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C <br /> Fifth, To repay the City for the Scoreboard Loan; <br /> Sixth,To repay the City for Repayment Deficiency Loans; <br /> Eighth, To pay the City for 2018 Bond Loan Repayments; <br /> Ninth, For any other District purpose, including but not limited to the optional <br /> redemption of 2018 Bonds or any Additional Bonds. <br /> On or within five (5) days following each Annual Full Funding Date,the balance on hand <br /> in the General Revenue Fund after providing for the payments required in priorities First and <br /> Second, shall be applied by the District to repay the City for obligations of the District set forth <br /> in priorities Third through Eighth above, unless the City shall have waived receipt of such <br /> payments. <br /> (c) 2018 Bond Account. <br /> (1) Deposits to the 2018 Bond Account. <br /> (A) Commencing with the tenth (10th) day of the first month following <br /> the issuance of the 2018 Bonds, the District will deposit to the 2018 Bond Account an amount at <br /> least equal to the Required Monthly Debt Service Deposit-Interest and on the tenth (10t) day of <br /> each month thereafter. <br /> (B) Commencing twelve (12) months prior to the first scheduled <br /> Principal Payment Date, the District will deposit to the 2018 Bond Account an amount at least <br /> equal to the Required Monthly Debt Service Deposit-Principal on the tenth (10th) day of the <br /> month and on the tenth(10th) day of each month thereafter. <br /> (2) Withdrawals from the 2018 Bond Account. The District shall withdraw <br /> funds from the 2018 Bond Account or cause such amounts to be transferred from the 2018 Bond <br /> Account in the amounts and at the times necessary to pay the principal of, premium, if any, and <br /> interest on the 2018 Bonds as the same shall become due and payable on each Interest Payment <br /> Date and Principal Payment Date. <br /> (d) 2018 Reserve Account. <br /> (1) Purpose. The 2018 Reserve Account shall be maintained for the purpose <br /> of securing the payment of the principal of and interest on the 2018 Bonds. <br /> (2) Payments into 2018 Reserve Account and Maintenance of 2018 Bond <br /> Reserve Requirement. The 2018 Reserve Account shall be maintained for the purpose of <br /> securing the payment of the principal of and interest on the 2018 Bonds. The District hereby <br /> covenants that the 2018 Bond Reserve Requirement will be fully funded as of the date of <br /> issuance of the 2018 Bonds, either with cash or the 2018 Bond proceeds. The District covenants <br /> 6113- 501534419 v3 <br />