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~ (_ y~ <br />delivery of the Bonds, as the same may be amended or <br />supplemented. <br />(n) Operation and Reserve Fund" means the Operation <br />and Reserve Fund created-and established by Section 3.03. <br />(o) "Pledged Funds" means (i) the proceeds from the <br />sale of the Bonds; (ii) the rentals to be received under the <br />Lease; and (iii) all moneys and securities from time to time held <br />by the Trustee under the terms of this Agreement (except moneys <br />or securities held in accounts to pay for Bonds called for <br />redemption or with respect to which irrevocable instructions to <br />redeem have been given to the Trustee), including without <br />limitation the moneys held in trust funds, other than moneys set <br />apart and transferred to the Rebate Fund. <br />(p) "Qualified Securities" means investments in: <br />(i) Government Obligations; (ii) certificates of deposit issued <br />by banks and mutual savings banks incorporated under the laws of <br />the State of Indiana and in national banking associations having <br />their principal banking offices in the State of Indiana, <br />including the Trustee, provided such certificates of deposit do <br />not exceed in the aggregate ten percent (10%) of the combined <br />capital, surplus and undivided profits of any such bank or <br />association and that each such bank or association has a combined <br />capital and surplus of at least $25,000,000; and .provided further <br />that such certificates of deposit are insured by the Federal <br />Deposit Insurance Authority or the Federal Savings and Loan <br />Insurance Authority or, to the extent not so insured, <br />collateralized by interest-bearing obligations described in <br />clause (i) above in which the Trustee has a perfected security <br />interest; or (iii) repurchase agreements, entered into with banks <br />and mutual savings banks incorporated under the laws of the State <br />of Indiana and in national banking associations having their <br />principal banking offices in the State of Indiana, including the <br />Trustee, that are fully collateralized by interest-bearing <br />.obligations described in clause (i) above based upon the market <br />value of such obligations on the day such agreement becomes <br />effective, in which the Trustee has a perfected security <br />interest. <br />(q) "Rebate Fund" means the fund created and <br />established by Section 3.04. <br />(r) "Redemption price," with respect to the Bonds <br />outstanding under .this Agreement, means the price at which the <br />Bonds. are redeemable as set forth in Article IV of this <br />Agreement. <br />(s) "Sinking Fund" means the Sinking Fund created and <br />established by Section 3.02. <br />(t) "Trustee" means and includes not only the Trustee <br />but also its successor or successors in trust.. <br />C~ <br />-4- <br />