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1`2-08-98 13:56 FR0~1- T-475 P.08/10 F-043 (iii) to the extent nat described in (i) or (ii) aba~e, consist of expenditures ~-- in an aggregate amount that does not exceed the lesser of $100,004 or 5% of the Proceeds of rhe 1998 Cezuftcates (the applicable li.mit in this case being $1 OQ,000). The a~rc~ate amount of the preliminary expenditures referred to in (ii) above thac are included in [he Reimbwrsed Expenditures dozs not exceed 20 p~rcent of the a~gregate issue price of the 1998 Cercifica~~s. 3. The County intends this Reimbursement Requisirion Certif cate to canstinite a reimbursement allocation from Procreds of the 199$ Certificates deposited in the Project Accoun~ for rhe purpose of reimbu,rsing it~lf for $ of Fr~-issuancr Expenditures, as shown on Exhxbit A, attached hereto (the "Reimbursemen~ Allacation")_ Upon receipt of the a.rnount requisitianed, the Coun[y will credit such amoun~ ~o the County', general checking account by making appropriate entries on rhz books and records of the County that are maintdinrd with respect to said ~eneral checkin~ account. The County hereby covenauts and a~rees that no funounrs received by the County pursuant to such Reimbursement Allocation will be used, within one year fr~m ~ize date hereof, ~o make a.ny depo~i[ in ~ny fund or account relatin~ to any other issue of federally ta.~-exempt obligauans (o~her chan any such fund or accounT that constitutes a "bona fide debt service fi.~nd" within the meaning of Re~u1~.~ions § 1_ 148-1(b)), nor will such amounts be used in any manner that would cause them ta be or becorrze replac~ment proceeds (wit~zir~ the meaniz~g of ~te~uIatinns § l.14$-1(c)) for the 1995 Bonds or any other issue of federally taxTexempt obligatians. ~.., 4. The expendi~rures for which moneys are requisition~d hzreby represent proper charges against the ~'zoject Fu~~d, have not been ineluded in a previous requisition and have been properiy rec~rded an the County's boaks. The expe~ditutes for whictt moneys are hereby requisi- tioned are se~ forih in Exhibit A at~ached here[o, with paid invoices at;ached fcir mny sums for which reimburszment is requested. 5. The moneys requisitioned hereby are not ~reater than rhose necessary to mect obligaxions dE~e and p~yable or to reimbur~e the Counry for its funds accuaily advanced for costs of the Project and do not represent a reimbursement [o the Cour~ty for working capital. 6. The County is not in d~fa~t under the Loan ~greement a.rzd nothxng has occurred to tl~e knowledge of the County that would prevent the perform.ance o#' its obli~ations under th~ Loan ~greement. 7. All of the funds being rzquisitioned are being ~~sed in compliance with the Taac Cov~nan~s_