Common use of Payments into the Bond Fund Clause in Contracts

Payments into the Bond Fund. There shall be paid into the Bond Fund, as and when received, (a) from the proceeds derived from the sale of the Bonds, an amount equal to the Interest Reserve Requirement, (b) all payments made by the Company pursuant to Sections 4.1 and 4.3 of the Agreement, (c) prior to the Expiration Date of the Letter of Credit, all amounts drawn by the Trustee under the Letter of Credit to pay principal of, or interest on, the Bonds, and (d) all other moneys received by the Trustee when accompanied by the directions that such moneys are to be paid into the Bond Fund. Notwithstanding any provision hereof to the contrary, all amounts received by the Trustee as amounts drawn under the Letter of Credit shall not be commingled but shall be held in trust in a segregated account in the special account in the Bond Fund by the Trustee and used solely to pay amounts due in respect of the Bonds. The Issuer covenants that so long as any of the Bonds are outstanding it will pay, or cause to be paid, into the Bond Fund all moneys received pursuant to the Agreement (except for funds received pursuant to Sections 5.3 and 5.4 of the Agreement) to pay promptly the principal of, the redemption premium (if any) and interest on, the Bonds as the same become due and payable and to this end the Issuer covenants and agrees that if there occurs an Event of Default under the Agreement, the Issuer will fully cooperate with the Trustee and with the bondholders to the end of fully protecting the rights and security of the bondholders. Nothing herein shall be construed as requiring the Issuer to operate the Facilities or to use any funds from any source to pay the principal or purchase price of, and the redemption premium (if any) and the interest on, the Bonds or to pay the costs of maintaining and insuring the Facilities other than the payments to be received pursuant to the Agreement and the Revenues.

Payments into the Bond Fund. There shall be paid deposited in the Series A Interest Account all accrued interest received from the Placement Agent at the time of the issuance and delivery of the Series A Bonds. There shall be deposited in the Series B Interest Account all accrued interest received from the Placement Agent at the time of the issuance and delivery of the Series B Bonds. In addition, there shall be deposited into the applicable Account of the Bond FundFund on a pro rata basis based on the Outstanding principal amount of each series of Bonds, as and when received, , (a) from the proceeds derived from the sale of the Bonds, an amount equal to the Interest Reserve Requirement, (b) all payments made by under the Company pursuant to Sections 4.1 applicable Note and 4.3 as specified in Section 2.01 of the Agreement, , (b) moneys transferred from the Debt Service Reserve Fund pursuant to Section 5.02 hereof, and (c) prior to the Expiration Date of the Letter of Creditall other moneys, all amounts drawn including any prepayments received by the Trustee under and pursuant to any of the Letter provisions of Credit to pay principal ofthe Agreement, which are required or interest on, the Bonds, and (d) all other moneys received by the Trustee when which are accompanied by the directions that such moneys are to be paid into a specific Account in the Bond Fund. Notwithstanding any provision hereof to the contraryThe Authority hereby covenants and agrees that, all amounts received by the Trustee as amounts drawn under the Letter of Credit shall not be commingled but shall be held in trust in a segregated account in the special account in the Bond Fund by the Trustee and used solely to pay amounts due in respect of the Bonds. The Issuer covenants that so long as any of the Bonds issued hereunder are outstanding Outstanding, it will paydeposit, or cause to be paid, into paid to the Trustee for deposit in the Bond Fund all for its account, sufficient sums from Revenues and other moneys received pursuant derived and to be derived from the Loans to the Agreement (except for funds received pursuant Company, promptly to Sections 5.3 meet and 5.4 of the Agreement) to pay promptly the principal or Redemption Price of, the redemption premium (if any) and or interest on, on the Bonds as the same become due and payable and to this end the Issuer covenants and agrees that if there occurs an Event of Default under the Agreement, the Issuer will fully cooperate with the Trustee and with the bondholders to the end of fully protecting the rights and security of the bondholderspayable. Nothing herein shall be construed as requiring the Issuer Authority or the Trustee to operate the Facilities Project or to use any funds or revenues from any source to pay the principal or purchase price of, and the redemption premium (if any) and the interest on, the Bonds or to pay the costs of maintaining and insuring the Facilities other than funds and Revenues derived from the payments to be received pursuant to the Agreement and the RevenuesTrust Estate.

Payments into the Bond Fund. There shall be paid deposited into the Bond Fund, as and when received, , (a) from the proceeds derived from the sale accrued interest received upon delivery of the Bonds, an amount equal Bonds to the Interest Reserve Requirement, initial purchasers thereof; (b) all payments made by the Company pursuant to Sections specified in Section 4.1 and 4.3 of the Agreement, ; (c) prior any amount in the Construction Fund directed to be paid into the Expiration Date Bond Fund under Section 512 or 513 hereof; (d) any amount in the Debt Service Reserve Fund directed to be paid into the Bond Fund under Section 514 hereof; (e) any amount in the Operating Reserve Fund directed to be paid into the Bond Fund under Section 516; (f) all prepayments specified in Article VII of the Letter of Credit, all amounts drawn by the Trustee under the Letter of Credit to pay principal of, or interest on, the Bonds, and Agreement; and (dg) all other moneys received by the Trustee under and pursuant to any of the provisions of the Agreement, the Mortgage, the Guaranty or the Collateral Assignment when accompanied by directions from the directions person depositing such moneys that such moneys are to be paid into the Bond Fund. Notwithstanding any provision hereof to Fund or when the contrary, all amounts received by the Trustee as amounts drawn under the Letter of Credit shall not be commingled but shall be held in trust in a segregated account in the special account in the Bond Fund by the Trustee and used solely to pay amounts due in respect provisions of the BondsMortgage, the Guaranty or the Collateral Assignment, as applicable, provide for such deposit. The Issuer hereby covenants and agrees that so long as any of the Bonds issued hereunder are outstanding it will paydeposit, or cause to be paiddeposited, into in the Bond Fund all moneys received pursuant sufficient sums from Revenues promptly to the Agreement (except for funds received pursuant to Sections 5.3 meet and 5.4 of the Agreement) to pay promptly the principal of, the redemption premium (premium, if any) , and interest on, on the Bonds as the same become due and payable and to this end the payable. The Issuer further covenants and agrees that if should there occurs an Event of Default be a default under the Agreement, the Issuer will shall fully cooperate with the Trustee and with the bondholders Bondholders to the end of fully protecting and enforcing the rights and security of the bondholdersBondholders. Nothing herein shall be construed as requiring the Issuer to operate the Facilities or to use any funds or revenues from any source to pay the principal or purchase price of, and the redemption premium (if any) and the interest on, the Bonds or to pay the costs of maintaining and insuring the Facilities other than Revenues derived under the payments to be received pursuant to the Agreement and the RevenuesAgreement.

Payments into the Bond Fund. There shall be paid into the Bond Fund all accrued interest, if any, derived from the sale of the Bonds. In addition, there shall be paid into the Bond Fund, as and when received, , (a) all rental payments specified in Section 5.3 of the Lease Agreement (except for any moneys paid directly to the Bondholder pursuant to the provisions of a direct payment agreement permitted pursuant to Section 208 hereof and described in Xxxxxxx 000 xxxxx), (x) all moneys required to be so deposited from the proceeds derived from Project Fund, as provided in the sale of the BondsLease Agreement, an amount equal to the Interest Reserve Requirement, (b) all payments made by the Company pursuant to Sections 4.1 and 4.3 of the Agreement, (c) prior to the Expiration Date of the Letter of Credit, all amounts drawn by the Trustee under the Letter of Credit to pay principal of, or interest on, the Bonds, and (d) all other moneys received by the Trustee when accompanied by Issuer under and pursuant to any of the directions that such moneys provisions of the Lease Agreement or this Financing Agreement which are required to be paid into the Bond Fund. Notwithstanding any provision hereof to the contrary, all amounts received by the Trustee as amounts drawn under the Letter of Credit shall not be commingled but shall be held in trust in a segregated account in the special account in the Bond Fund by the Trustee and used solely to pay amounts due in respect of the Bonds. The Issuer covenants that so long as any of the Bonds are outstanding it will pay, or cause to be paid, into the Bond Fund all from the sources of payment described in Section 601 hereof sufficient moneys received pursuant to the Agreement (except for funds received pursuant to Sections 5.3 and 5.4 of the Agreement) to promptly pay promptly the principal of, the redemption premium (if any) of and interest on, on the Bonds as the same become due and payable and to payable. To this end end, the Issuer covenants that it will use its best efforts to cause the Project to be continuously and agrees that if effectively leased as a revenue producing undertaking. If there occurs an Event of Default under the AgreementLease Agreement resulting in the right of possession to the Project being returned to the Issuer, the Issuer will fully cooperate with the Trustee and with the bondholders Bondholder to the end of fully protecting the rights and security of the bondholdersBondholder and shall diligently proceed in good faith and use its best efforts to secure another tenant for the Project to the end that at all times sufficient rents, revenues and receipts will be derived from the Project to promptly pay the principal of and interest on the Bonds as the same become due and payable and to pay the costs of maintaining and insuring the Project. Nothing herein shall be construed as requiring the Issuer to operate the Facilities Project or to use any funds from any source to pay the principal or purchase price of, of and the redemption premium (if any) and the interest on, on the Bonds or to pay the costs of maintaining and insuring the Facilities Project other than rents, revenues and receipts arising out of or in connection with its ownership of the payments to be received pursuant to the Agreement and the RevenuesProject.