Available Proceeds. Bond Proceeds shall be disbursed in accordance with the Funding Agreement and the Trust Indenture to pay (or reimburse Company for) Approved Costs. For purposes of clarity, the Bond Proceeds: (i) of the Infrastructure Bonds shall be used to pay only Approved Costs incurred in connection with the Infrastructure Project; and (ii) of the Mixed-Use Bonds shall be used only to pay only Approved Costs incurred in connection with the Mixed-Use Project.
Appears in 2 contracts
Sources: Project Agreement, Project Agreement