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BROOKINGS - TWIN CITIES TRANSMISSION PROJECT AGREEMENT
<br />(iii) interest accruing in whole or in part on Bonds prior to and during acquisition
<br />and construction and for such additional period as CMMPA may reasonably
<br />determine to be necessary in accordance with the Bond Resolution;
<br />(iv) the payment of the principal of and premium, if any, and interest on notes or
<br />other evidences of indebtedness, including obligations issued in anticipation
<br />of the issuance of Bonds, for the payment of costs required to determine the
<br />feasibility of the Transmission Project, and to acquire, construct, finance,
<br />carry out, and place in operation the Transmission Project;
<br />(v) all costs of issuance of Bonds, including underwriting fees, bank
<br />commitment and letter of credit fees, legal fees, accounting fees, financial
<br />advisory fees, engineering fees, bond insurance and indemnity fees, any
<br />swap premium or swap termination payment, and any other costs of
<br />issuance;
<br />(vi) all federal, state and local taxes and payments in lieu of taxes legally paid in
<br />connection with the Transmission Project;
<br />(vii) all costs relating to injury and damage claims arising out of the
<br />Transmission Project, including, without limitation, claims and judgments
<br />related to construction of the Transmission Project;
<br />(viii) all costs relating to study and development of the Transmission Project,
<br />including any costs paid by CMMPA under the Development Project
<br />Agreement, preliminary survey, investigation and development costs,
<br />engineering, contractors' fees, permits, licenses and approvals, labor,
<br />materials, equipment, lands, rights of way, franchises, easements and other
<br />interests in land, utility services and supplies, payments to other public
<br />agencies, training and testing costs, insurance premiums, fees and expenses
<br />of trustees and paying agents, legal, accounting, and financing costs,
<br />administrative and general costs, and all other costs incurred by or on behalf
<br />of CMMPA and properly allocable to the acquisition and construction of the
<br />Transmission Project and carrying out and placing the same in operation,
<br />including repayment of any interim borrowing costs to provide for the
<br />foregoing; and
<br />(ix) all other costs incurred by or on behalf of CMMPA and properly allocable to
<br />the development, acquisition, financing, and construction of the
<br />Transmission Project.
<br />(s) "Debt Service" means, with respect to any period, the aggregate of the amounts
<br />required by the Bond Resolution to be paid or deposited during said period into
<br />any fund or account created by the Bond Resolution for the sole purpose of
<br />paying the principal (including sinking fund installments) of, premium, if any, and
<br />interest on all Bonds from time to time outstanding as the same become due.
<br />(t) "Debt Service - Related Costs" means the amounts listed in Part 1 of
<br />Attachment 4 to this Agreement.
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