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Fund will contain the Lease rentals as they are paid by the Commission which Lease Rentals, <br />together with interest earnings thereon, will be sufficient to pay when due the principal of and <br />interest on the Note. <br />(b) The Commission will deposit, or cause to be deposited, the Lease rentals in <br />accordance with the schedule set out in Exhibit A, which amounts will be sufficient, together with <br />interest earnings in the Escrow Fund, as further described below, to make the principal and interest <br />payment on the Note in accordance with the schedule set out in Exhibit B. <br />Section 4. Use and Investment of Funds. <br />(a) The Escrow Trustee agrees: <br />(i) To hold the funds described in Section 3(b) in escrow in the Escrow <br />Fund during the term of this Agreement; and <br />(ii) To apply immediately any deposits to the purchase of the <br />Governmental Obligations; and <br />(iii) To deposit in the Escrow Fund, as received, all payments of principal <br />of and interest on the Governmental Obligations. <br />(iv) To provide written notice to the Commission of the balance in the <br />Escrow Fund and an estimate of earnings on such balance through July 25`h no later than July <br />15` of each year. <br />Ark (v) To pay the principal and interest on the Note to the Fiscal Agent at <br />such time and in such amount as set out at Exhibit B. Said payments shall be by wire <br />transfer in accordance with the instructions set out at Exhibit C. <br />-5- <br />::ODMA\PCDOCS \SBDOCS i \37351 \ 1 <br />