Note Proceeds Account definition

Note Proceeds Account means the Note Proceeds Account of the Project Fund established under Section 7.3.
Note Proceeds Account means the Note Proceeds Account of the Project Fund, including any subaccounts, established under Section 7.3.
Note Proceeds Account means the Note Proceeds Account of the Project Fund, including any subaccounts for each of the Tax-Exempt Governmental Lender Note and the Taxable Governmental Lender Note, established under Section 7.3.

Examples of Note Proceeds Account 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 Account

Note Proceeds Account means the Note Proceeds Account of the Project Fund established under Section 7.3 hereof.
Note Proceeds Account means the Note Proceeds Account of the Project Fund, established under Section 7.3.
Note Proceeds Account means the account to be established within the General Fund by the Original Purchaser pursuant to Section 7.1 hereof.
Note Proceeds Account means a U.S. dollar-denominated note proceeds account (together with any sub-accounts or related accounts, including for term deposits, established in connection therewith) established by, and in the name of, the Company with the Account Bank in accordance with the Note Disbursement and Account Agreement and holding the net proceeds of the Notes issued on the Issue Date upon the release of such net proceeds from the Escrow Account (less amounts used to fund the Note Interest Reserve Account), to be disbursed for the payment of construction and development costs and other Project Costs, including licensing fees and pre-opening costs, of the Phase I Project.
Note Proceeds Account means the Account (as defined in the Escrow Agreement).
Note Proceeds Account means the account by that name in the Project Fund established pursuant to Section 8.03 hereof.
Note Proceeds Account means the Note Proceeds Account of the Project Fund established under Section 7.3 hereof. 4155-5656-5797.5 Error! Unknown document property name. “Noteowner” or “owner of the Governmental Lender Note” shall mean the owner, or as applicable, collectively the owners, of the Governmental Lender Note as shown on the registration books maintained by the Fiscal Agent pursuant to Section 2.4(d) hereof.