Payment to Rebate Fund. In the event that tax-exempt Bonds are issued as provided in Section 3.5, GBRA hereby covenants and agrees to make the determinations and to pay any amounts due into a rebate fund, at the times and as described in the Bond Resolution to comply with the provisions of section 148(f)(2) of the Code. In any event, if the amount of cash held in the rebate fund shall be insufficient to permit payment to the United States of America of any amount due on any date under section 148(f)(2) of the Code, GBRA forthwith shall pay the amount of such insufficiency on such date in immediately available funds for such purpose. Any GBRA payment made as described in this Section 3.6 shall be considered a Debt Service Cost of the Project.
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