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2020_0518_CCPacket
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2020_0518_CCPacket
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1/7/2022 9:35:26 AM
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Roseville City Council
Document Type
Council Agenda/Packets
Meeting Date
5/18/2020
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Attachment C <br />TABLE OF CONTENTS <br />Page <br />ARTICLE I DEFINITIONS .................................................................................................... 3 <br />Section 1.01 Definitions ................................................................................... 3 <br />Section 1.02 Interpretation ............................................................................... 4 <br />ARTICLE II REPRESENTATIONS, WARRANTIES AND COVENANTS ......................... 4 <br />Section 2.01 Representations, Warranties and Covenants of the <br />Governmental Lender .................................................................. 4 <br />Section 2.02 Representations, Warranties and Covenants of the <br />Borrower ...................................................................................... 6 <br />Section 2.03 Representations and Warranties of the Fiscal Agent ................. 10 <br />Section 2.04 Arbitrage and Rebate Fund Calculations ................................... 11 <br />Section 2.05 Tax Covenants of the Borrower ................................................ 11 <br />ARTICLE III THE PROJECT LOAN ..................................................................................... 13 <br />Section 3.01 Conditions to Funding the Project Loan .................................... 13 <br />Section 3.02 Terms of the Project Loan; Servicing ........................................ 14 <br />Section 3.03 Deposits ..................................................................................... 15 <br />Section 3.04 Assignment to Fiscal Agent ....................................................... 16 <br />Section 3.05 Investment of Funds .................................................................. 16 <br />Section 3.06 Damage; Destruction and Eminent Domain .............................. 16 <br />Section 3.07 Enforcement of Financing Documents ...................................... 16 <br />ARTICLE IV LOAN PAYMENTS ......................................................................................... 16 <br />Section 4.01 Payments Under the Project Note; Independent Obligation <br />of Borrower ............................................................................... 16 <br />Section 4.02 Additional Payments Under the Project Note and this <br />Project Loan Agreement ............................................................ 18 <br />Section 4.03 Payments to Rebate Fund .......................................................... 20 <br />Section 4.04 Prepayment ................................................................................ 20 <br />Section 4.05 BorrowerÓs Obligations Upon Prepayment ............................... 21 <br />Section 4.06 Limits on Personal Liability ...................................................... 21 <br />ARTICLE V SPECIAL COVENANTS OF BORROWER .................................................... 22 <br />Section 5.01 Performance of Obligations ....................................................... 22 <br />Section 5.02 Compliance with Applicable Laws ........................................... 22 <br /> -i- <br />4815-6109-7147.2 <br />12502464v3 <br /> <br />
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