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252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 262 283 284 5. 4.7.5.1 The amount which SCPPA is required under the Project C Indenture to pay or deposit during such Month into any funds or accounts established by the Project C Indenhue for Project C Debt Service and for any reserve requirements for Project C Bonds or reserve requ'vements established by the Coordinating Committee and approved by SCPPA's Boazd of Directors, including replenishment (the timing of which shall be in accordance with the provisions of this Agreement and the Project C Indenture) of any reserves drawn down as a result of a failwe of the Project C Participant to pay all or any portion of its Project C Monthly Power Costs; provided, however, such amounts shal] not include amounts included in a Step-Up Invoice or Default Invoice as provided in Section 15.11 or Section ]53 hereof for which SCPPA has received payment, or other payments received by SCPPA in aocordance with Section 15 and used to replenish such reserves. 4.7.5.2 The amount which SCPPA is required to pay or deposit during such Month into any Tund or account established by the Project C Indenture or otherwise for the payment of interest on notes or on other evidences of indebtedness issued in anticipation of the issuance of Project C Bonds. 4.7.53 One-twelfth of the amount (not otherwise included under any item in this Section 4.7.5 or in Section 4.7.1 or 4.7.2 hereo� which SCPPA is required under the Project C Indenmre to pay or deposit during such Power Supply Yeaz into any other fund or account established by the Project C Indenture, and shall include, without limitation, any amounts requ'ved to make up a deficiency in any fund or account required or permitted by the Project C Indentwe whether or not resulting from a default in payments by the Project C Participant of amounts due under the Power Sales Agreement entered into by the Project C Participant; provided, however, such amounts shall not include amounts included in a Step-Up Invoice or Default Invoice as provided in Section 15.11 or Section 153 hereof for which SCPPA has received payment, or other payments received by SCPPA in accordance with Section 15 and used to replenish such fund or account. OBLIGATIONS OF SCPPA AND SERIES A PROJECT PARTICIPANTS. 285 5.1 Proiect Oufiut. SCPPA shall provide and [CITY NAME] shal] purchase and take its shaze of 286 Capacity and Energy from the Project pwsuant to the terms of this Agreement. SCPPA will 287 be responsible for planning, designing, fmancing, constructing, acquiring, insuring, 288 contracting for, administering, operating and maintaining the Project to eTf'ectuate the 289 delivery and sale of such share of Capacity and Energy to [CITY NAME]. 290 5.2 Proiect Manager and Operatine Aeent. SCPPA shall appoint Burbank as Project Manager 291 and Operating Agent to construct, operate and maintain the Project in accordance with the 292 Construction Management and Operating Agreement. 293 53 Adoption of Annual Budeet SCPPA will prepaze and submit to [CITY NAME] and the 294 other Project Participants a proposed Annual Budget at least 60 days prior to the beginning of 295 each Power Supply Yeaz. In connection with the prepazation of the Annual Sudget, SCPPA 45049822.18 (PSA Projwt A)