Common use of Payments into the Project Fund; Disbursements Clause in Contracts

Payments into the Project Fund; Disbursements. The net proceeds of the issuance and delivery of the Bonds shall be deposited in the Project Fund and shall not be commingled with any other funds. The Trustee is hereby authorized and directed to (i) pay Issuance Costs on the date of issuance of the Bonds to the parties and in the amounts set forth on Exhibit C attached hereto, and (ii) following receipt of a Requisition, make each disbursement from the Project Fund required by the provisions of the Agreement. The Trustee shall keep and maintain adequate records pertaining to the Project Fund and all disbursements therefrom, including records of all Requisitions made pursuant to the Agreement, and after the Project has been completed and a completion certificate has been filed as provided in Section 6.08 hereof, the Trustee shall, upon request of the Company, file an accounting thereof with the Issuer and the Company.

Payments into the Project Fund; Disbursements. The net proceeds of the issuance and delivery of the Bonds shall be deposited in the Project Fund and shall not be commingled with any other funds. The Trustee is hereby authorized and directed to (i) pay Issuance Costs on the date of issuance of the Bonds to the parties and in the amounts set forth on Exhibit C “C” attached hereto, and (ii) following receipt of a Requisition, make each disbursement from the Project Fund required by the provisions of the Agreement. The Trustee shall keep and maintain adequate records pertaining to the Project Fund and all disbursements therefrom, including records of all Requisitions made pursuant to the Agreement, and after the Project has been completed and a completion certificate has been filed as provided in Section 6.08 hereof, the Trustee shall, upon request of the Company, file an accounting thereof with the Issuer and the Company.