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~1 Notwithstanding anything expressed or implied herein to the contrary, it i <br />2 there shall be paid to the United States of America, out of moneys on deposit in the <br />3 payments made by the County, all amounts required to be paid pursuant to Section 14, <br />4 at the times required thereby. I~ <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />t8 <br />19 <br />20 <br />21 <br />~2 <br />3 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />42 <br />~ <br />~C~ CONFORMANCE TO THE CODE REQUIREMENTS; `~ISSUE OF <br />OBLIGATIONS" DEFINED; COVENANT TO SURVIVE PAYMENT. Notwithstanding any <br />or implied herein to the contrary: (i) the provisions of this Section may be amend <br />time by the County, the County and the Trustee without the consent of or notice tc <br />order to conform to the requirements of the Code regarding the payment of the Re <br />the United States of America or the manner or time of calculating such Rebate Am <br />no event shall the County be deemed to be in default in respect of its obligations un <br />so long as all actions taken by the County with respect to the calculation of the Reb; <br />the payment thereof to the United States of America conform to the requirements of t <br />requirements may be changed, modified or amended from time to time. <br />As used in this Section and as used in the definitions of the terms `Bond Ye <br />Period", "Excess Earnings" and "Rebate Amount" that appear in the Definitions ~ <br />the phrases "series of Tax-Exempt Obligations" and "series of Certificates" or any <br />import shall mean all Tax-Exempt Obligations of whatever series which, for purpose <br />rebate provisions of the Code, are considered to be a single "issue" of obligations <br />the intent that <br />Zebate Fund or <br />~( fl of the Code <br />TAX-EXEMPT <br />hing expressed <br />d from time to <br />any Owners in <br />~ate Amount to <br />~unt; and (ii) in <br />ter this Section <br />te Amount and <br />ie Code as such <br />", "Calculation <br />~pendix hereto, <br />ords of similar <br />of the arbitrage <br />Notwithstanding anything expressed or implied herein or in any Supplem ntal Agreement <br />to the contrary, the covenants of the County set forth in this Section shall survive th payment in full <br />and/or defeasance of all Outstanding Certificates or any particular series of Certi icates. <br />(D) ACTIONS BY THE TRUSTEE. In the event the County shall fail to a~ <br />Analyst or otherwise fail to perform its obligations hereunder, the Trustee shall <br />appoint, and at the direction of the County shall appoint, such Rebate Analyst an~ <br />such report to be completed and to cause the Rebate Amounts to be paid from "av <br />such term is used in Section 6.10 of the Agreement). <br />SECTION 405. REPAYMENT TO THE COUNTY FROM THE FUNDS. Ariy ~ <br />in the Certificate Payment Fund, the Project Fund, fhe Rebate Fund or any other <br />with and held by the Trustee under any Supplemental Agreement, after paym <br />Certificates, any Rebate Amount, the fees and expenses and other costs specified ir <br />Agreement, and all other amounts required to be paid under the Agreement, shall bf <br />Trustee for the following purposes and in the order of priority indicated: <br />(i) First, to the Credit Providers to the extent of any amounts owed to <br />in respect of the Credit Facilities provided thereby; <br />~oint the Rebate <br />iave the right to <br />otherwise cause <br />lable funds" (as <br />.ounts remaining <br />fund established <br />;nt in full of all <br />Article VI of the <br />disbursed by the <br />by the County <br />FINANCING AND TRUST AGREEMENT <br />YAGE S4 <br />