Common use of Disbursements from the Project Fund Clause in Contracts

Disbursements from the Project Fund. The Issuer has, in the Indenture, authorized and directed the Trustee to disburse the Series J Bond proceeds on the Closing Date from the Series J Account within the Project Fund to refund the Series I Bonds. The Trustee shall not make any disbursement from the Project Fund until the Company shall have provided the Trustee with a Requisition and the other documents required by Section 5.1 of this Agreement.

Disbursements from the Project Fund. The Issuer has, in the Indenture, authorized and directed the Trustee to disburse the Series J H Bond proceeds on the Closing Date from the Series J Account within the Project Fund to refund the the Series I F Bonds. The Trustee shall not make any disbursement from the Project Fund until the Company shall have provided the Trustee with a Requisition and the other documents required by Section 5.1 of this Agreement.