Agenda - Council - 07/12/2022 - Laserfiche WebLink

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(f) all expenses incurred in seeking to enforce any remedy against a contractor, any subcontractor, or any surety in respect of any default under any construction contract; (g) the cost of all other labor, services, materials, supplies, and equipment necessary to complete the acquisition, renovation, construction, expansion, and equipping of a Project; (h) all interest accruing on money borrowed by the Company for financing Project Costs during construction and up to six (6) months thereafter; (i) all fees and expenses of the Trustee and any paying agent relating to the Bonds that become due before the completion of a Project; 0) all advances, payments and expenditures made or to be made by the Issuer, the Trustee, and any other person with respect to any of the foregoing expenses; (k) amounts required to repay temporary loans or advances of funds of the Company or the Charter School or their affiliates made after the date which is sixty (60) days prior to the date of the applicable reimbursement resolution in which the Company or its affiliate expressed its intent to incur long-term indebtedness to finance such expenditure or otherwise permitted to be reimbursed under the applicable IRS regulations and guidance; and (1) without limitation by the foregoing, all other expenses which under Generally Accepted Accounting Principles constitute necessary capital expenditures for the 2022 Project and are authorized by the Act to be paid from the proceeds of the Bonds. Rating Agency means S&P or Moody's. RCRA means the Federal Resource Conservation and Recovery Act of 1976. Rebate Analyst means the Rebate Analyst described in Article V of this Indenture. Rebate Fund means the fund created pursuant to Article V of this Indenture. Record Date means, with respect to any Interest Payment Date (a) in the case of Bonds which are not Depository Bonds, the Trustee's close of business on the 15th day of the calendar month next preceding such Interest Payment Date, regardless of whether such day is a Business Day, (b) in the case of Depository Bonds, the Trustee's close of business on the 15th day of the calendar month next preceding such Interest Payment Date,and(c)in the case of Bonds,regardless of whether or not the Bonds are Depository Bonds, if the Interest Payment Date is the 15th day of the calendar month, the Trustee's close of business on the 1 St day of the calendar month next preceding such Interest Payment date, regardless of whether such day is a Business Day. Refunding Fund means the fund created pursuant to Article V of this Indenture. 17 735810810