Examples of Sinking Fund Account in a sentence
The Town will deposit the TIF Revenues necessary to pay debt service on any bonds issued to pay for District improvements, if any, into the Sinking Fund Account.
Any accrued interest shall be deposited in the Sinking Fund Account and applied to the payment of the first instalment of interest to become due on the Bonds.
Any accrued interest shall be deposited in the Sinking Fund Account and applied to the payment of the first installment of interest to become due on the Bonds.
The Series 2020 Bonds maturing on [June 15, 20 ] are subject to mandatory sinking fund redemption from the moneys on deposit in the Series 2020 Sinking Fund Account on June 15 in the years and in the mandatory sinking fund redemption amounts set forth below at a Redemption Price of 100% of their principal amount plus accrued interest to the date of redemption.
YearMandatory Sinking Fund Redemption Amount$ * * Maturity.The Assessment Area One Bonds maturing on [ 1, 20 ] are subject to mandatory sinking fund redemption from the moneys on deposit in the Assessment Area One Sinking Fund Account on [ 1] in the years and in the mandatory sinking fund redemption amounts set forth below at a Redemption Price of 100% of their principal amount plus accrued interest to the date of redemption.