Credit Facility Account definition

Credit Facility Account means the Credit Facility Account as defined in the Indenture.

Credit Facility Account means the account of that name established in the Bond Fund pursuant to Section 5.2 hereof.

Credit Facility Account means the Credit Facility Account of the Revenue Fund established by the Trustee pursuant to the Supplemental Indenture.

Examples of Credit Facility Account in a sentence

• For investment purposes the Trustee may commingle the funds and accounts established hereunder (other than the Rebate Fund and the Credit Facility Account).

• Moneys derived from draws upon the Credit Facility shall be deposited in the Credit Facility Account of the Revenue Fund and applied by the Trustee to pay the principal of and interest on the Bonds, and, in the event of a purchase of the Bonds, to pay, to the extent provided in the Credit Facility, the Purchase Price of the Bonds in accordance with this Indenture.

• Money derived from draws upon the Credit Facility shall be deposited in the Credit Facility Account of the Revenue Fund and applied by the Trustee to pay the principal of and interest on the Bonds, and, in the event of a purchase of the Bonds in lieu of redemption pursuant to Section 3.06 hereof, to pay, to the extent provided in the Credit Facility, the Purchase Price of the Bonds in accordance with this Indenture.

• Money derived from draws upon the Credit Facility shall be deposited in the Credit Facility Account of the Revenue Fund and applied by the Trustee to pay the principal of and interest on the Bonds, and, in the event of a purchase of the Bonds, to pay, to the extent provided in the Credit Facility, the Purchase Price of the Bonds in accordance with this Indenture.

• Moneys held in the Credit Facility Account of the Bond Fund shall not be invested.

More Definitions of Credit Facility Account

Credit Facility Account means the account by that name created in Section 501(c) of this Indenture.

Credit Facility Account means the account so designated, created and established in the Debt Service Fund pursuant to the Resolution.

Credit Facility Account means an account established for a Series of Variable Rate Bonds pursuant to Section 30-65.21(a).

Credit Facility Account means the account of that name established in the Bond Fund pursuant to Section 502 hereof.

Credit Facility Account means the account so named in the Bond Fund.

Credit Facility Account means the special account so named established within the Bond Fund pursuant to Section 401(A)(2)(a) of the Indenture.

Credit Facility Account means the account of that name established in the Bond Fund pursuant to Section 6.02.