Agmt15 Raymond James and Assoc. Port of RWC sale of refunding bonds

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that such lien,right to lien or attachment upon,or claim will not adversely affect the operation of the Enterprise or the security of the Owners in and to tlie Net Revenues. Upon receipt of each Written Request of the Port, so lon� as the Port is not then in default hereunder.the Trustee shall pay the amount set forth therein as directed by the terms thereof. When the acquisition,construction,and improvement of the Project for which the applicable Series of Bonds was issued has been completed, the Port shall deliver to the Trustee a Certificate of the Port stating the fact and date of the completion of such Project and stating that all of the costs of such Project and the expenses incidental thereto have been determined and paid (or that all such costs and expenses have been paid less specified claims which are subject to dispute and for which a retention in the appropriate Project Fund is to be maintained in the full amount of such claims unlil such dispute is resolved). Upon the receipt by the Trustee of such Certificate. the Trustee shall transfer any remaining balance o1'money in the appropriate Project Fund(but less the amount ot'any such retention)to the appropriate Interest Fund for payment of interest on the applicable Series of Bonds (or as otherwise provided in any Supplemental Indenture pursuant to which such Series of Bonds are iss�cd). On the date which is six mondis after the date of initial issuance and delivery of a Series of the Bonds, or on such earlier date as the Port shall have delivered to the Trvstee a Certificate of the Port stating that all of the Costs of Issuance with respect to such Series of the Bonds have been determined and paid, the Trustee shall transfer any remaining balance of money in the Costs of Issuance Fund related to such Series of the Bonds to the Project Fund related to such Series of the Bonds or, if no Project Fund was created for such Series of the Bonds or there has been delivered to the Trustee a Certificate of the Port as to the completion of the applicable Project as set forth in the preceding paragraph,to the Interest Fund related to such Series of the Bonds. Section 3.5. Special Pacilities and S,�ecia) Facilities Obligetions. The Port shall be permitted to designate new or existing facilities as Special Facilities as permitted in this Section. The Pon may, from time to time, and subject to the terms and conditions of this Section,(a)designate a separately identifiable existing facility or planned facility as a "Special Facility," (b)pursuant to an indenture other than this Indenture and without a pledge of any Net Revenues,incur debt primarily for the purpose of acyuiring,constructing,cenovating or improving or providing ftnancing or refinancing to a third party to acquire,construct,renovate or improve,such facility,(c)provide that cettain of the contractual payments derived from such Special Facility, together with other income and revenues available to the Pori from such Special Facility to the exteni necessary to make the payments required by clause (i) of the next succeeding paragraph,be "Special Facilities Revenue"and not included as Revenues or Net Revenues unless on terms provided in any Supplemental Indenture,and (d)provide that the debt so incurred shall be a "Special Facility Obligation" and the principal of and interest thereon shall be payable solely from the Special Facilities Revenue. The Port may from time to time refinance any such Specia) Facility Obligations with other Special Facility Obligations. Special Facility Obligations shatl be payable as to principal,redemption premium, if any, and interesY solely from Specia)Facilities Revenue,which shall include contractual payments derived by the Por►under and pursuant to a contract(which may be in the form of a lease)relating to a Special Facility by and between the Port and snother person,firm or corporation,either public or private,as shall undertake the operation of a Special Faci)ity. i zo�a.9uz�3 i.000s 31