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Section 5.04 Bond Fund......................................................................................................................... 34
Section 5.05 Investment of Special Funds. ............................................................................................ 35
Section 5.06 Money to Be Held in Trust. .............................................................................................. 36
Section 5.07 Nonpresentment of Bonds................................................................................................. 36
Section 5.08 Repayment to the Borrower from the Bond Fund............................................................. 37
Section 5.09 Rebate Fund. ..................................................................................................................... 37
Section 5.10 Valuation........................................................................................................................... 38
Section 5.11 Completion of the Project. ................................................................................................ 38
Section 5.12 Collateral Fund. ................................................................................................................ 38
Section 5.13 Costs of Issuance Fund. .................................................................................................... 38
Section 5.14 Allocation and Reallocation of Eligible Investments Deposited to the
Collateral Fund and the Project Fund. .............................................................................. 39
ARTICLE VI
THE TRUSTEE, REGISTRAR, PAYING AGENTS AND AUTHENTICATING AGENTS
Section 6.01 Trustee鈥檚 Acceptance and Responsibilities. ...................................................................... 39
Section 6.02 Certain Rights and Obligations of the Trustee. ................................................................. 40
Section 6.03 Fees, Charges and Expenses of Trustee, Registrar, Paying Agents and
Authenticating Agents. ..................................................................................................... 43
Section 6.04 Intervention by Trustee. .................................................................................................... 44
Section 6.05 Successor Trustee. ............................................................................................................ 44
Section 6.06 Appointment of Co-Trustee. ............................................................................................. 44
Section 6.07 Resignation by the Trustee................................................................................................ 45
Section 6.08 Removal of the Trustee. .................................................................................................... 45
Section 6.09 Appointment of Successor Trustee. .................................................................................. 46
Section 6.10 Adoption of Authentication. ............................................................................................. 46
Section 6.11 Registrars. ......................................................................................................................... 47
Section 6.12 Designation and Succession of Paying Agents. ................................................................ 48
Section 6.13 Designation and Succession of Authenticating Agents. ................................................... 48
Section 6.14 Dealing in Bonds. ............................................................................................................. 49
Section 6.15 Representations, Agreement and Covenants of Trustee. .................................................. 49
Section 6.16 [Reserved]. ........................................................................................................................ 49
Section 6.17 Interpleader. ...................................................................................................................... 49
Section 6.18 Survival of Certain Provisions. ......................................................................................... 50
Section 6.19 Concerning the Remarketing Agent.................................................................................. 50
Section 6.20 Qualification of Remarketing Agent................................................................................. 50
Section 6.21 Notices to Rating Agency and Remarketing Notice Parties. ............................................ 51
Section 6.22 Requests from Rating Agency. ......................................................................................... 51
ARTICLE VII
DEFAULT PROVISIONS AND REMEDIES OF TRUSTEE AND HOLDERS
Section 7.01 Defaults; Events of Default............................................................................................... 51
Section 7.02 Notice of Default. ............................................................................................................. 52
Section 7.03 Acceleration. ..................................................................................................................... 52
Section 7.04 Other Remedies; Rights of Holders. ................................................................................. 53
Section 7.05 Right of Holders to Direct Proceedings. ........................................................................... 54
Section 7.06 Application of Money. ...................................................................................................... 54
Section 7.07 Remedies Vested in Trustee.............................................................................................. 55
Section 7.08 Rights and Remedies of Holders....................................................................................... 55
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