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1 (iii) subject to the provisions hereinafter set forth, to reimburse the Insurer for 2 amounts paid under the Insurance Policy-. 3 4 On each payment date for the 1998 Certificates (that is, each date upon which accnied interest and/or ~ principal is due on the 1998 Certificates, whether by virtue of the stated due date thereof, mandatori~ 6 or optional prepayment or otherwise). the Trustee shall withdraw sufficient fiinds from the 1998 7 Debt Service Account to pay the principal, premium (if any) and interest then due on the 1998 8 Certificates and make said funds so withdrawn available to itself and any other paying agents for the 9 1998 Certificates; prol~ided, howevef•, that if, on any payment date for the 1998 Certificates, the l o principal, interest or premium due on the 1998 Certiticates on such date has been paid from moneys i 1 received by the Trustee under the Insurance Policy, then the Trustee, after payment of all amounts l2 due on the 1998 Certificates on such date, shall withdraw from the 1998 Debt Service Account an l3 amount equal to the amolu~t so paid to the Trustee under the Insurance Policy for the purpose of l~t paying such amounts and shall pay the amount so withdrawn to the Insurer for the account of the -5 County in respect of the County's obligation to reimburse the Insurer for the amounts so paid. 16 Moneys in the 1998 Debt Service Account representing prepaid 1998 Financing Payments may, 17 at the written direction of the County, be used for the prepayment of 1998 Certificates in i 8 accordance with their terms or for the purchase of 1998 Certificates on the open market. 19 zo (B) THE 199g INSUR;INCE POLICY ACCOUNT. The Trustee shall deposit all moneys received 3 ~ from dra~v~s under the Insurance Policy, and not immediately disbursed, into the 1998 Insurance 33 Policy Account of the Certificate Payment Fund. Notwithstanding any other provision of this 33 Agreement, moneys received by the Trustee under the Insurance Policy shall never be commingled ?~t with moneys belonging to or derived from the County. Moneys in the 1998 Insurance Policy 25 Account shall only be used to pay, when due, the principal of and interest on the 1998 Certificates. ?6 27 SECTION 404. THE REBATE FUND. ~g 29 (A~ CALCUL.4TION OF REBATE AMOUNT; DEPOSITS TO AND WITHDRAWALS FROI~'I 3o REBATE FUND. The County hereby covenants and agrees that, in accordance with the applicable 3 ~ provisions of the Code, it shall cause to be calculated the Rebate Amount accruing with respect to 32 each series of Tax-Exempt Obligations issued hereunder. Within 2~ days after the close of each 33 Calculation Period for each series of Tax-Exempt Obligations and within 2~ days after the final 34 payment in full of all Tax-Exempt Obligations of a particular series, the Trustee shall provide the 35 County and the Rebate Analyst with detailed information concerning the investments made during 36 the Calculation Period just ended with any moneys related to such series of Tax-Exempt Obligations 3~ held by the County or the Trustee hereunder and the Rebate Analyst shall compute the Rebate 38 Amount for such series of Tax-Exempt Obligations in accordance with the requirements of Section 39 148( fl of the Code and shall provide to the Trustee and the County a Rebate Report setting forth such ~o calculations. ai ~t2 In the event a Rebate Report shows a positive Rebate Amount, the County shall, within five ~3 days of the delivery to the Trustee of such Rebate Report but in no event later than the date by which FINANCING AND TRUST AGREEMENT PACe 33