Examples of Debt Service Fund in a sentence
The balance of the Second Lien Debt Service Reserve Fund Participant Account (other than the interest income thereon, which may be transferred, to the extent herein provided, to the Second Lien Debt Service Fund or such other funds as may be permitted under federal tax law) is hereby pledged to the payment of the Second Lien Obligations that are Second Lien Debt Service Reserve Fund Participants.
Pursuant to Section 5.05(2) of the Master Resolution, the Authority hereby agrees that, so long as no event of default has occurred under this Financing Agreement, the Authority shall pay to the School District annually the School District’s Proportionate Share (as determined by the Authority) of excess amounts in the Debt Service Fund described in Section 5.05(2) of the Master Resolution.
So long as any Obligations remain Outstanding, all uninvested moneys on deposit in, or credited to, the First Lien Debt Service Fund, the First Lien Debt Service Reserve Fund, the Second Lien Debt Service Fund, and the Second Lien Debt Service Reserve Fund shall be secured by the pledge of security, to the extent required by law.
OK Transfer to Debt Service Fund to Pay Principal on Revenue Bonds (Fund 30 - Acct 7600 - Cell E41) must equal (Funds 10 & 20 - Acct 8600 - Cells C65:D68).
All Gross Revenues (except investment income required to be retained in the Debt Service Fund and the Debt Service Reserve Fund) shall be deposited by the Wharves Board as collected into the Revenue Fund.