Use of Certificate Proceeds Sample Clauses

Use of Certificate Proceeds. The Proceeds of the Series 2011A Certificates (excluding the underwriter's discount of $ and the municipal bond insurance policy premium of $ ) shall be disbursed as follows: Deposit to the Series 2011A Subaccount of the Costs of Issuance Account established for the Series 2011A Certificates $ Deposit to Escrow Fund as prepaid Basic Rent for the Refunded Certificates $
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Use of Certificate Proceeds. The proceeds of the Series 2009 Certificates (net of underwriters' discount) shall be disbursed as follows: Deposit to Series 2009 Subaccount of Project Account established for the Series 2009 Certificates ....................................................... $ Deposit to Series 2009 Subaccount of Costs of Issuance Account established for the Series 2009 Certificates .............................. $* * of which shall be wired directly to at closing.
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Use of Certificate Proceeds. The Certificate proceeds are expected to be allocated to expenditures as follows:
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Use of Certificate Proceeds. The net proceeds of the Series 2010C Certificates shall be disbursed as follows: Deposit to Series 2010C Subaccount of Project Account established for Series 2010C Certificates ................... $ Deposit to Series 2010C Subaccount of Costs of Issuance Account established for Series 2010C Certificates................................................................................. $
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Use of Certificate Proceeds. (a) The proceeds of the Series 2010B Certificates (net of underwriters' discount) were disbursed as follows: Deposit to Series 2010B Subaccount of Project Account established for the Series 2010B Certificates..................... $74,930,000.00 Deposit to Series 2010B Subaccount of Costs of Issuance Account established for the Series 2010B Certificates..................... $288,985.46
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Use of Certificate Proceeds. The proceeds of the Certificates will be deposited in the Project Fund to pay costs of the Financed Facility and costs related to the delivery of the Certificates.
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Use of Certificate Proceeds. The Certificate proceeds, as and when received, will be deposited into the Acquisition Fund, of which $17,000.00 is expected to be used to pay Costs of Delivery and the balance is expected to be used to pay costs of the Project.
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Related to Use of Certificate Proceeds

  • Replacement of Certificates If (i) any Certificate is mutilated and is surrendered to the Trustee or any Authenticating Agent or (ii) the Trustee or any Authenticating Agent receives evidence to its satisfaction of the destruction, loss or theft of any Certificate, and there is delivered to the Trustee or the Authenticating Agent such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to the Depositor and any Authenticating Agent that such destroyed, lost or stolen Certificate has been acquired by a bona fide purchaser, the Trustee shall execute and the Trustee or any Authenticating Agent shall authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Certificate, a new Certificate of like tenor and Certificate Principal Amount. Upon the issuance of any new Certificate under this Section 3.05, the Trustee and Authenticating Agent may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee or the Authenticating Agent) connected therewith. Any replacement Certificate issued pursuant to this Section 3.05 shall constitute complete and indefeasible evidence of ownership in the applicable Trust Fund, as if originally issued, whether or not the lost, stolen or destroyed Certificate shall be found at any time.

  • Cancellation of Certificate On completion of the distribution of Company assets as provided herein, the Company shall be terminated, and the Majority Members (or such other Person or Persons as the Act may require or permit) shall file a certificate of cancellation with the Secretary of State of Delaware, cancel any other filings made pursuant to Section 2.5 and take such other actions as may be necessary to terminate the Company.

  • Delivery of Certificates Upon the exercise of the Option, in whole or in part, the Company shall deliver or cause to be delivered one or more certificates representing the number of shares purchased against full payment therefor. The Company shall pay all original issue or transfer taxes and all fees and expenses incident to such delivery, except as otherwise provided in Section 3.3.

  • Treatment of Certain Refunds If any party determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes as to which it has been indemnified pursuant to this Section 2.17 (including by the payment of additional amounts pursuant to this Section 2.17), it shall pay to the indemnifying party an amount equal to such refund (but only to the extent of indemnity payments made under this Section 2.17 with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) of such indemnified party and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund). Such indemnifying party, upon the request of such indemnified party, shall repay to such indemnified party the amount paid over pursuant to this paragraph (g) (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) in the event that such indemnified party is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this paragraph (g), in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this paragraph (g) the payment of which would place the indemnified party in a less favorable net after-Tax position than the indemnified party would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been paid. This paragraph shall not be construed to require any indemnified party to make available its Tax returns (or any other information relating to its Taxes that it deems confidential) to the indemnifying party or any other Person.

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