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the generality of the foregoing, the Agency shall comply with the requirements of the Tax <br />Certificate, which is incorporated herein as if fully set forth herein. This covenant shall survive <br />payment in full or defeasance of the Bonds. <br />(b) The Agency agrees that there shall be paid from time to time all amounts required <br />to be rebated to the United States pursuant to Section 148(f) of the Code and any temporary, <br />proposed or final Treasury Regulations as may be applicable to the Tax Exempt Bonds from time <br />to time. <br />(c) The Trustee shall establish and maintain a fund separate from any other fund <br />established and maintained hereunder designated as the Rebate Fund. Notwithstanding any other <br />provision of the Indenture to the contrary, all amounts deposited into or on deposit in the Rebate <br />Fund shall be governed by this Section 6.11 and by the Tax Certificate (which is incorporated <br />herein by reference). The Agency shall cause to be deposited in the Rebate Fund the Rebate <br />Requirement as provided in the Tax Certificate. Subject to the provisions of this Section 6.11, <br />all money at any time deposited in the Rebate Fund shall be held by the Trustee in trust for <br />payment to the federal government of the United States of America from time to time in <br />accordance with the Tax Certificate. The Agency and the Owners shall have no rights in or <br />claim to such money. <br />(d) Upon the written direction of the Agency, the Trustee shall invest all amounts <br />held in the Rebate Fund in Permitted Investments, subject to the restrictions set forth in the Tax <br />Certificate. <br />(e) Upon receipt of the Rebate Instructions required to be delivered to the Trustee by <br />the Tax Certificate, the Trustee shall remit part or all of the balances held in the Rebate Fund to <br />the Trustee for payment to the federal government of the United States of America, as so <br />directed. In addition, if the Rebate Instructions so direct, the Trustee shall deposit moneys into <br />or transfer moneys out of the Rebate Fund from or into such accounts or funds as the Rebate <br />Instructions direct. Any funds remaining in the Rebate Fund after redemption and payment of all <br />of the Tax Exempt Bonds and payment of any required rebate amount, or provision made <br />therrefor satisfactory to the Trustee, shall be withdrawn and remitted to the Agency. <br />(f) The Trustee shall have no obligation to pay any amounts required to be remitted <br />pursuant to this Section 6,11, other than from moneys hold in the funds and accounts created <br />under the Indenture or from other moneys provided to it by the Agency. <br />(g) The Trustee shall conclusively be deemed to have complied with the provisions of <br />this Section 6.11 if it follows the directions of the Agency set forth in the Rebate Instructions, <br />and shall not be required to take any actions thereunder in the absence of Rebate Instructions <br />from the Agency. <br />(h) Notwithstanding any other provision of the Indenture, the obligation of the <br />Agency to remit or cause to be remitted any required rebate arnount to the United States <br />government and to comply with all other requirements of this Section 6.11 and the Tax <br />Certificate shall survive the defeasance or payment in full of the Tax Exempt Bonds. <br />38 <br />3 -56 <br />