RE-BID ITB # 23-10-01 JOINT PROCUREMENT CENTRAL ISLAND

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Resolution, which, as of the Effective Date, is set forth in Schedule VI (Flow of Funds) for reference. (e)Pursuant to the WIFIA Supplemental Resolution, the Borrower shall establish the WIFIA Debt Service Account as a subaccount of the Debt Service Fund for the payment of all WIFIA Debt Service (the “WIFIA Debt Service Account”). The Borrower shall maintain the WIFIA Debt Service Account throughout the term of the WIFIA Loan. The WIFIA Debt Service Account shall be subject to Section 4.08 of the Master Resolution; provided that, if at any time the Borrower creates an account separate from the Revenue Fund for the payment of debt service in respect of any other Bond or any SRF Loan (excluding the Reserve Account or any subaccount thereof), the Borrower shall also establish the WIFIA Debt Service Account as a separate account with a bank or trust company, having a combined capital and unimpaired surplus of not less than $50,000,000, authorized to transact commercial banking or savings and loan business in the State, and insured by the Federal Deposit Insurance Corporation, which separate account shall be used solely for the accumulation of monthly deposits of WIFIA Debt Service in accordance with Section 4.04 of the Master Resolution and for payments of WIFIA Debt Service in accordance with the WIFIA Loan Documents. Section 8.Payment of Principal and Interest. (a)Payment of WIFIA Debt Service. (i)During the Interest Only Period, the WIFIA Debt Service payable by the Borrower shall consist of one hundred percent (100%) of the amount of interest then due and payable on the Outstanding WIFIA Loan Balance, and no payment of principal will be due and payable. Such payments shall be made in accordance with Section 8(d) (Payment of Principal and Interest – Manner of Payment). (ii)On each Payment Date occurring after the Interest Only Period, the Borrower shall pay WIFIA Debt Service by making (A) semi-annual payments of interest, on each Interest Payment Date, (B) annual payments of principal, on each Principal Payment Date, and (C) payments of any other amounts on each other date on which payment thereof is required to be made hereunder (including the Final Maturity Date and any other date on which payment is otherwise due); provided, that if any such date is not a Business Day, payment shall be made on the next Business Day following such date. Payments of WIFIA Debt Service shall be made in the amounts and on the Payment Dates as set forth in Exhibit F (WIFIA Debt Service), as the same may be revised pursuant to Section 8(e) (Payment of Principal and Interest – Adjustments to Loan Amortization Schedule). (iii)Notwithstanding anything herein to the contrary, the Outstanding WIFIA Loan Balance and any accrued interest thereon shall be due and payable in full on the Final Maturity Date. (b)\[Reserved\] (c)WIFIA Bond. As evidence of the Borrower’s obligation to repay the WIFIA Loan, the Borrower shall issue and deliver to the WIFIA Lender, on or prior to the Effective Date, 20