Laserfiche WebLink
208 <br />209 <br />210 <br />211 <br />212 <br />213 <br />214 <br />215 <br />216 <br />217 <br />218 <br />219 <br />220 <br />221 <br />222 <br />?23 <br />224 <br />225 <br />226 <br />227 <br />228 <br />229 <br />230 <br />231 <br />232 <br />233 <br />234 <br />235 <br />236 <br />237 <br />238 <br />239 <br />240 <br />241 <br />242 <br />243 <br />244 <br />245 <br />246 <br />247 <br />248 <br />249 <br />4.7.4 <br />Step-Up ]nvoice or Default Invoice as provided in Section 15.11 or <br />Section 153 hereof for which SCPPA has received payment, or other <br />payments received by SCPPA in accordance with Section 15 and used to <br />replenish such fund or account. <br />The Project B Indenture cost component of the Total Monthly Power Costs shall <br />consist of: <br />4.7.4.1 The amount which SCPPA is requ'ved under the Project B lndenture to <br />pay or deposit during such Month into any funds or accounts established <br />by the Project B Indenture for Project B Debt Service and for any reserve <br />requuements for Project B Bonds or reserve requirements established by <br />the Coordinating Committee and approved by SCPPA's Board of <br />D'uectors, including replenishment (the timing of which shall be in <br />accordance with the provisions of this Agreement and the Project B <br />Indenture) of any reserves drawn down as a result of a failwe of the <br />Project B Participantto pay all or any portion of its Project B Monthly <br />Power Costs; provided, however, such amounts shall not include <br />amounts included in a Step-Up Invoice or Default Invoice as provided in <br />Section 15.11 or Section 15.3 hereof for which SCPPA has received <br />payment, or other payments received by SCPPA in accordance with <br />Section 15 and used to replenish such reserves; provided further, <br />however, that for so long as Cerritos is a party to its Power Sales <br />Agreement, Cerritos shall only be obligated to pay Project B Debt <br />Service from the moneys it is obligated to pay for such puTpose as <br />provided in Ihe Cerritos Lease Agreements. <br />4J.42 The amount which SCPPA is required to pay or deposit during such <br />Month into any fund or account established by the Project B Indenture or <br />otherwise for the payment of interest on notes or on other evidences of <br />indebtedness issued in anticipation of the issuance of Project B Bonds. <br />4.7.43 One-twelfth of the amount (not otherwise included under any item in this <br />Section 4.7.4 or in Section 4.7.1 or 4.7.2 hereo� which SCPPA is <br />required under the Project B Indenture to pay or deposit during such <br />Power Supply Yeaz into any other fund or account established by the <br />Project B Indenture, and shall include, without limitation, any amounts <br />required to make up a deficiency in any fund or account required or <br />permitted by the Project B Indenture whether or not resulting from a <br />default in payments by the Project B Participant of amounts due under <br />the Power Sales Agreement entered into by the Project B Participant; <br />provided, however, such amounts shall not include amounts included in a <br />Step-Up Invoice or Default Invoice as provided in Section 15.11 or <br />Section 15.3 hereof for which SCPPA has received payment, or other <br />payments received by SCPPA in accordance with Section ] 5 and used to <br />replenish such fund or account. <br />250 4.7.5 The Project C Indenhue cost component of the Total Monthly Power Costs shall <br />251 consist of: <br />45049822.18 (PSA Prqxt A) <br />