Bond Proceeds; Investments. The Borrower hereby covenants and agrees that the proceeds of the Bonds and any earnings from any investments thereof have been deposited, and will be held, invested and reinvested, solely for the purposes and expended subject to the limitations contained in the Indenture, this Agreement, the Regulatory Agreement and the Tax Certificate.
Bond Proceeds; Investments. The proceeds of the Bonds and any earnings from any investments thereof have been deposited, and will be held, invested and reinvested solely for the purposes and expended subject to the limitations contained in the Indenture and in this Agreement.
Bond Proceeds; Investments. The proceeds of the Bonds and any earnings from any investments thereof, will be held, invested and reinvested solely for the purposes and expended for the purpose of paying a portion of the redemption price of the Prior Bonds on December 3, 1996.
