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12-13-2021 FINAL Packet
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12-13-2021 FINAL Packet
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<br />51 <br />the applicable redemption premium, if any, on said Bonds, plus interest thereon to the due date <br />thereof; or (b) the maturity of such Bonds. <br />All moneys so deposited with the Trustee as provided in this Section 10.2 may also be <br />invested and reinvested, at the written direction of the Issuer, in Governmental Obligations, <br />maturing in the amounts and at the times as hereinbefore set forth, and all income from all <br />Governmental Obligations in the hands of the Trustee pursuant to this Section 10.2 which is not <br />required for the payment of principal of the Bonds and interest and premium, if any, thereon with <br />respect to which such moneys shall have been so deposited shall be deposited in the Bond Fund as <br />and when realized and collected for use and application as are other moneys deposited in the Bond <br />Fund. <br />Notwithstanding any provision of any other Article of this Indenture which may be contrary <br />to the provisions of this Section 10.2, all moneys or Governmental Obligations set aside and held <br />in trust pursuant to the provisions of this Section 10.2 for the payment of Bonds (including <br />premium thereon, if any) shall be applied to and used solely for the payment of the particular <br />Bonds (including the premium thereon, if any) with respect to which such moneys or <br />Governmental Obligations have been so set aside in trust. <br />Anything in Article 9 hereof to the contrary notwithstanding, if moneys or Governmental <br />Obligations have been deposited or set aside with the Trustee pursuant to this Section 10.2 for the <br />payment of Bonds and such Bonds shall not have in fact been actually paid in full, no amendment <br />to the provisions of this Section 10.2 shall be made without the consent of the Owner of each Bond <br />affected thereby. <br />The right to register the transfer of or to exchange Bonds shall survive the discharge of this <br />Indenture. <br />Section 10.3 Application of Trust Money. All money or investments deposited with or <br />held by the Trustee pursuant to Section 10.1 or Section 10.2 shall be held in trust for the holders <br />of the Bonds, and applied by it, in accordance with the provisions of the Bonds and this Indenture, <br />to the payment, either directly or through the Trustee, to the persons entitled thereto, of the <br />principal and interest for whose payment such money has been deposited with the Trustee; but <br />such money or obligations need not be segregated from other funds except to the extent required <br />by law. <br />Section 10.4 Consents, etc., of Bondholders. Any consent, request, direction, approval, <br />objection or other instrument required by this Indenture to be executed by the Bondholders may <br />be in any number of concurrent writings of similar tenor and may be executed by such Bondholders <br />in person or by agent appointed in writing. Provided, however, that wherever this Indenture <br />requires that any such consent or other action be taken by the holders of a specified percentage, <br />fraction or majority of the Bonds outstanding, any such Bonds held by or for the account of the <br />Issuer shall not be deemed to be outstanding hereunder for the purpose of determining whether <br />such requirement has been met. Proof of the execution of any such consent, request, direction, <br />approval, objection or other instrument or of the writing appointing any such agent and of the <br />ownership of Bonds, if made in the following manner, shall be sufficient for any of the purposes <br />of this Indenture, and shall be conclusive in favor of the Trustee with regard to any action taken <br />under such request or other instrument, namely:
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