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Common use of Use of Bond Proceeds Clause in Contracts

Use of Bond Proceeds. The Authority shall deposit the proceeds from the sale of the Bonds with the Trustee to be expended and deposited all in accordance with the provisions of the Indenture.

Appears in 2 contracts

Sources: Loan Agreement (Unitel Video Inc/De), Loan Agreement (Impac Group Inc /De/)

Related Clauses

  • Use of Loan Proceeds
  • Application of Payments and Proceeds
  • Application of Proceeds of Sale
  • Use of Insurance Proceeds
  • Application of Payments and Proceeds Upon Default

Parent Clauses

  • City Representations, Warranties and Covenants
  • REPRESENTATIONS AND WARRANTIES
  • AFFIRMATIVE COVENANTS
  • ARBITRAGE REPRESENTATIONS AND ELECTIONS
  • COVENANTS

Sub-Clauses

  • ANTICIPATED USE OF PROCEEDS
  • CERTIFICATION AS TO COSTS OF THE PROJECT
  • Representations as to Use of Proceeds
  • Debt Service Coverage Ratio
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