Establishment of Rebate Fund. (a) There is hereby established a special trust fund which shall be designated "Rebate Fund 2002 - Weirton Steel Corporation Project" (the "Rebate Fund") which shall be held separate and apart from all other funds established under this Indenture. The Trustee shall be the depository, custodian and disbursing agent for the Rebate Fund.
Establishment of Rebate Fund. The Trustee shall establish a special fund designated as the “Los Angeles County Schools Pooled Financing Program, 2013 Refunding Series A Santa Xxxxxx Community College District Rebate Fund” (the “Rebate Fund”). So long as any Certificates are Outstanding, neither the Lessee nor the Lessor shall have any beneficial right or interest in the Rebate Fund or the moneys deposited therein, except only as provided in this Trust Agreement, and such moneys shall be used and applied by the Trustee as hereinafter set forth. The Trustee may rely conclusively on the Lessee’s (or its agent’s) determinations, calculations and certifications with regard to the calculation of rebate. The Trustee shall have no responsibility to independently make any calculation or determination or to review the Lessee’s (or its agent’s) calculations with regard to rebate.
Establishment of Rebate Fund. At the written request of a City Representative, the Trustee shall establish and maintain a special fund designated as the “Rebate Fund” to be held by the Trustee for the benefit of the City. The Trustee shall deposit into the Rebate Fund any amounts provided to it by the City for that purpose, and shall also transfer into the Rebate Fund any earnings received from the investment of amounts in the Project Fund or the Reserve Fund (to the extent permitted by Section 6.04), if and to the extent so directed in writing by a City Representative. At the written direction of the City, amounts on deposit in the Rebate Fund shall be disbursed by the Trustee for the purpose of making payments of Excess Investment Earnings in accordance with subsection (e) of this Section. If the City determines that any amounts held by the Trustee in the Rebate Fund are not required to make payments of Excess Investment Earnings, such amounts shall be transferred to the Installment Payment Fund at the written direction of the City. The Trustee shall be deemed conclusively to have complied with the provisions of this section if it follows the written directions of the City, and shall have no liability or responsibility to enforce compliance by the City with the terms of this section or any tax certificate.
Establishment of Rebate Fund. A Rebate Fund is hereby established ---------------------------- with the Trustee. Such fund shall be for the sole benefit of the United States of America and shall not be subject to the lien of this Agreement or to the claim of any other person, including without limitation the Bondowners and the Issuer. The Rebate Fund is established for the purpose of compliance with IRC Section 148 including but not limited to IRC Section 148(f). The Borrower and the Issuer agree that the requirements of this Section 305 are subject to, and shall be interpreted in accordance with IRC Section 148 and, where particularly applicable, IRC Section 148(f).
Establishment of Rebate Fund. (1) There is hereby created a Rebate Fund which shall be expended by the Trustee in accordance with the provisions hereof and the written instructions of the Borrower or the Rebate Analyst given pursuant to the provisions of the Tax Certificate. The Trustee shall deposit in the Rebate Fund, upon receipt, all Rebate Amounts deposited with the Trustee in accordance with Section 7.7(13) of the Loan Agreement; and for purposes of making such deposits the Trustee shall, at the direction of the Borrower, transfer from the appropriate fund to the Rebate Fund a sum equal to any Rebate Amounts attributable to sums held in the Construction Fund.
