Account As defined in Section 3.4(d).

  • Collection Account Control Agreement means the Amended and Restated Collection Account Control Agreement, dated as of the date hereof, among the Borrower, the Servicer, the Administrative Agent and the Collection Account Bank, substantially in the form of Exhibit D-3 hereto, as amended, modified or supplemented from time to time.

  • Compliance account means a NOx allowance tracking system account, established by the U.S. EPA for a NOx budget unit under section 10 of this rule, in which the NOx allowance allocations for the unit are initially recorded and in which are held NOx allowances available for use by the unit for an ozone control period for the purpose of meeting the unit’s NOx budget emissions limitation.

  • Debt Service means, with respect to any particular period of time, scheduled principal and/or interest payments under the Note.