No Replacement. No portion of the amounts received from the sale of the Bond will be used as a substitute for any other funds that would otherwise be used as a source of financing for any portion of the cost of the Project or that will be used to acquire, directly or indirectly, obligations producing a yield in excess of the Bond Yield.
Appears in 2 contracts
Sources: Tax Certificate and Regulatory Agreement (Intracel Corp), Tax Certificate and Regulatory Agreement (Intracel Corp)