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Proiect Funds s <br /> "Project Funds" means the funds by that name established pursuant to any Supplemental <br /> Indenture in accordance with Section 3.4 hcreof. <br /> Rebate Funds <br /> "Reb�te Funds" means the f'unds, if any, established pursuant to the Code and any <br /> Supplemental Indenture to make rebate payments to the United States pursuant to Section 148 of thc <br /> Code and thc Treusury Regulations promulgated thereunder. <br /> Record Date <br /> "Record Date" means the close of business on the fifteenth day of the month preceding any <br /> Interest Paymcnt Date or Principa! Payment Date,whether or not such day is a Business DAy,or any <br /> otlier dates desi�nated by a Supplcmental Indenture rclating to a Series of Bonds. <br /> Re�avment Ubti ation <br /> "Repayment Obli�ution" means un obligation under u writ�en agreement betwee�i the Port <br /> and u credit provider to reimburse the credit provider for amounts paid under or pursuant to a credit <br /> facility for the payment of the principal amount or purchase price of and/or interest on any Bonds or <br /> any Contract Payments. <br /> Reserve Fund <br /> "Rescrve Fund" means the fund by thpt name established pursuant to Section 3.3(c)hereof. <br /> Reserve Fund Reauirement <br /> "Reserve Fund Requirement" means, as of any date of calculation, an amount equal to the <br /> least of(a)ten per cent(10%)of the principal amounl of the then Outstanding Bonds secured by the <br /> Reserve f'und (less original issue discount if in excess of two percent (2%) of the stated amount � <br /> payable at maturity),(b)one hundred twenty-five per cent (125%) of Average Annual Debt Service <br /> with respect to the then Outstanding Bonds secured by the Reserve Fund, or (c)the Maximum <br /> Annual Debt Seiwiee with respect to the then Outstanding Bonds secured by the Reserve Fund. <br /> Rcvenue Fund <br /> "Revenuc Fund"means the fund by that name established pursuant to Sectiori 3.2 hereof. <br /> evenucs <br /> "Revenues"means: <br /> (a) all money received or collected from or arising out of the use or operation of any <br /> harbor or port improvemcnt,work,structure,appliance, facility, utility, service or watercraft owned, <br /> controlled or operated by the Port in or upon or pertaining to the lands and waters, or interests <br /> therein,of the Port; ull tolls,charges and rentnls collected by the Aort;�nd all compensations or fees <br /> I 1094.91229)1.0005 �4 <br />