Laserfiche WebLink
transferred from the Revenue Fund or any other fund held by the Trustee in <br /> accordance herewith to the Taxes and Insurance Fund for such month. In addition, <br /> the Borrower shall on a timely basis pay to the Trustee for credit to the Taxes and <br /> Insurance Fund any other amounts required to permit the Trustee to pay when due <br /> all installments of taxes or insurance premiums payable from the Taxes and <br /> Insurance Fund. <br /> (d) On or before the 15th day of each month occurring in November 2003 and each <br /> month thereafter (or if such date is not a Business Day, the next succeeding <br /> Business Day), the Borrower shall pay to the Trustee an amount equal to the <br /> Monthly Repair and Replacement Fund Deposit for credit to the Repair and <br /> Replacement Fund; but with credit being given against such payments for any <br /> amounts transferred from the Revenue Fund or any other fund held by the Trustee <br /> in accordance herewith to the Repair and Replacement Fund for such month. <br /> (e) On or before the 15t day of each month(or if such date is not a Business Day,the <br /> next succeeding Business Day),the Borrower shall pay any sum necessary to restore <br /> the amount in the Debt Service Reserve Fund to the Debt Service Reserve Fund <br /> Requirement,but with credit being given against such payments for any amounts <br /> transferred from the Revenue Fund or any other fund held by the Trustee in <br /> accordance herewith to the Debt Service Reserve Fund for such month. <br /> (f) On or before the 15`h day of each month(or if such date is not a Business Day,the <br /> next succeeding Business Day),the Borrower shall pay any sum necessary to restore <br /> the amount in the Operating Reserve Fund to the Operating Reserve Requirement, <br /> but with credit being given against such payments for any amounts transferred from <br /> the Revenue Fund or any other fund held by the Trustee in accordance herewith to <br /> the Operating Reserve Fund for such month. <br /> (g) On or before the date any Bonds are called for redemption because of a <br /> Determination of Taxability, the Borrower shall pay the amount, which together <br /> with other Trust Funds, available therefor, is sufficient to pay the principal, <br /> premium and interest due on the Bonds. <br /> (h) On or before the 30th day following each Computation Date,the Borrower shall pay <br /> an amount for deposit in the Rebate Fund equal to all rebatable arbitrage due the <br /> United States with respect to the Computation Date (unless the Borrower shall <br /> deliver evidence reasonably satisfactory to the Trustee that the Borrower has <br /> calculated the rebatable arbitrage due and paid the same to the United States in <br /> compliance with Section 148(f)of the Code), but with credit being given against <br /> such payments for any amounts transferred from the Revenue fund or any other <br /> fund held by the Trustee in accordance herewith to the Rebate Fund for such <br /> purpose. <br /> Section 4.03 Additional Payments. The Borrower also agrees: <br /> (a) To pay to the Trustee, promptly after being billed, until the principal of and the <br /> interest on the Bonds shall have been fully paid or provision for the payment thereof <br /> shall have been made in accordance with the provisions of the Indenture (i) all <br /> Ordinary Trustee Fees and Expenses, but with credit being given against such <br /> -24- <br />