Note Proceeds definition

Note Proceeds is defined in Section 2.7(h) of the ECCA.

Note Proceeds means proceeds of the sale of the Commercial Paper Notes or any moneys, securities or other obligations that may be deemed to be proceeds of the Commercial Paper Notes within the meaning of the Code.

Note Proceeds means the net proceeds of the Series 2023 Anticipation Note available for Advances to the Town.

Examples of Note Proceeds in a sentence

• Before any payment shall be made from the Note Proceeds Account of the Project Fund, the Regulatory Agreement shall have been executed and submitted to a title company for recordation in the official records of the County of San Diego.

• No more than $ of the amounts on deposit in the Note Proceeds Account of the Project Fund shall be applied to the payment of Closing Costs.

• Not less than 97% of the moneys deposited in and credited to the Note Proceeds Account of the Project Fund, and taking into account proceeds of the Funding Loan (if any) deposited in the Closing Costs Fund, representing the proceeds of the Funding Loan, including Investment Income thereon, will be expended for Qualified Project Costs (the “97% Requirement”).

• The Fiscal Agent shall disburse moneys in the Note Proceeds Account of Project Fund for the acquisition, construction and equipping of the Project, to pay other Qualified Project Costs and to pay other costs related to the Project as provided herein as requested by the Borrower pursuant to a Written Requisition in the form attached hereto as Exhibit C.

More Definitions of Note Proceeds

Note Proceeds means the proceeds of the Note deemed allocated to Improvement

Note Proceeds means the gross proceeds received from the issuance and sale of the Note.

Note Proceeds means the proceeds of the sale of the Note to the Lender.

Note Proceeds means all net proceeds of the issuance and sale of the Notes pursuant to the Note Purchase Agreement remaining after the payment of or provision for expenses incurred in connection with such issuance and sale.

Note Proceeds has the meaning set for in Section 4.4(q) of this Agreement.

Note Proceeds means the net proceeds received by Escrow Company pursuant to the Note Offering.

Note Proceeds means the proceeds received by the Buyer pursuant to the sale by the Buyer to the Seller of a Subordinated PIK Note or a Subordinated Cash Pay Note.