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JUL-25-02 THU 16� I2 IEPR WATER FAX N0, 2177851225 P, 14 <br /> '`Restrictcd Funds" means any fiulds Or accounts (or �y other formal or ulformal <br /> collcetion of monry or investments)relating to aay of the Recipient's IE,PA Loans, including anY <br /> debt se�rv�ice rescrvc fimd pled;od to any YEl'A Loaz's th� (1) � j�0n�ly ��P�ted by thc <br /> Recipienc to be used to pay principal of or interest on any IEPA I.oans, (ii) are so restricted or <br /> earmasked so as to assure availability to pay principal of or iaterest on any of the Recipien�'s <br /> IEPA Loans in the evenc chat other moncys prove insufficien� or (iii) have a sufTiciently direct <br /> relationship to the Recipient's IEPA Loans to conclude that the amouats in such funds or <br /> accounts wouid have been used for the govarmncnta�purpose of any of such IEPA Lo�s if the <br /> proceeds of such IEPA Loan had not been used for that purposo. those other funds or accouncs <br /> may be subject ta investmcnt restrietions a�ul YebatC as describod in Appendix A. Such <br /> restrietions may also apply if the Rccipient has entercd into (at anY tim�) �Y covcnants to <br /> maintain balanccs in any funds or accounts for the beucfit of holders of its debt or guarant�rs <br /> thereof. <br /> "Trustee"means Amalgamated B�nk of Chicago. <br /> •.Yiekl"mvans that diseount rate which when used in computing the p�t value of aU <br /> payme�n.ts of principal and intcr�st paid and to be p�id on aa obligation (using semiatinuai <br /> compotusding on the ba.�is of a 360-day year) produces azt amo�t �9� t° the obligation's <br /> purchase price (or in the case of the Bonds, thc issuc pnee a4 estabhshed in 5ecaon 5.1), <br /> including accrued interest. <br /> B•3 <br /> �Cy�,�,����R,t�wL,2001 (VEEiI�M.01) <br />