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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
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Council Agenda/Packets
Meeting Date
5/18/2020
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Attachment C <br />together with all third party and out-of-pocket expenses of the Fiscal Agent (including but <br />not limited to the fees and expenses of counsel to the Fiscal Agent) in connection with the <br />Loans and the issuance of the Governmental Note. <br />(vi) To the Fiscal Agent, the Fiscal AgentÓs Ordinary Fees and Expenses and <br />the Fiscal AgentÓs Extraordinary Fees and Expenses when due from time to time. <br />(vii)To the Governmental Lender, any extraordinary expenses not covered by <br />the Governmental Lender Fee the Governmental Lender may incur in connection with the <br />Financing Documents or the Project from time to time, including any expenses (including <br />accountant or attorneysÓ fees) incurred in connection with any audit, inquiry, document <br />request or other investigation by the Internal Revenue Service, the Minnesota Department <br />of Revenue, the State Auditor, or any other federal or State agency. <br />(viii) To the Rebate Analyst, the reasonable fees and expenses of such Rebate <br />Analyst in connection with the computations relating to arbitrage rebate required under the <br />Funding Loan Agreement and this Project Loan Agreement when due from time to time. <br />(ix) To the Funding Lender Representative, any amount due and owing the <br />Funding Lender Representative from time to time but unpaid under the Continuing <br />Covenant Agreement. <br />(x) To the Servicer, the amount of any portion of the Servicing Fee remaining <br />unpaid and any fees, costs and expenses of the Servicer as provided in the Continuing <br />Covenant Agreement. <br />(xi) To the Servicer, the amounts required to be deposited in respect of reserves <br />and impounds required under the Continuing Covenant Agreement and the other Project <br />Loan Documents. <br />(xii) To the Financial Monitor, the amount of any portion of the fees then payable <br />to the Financial Monitor and any other fees, costs and expenses of the Financial <br />Monitor as provided in the Financial Monitoring Agreement and the Continuing <br />Covenant Agreement. <br />(xiii) To the Construction Monitor, the amount of any portion of the fees then <br />payable to the Construction Monitor and any other fees, costs and expenses of the <br />Construction Monitor as provided the Construction Continuing Covenant <br />Agreement. <br />(xii) If the Fiscal Agent is collecting and remitting loan payments under the <br />Funding Loan Agreement, to the Fiscal Agent, within two (2) Business Days of receipt <br />from the Fiscal Agent of a notice of deficiency in the Administration Fund as provided in <br />Section 4.06 of the Funding Loan Agreement, the amount of any such deficiency in the <br />Administration Fund. <br /> 20 <br />12502464v3 <br /> <br />
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