5.4. ERMUSR 02-20-2007 - Laserfiche WebLink

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BROOKINGS-TWIN CITIES DEVELOPMENT PROJECT AGREEMENT thereof to the extent that CMMPA is not reimbursed therefore from the proceeds of insurance or funds for such payments are not available to CMMPA therefore from any funds or accounts reasonably established by CMMPA, or funds for such payment are not provided or to be provided by the issuance of Bonds; and i) Amounts to be paid for any scheduled or termination payments under swap or other similar arrangements that CMMPA may enter into relating to the Development Project. Both Agency and Open Participants shall be responsible to pay Non-Debt Related Monthly Development Project Costs. CMMPA Debt Related Monthly Development Proiect Costs a. Debt Service amounts that CMMPA is required to pay on Bonds issued to finance or refinance all or a part of the Development Project, including any portion for Additional Transmission Development Project Costs, and any regularly scheduled payments required to be made on any swaps or other similar arrangements relating to the Bonds; b. Certain amounts that may be required for coverage on Debt Service amounts in item (a) above, reserves on Bonds issued to finance or refinance all or a part of the Development Project, and financing-related costs; c. Certain amounts that CMMPA is required under the Bond Resolution to pay or deposit into any fund or account established by the Bond Resolution, including any reserve requirements for the Bonds. Agency Participants shall be responsible for paying CMMPA Debt Related Monthly Development Project Costs. Agency Participants may have their respective share of CMMPA Debt Related Monthly Development Project Costs adjusted to reflect a mix of Taxable Bonds and Tax Exempt Bonds. Open Participants shall not be responsible for paying CMMPA Debt Related Monthly Development Project Costs. C:\Documents and Settings\Bryan\Local Settings\Temporary Internet Files\OLK53\Cap X Brookings 2-12-07 37 clean.doc