Examples of Share Pool in a sentence
Award funds received under any other CDFI Fund Program cannot be used by any participant, including Qualified Issuers, Eligible CDFIs, and Secondary Borrowers, to pay principal, interest, fees, administrative costs, or issuance costs (including Bond Issuance Fees) related to the CDFI Bond Guarantee Program, or to fund the Risk- Share Pool for a Bond Issue.
Amounts in the Risk Share Pool Fund will not be returned to Eligible CDFIs until maturity of all of the Bonds, and termination of all of the Bond Loans, within a Bond Issue.
The Risk Share Pool deposit shall be sufficient collateral to secure any draw on Bond Loan proceeds related to the costs of issuance pursuant to 1808.304(b).
Dividends payable in relation to Ordinary Shares may only be paid out of the Ordinary Share Pool and that dividends payable in relation to the B Shares may only be paid out of the B Share Pool.
Monies on deposit in the Risk- Share Pool Fund shall be applied to such payments and shall be depleted in full prior to any draw on the Guar- antee.(d) Eligible CDFIs (excluding the Eli- gible CDFI in default and responsible for a draw) shall not be required to re- plenish the Risk-Share Pool Fund in the event of a draw.