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• are not general obligations of the Authority, but are limited <br />obligations payable solely from Pledged Funds. <br />So long as the Credit Facility is in effect with respect <br />to any of the Bonds, all payments of principal of, premium, if any, <br />and interest on the Bonds to the extent such payments are supported <br />by the Credit Facility (whether at Maturity or otherwise) shall be <br />made (except in the case of Pledged Bonds) from draws on the Credit <br />Facility which shall be deposited directly in the LOC Interest Sub- <br />account and the LOC Principal Sub-account of the Sinking Fund or <br />the LOC Redemption Account of the Redemption Fund, as the case may <br />be. Principal of, premium, if any, and interest on Pledged Bonds <br />may be paid from moneys other than moneys available in the LOC <br />Principal Sub-Account, LOC Interest Sub-Account or LOC Redemption <br />Account. The Trustee is hereby directed to draw amounts under the <br />Credit Facility at such times hereinafter set forth and pursuant <br />to draw requests submitted at such times so as to assure that <br />moneys will be available to make when due all payments of <br />principal, interest and premium on the Bonds prior to the <br />Conversion Date for such Bonds, other than Pledged Bonds. <br />Section 402. Sinking Fund. (a) The Authority shall <br />establish with the Trustee and maintain so long as any of the Bonds <br />are outstanding a separate fund to be known as the South Bend <br />Redevelopment Authority College Football Hall of Fame Sinking Fund <br />(the "Sinking Fund"). The Trustee shall also establish two <br />• separate accounts within the Sinking Fund to be known as the South <br />Bend Redevelopment Authority College Football Hall of Fame <br />Principal and Interest Account (the "Principal and Interest <br />Account") and the South Bend Redevelopment Authority College <br />Football Hall of Fame Capitalized Interest Account (the <br />"Capitalized Interest Account"). Within the Principal and Interest <br />Account, the Trustee shall establish two sub-accounts to be known <br />as the LOC Principal Sub-Account and the LOC Interest Sub-account. <br />A deposit shall be made to the Capitalized Interest Account as <br />required by Section 301(b) hereof. The Trustee shall deposit in <br />such Principal and Interest Account each rental payment received <br />by the Trustee pursuant to the Lease including any proceeds of <br />rental value.insurance which represents lease rental payments under <br />the Lease. Upon receipt of each succeeding rental payment, any <br />portion of the prior rental payment remaining after such deposit <br />shall be deposited by the Trustee into the Operation and Reserve <br />Fund. <br />(b) Except as provided in this Section, in Section 411, <br />907, 1002 hereof, moneys in the Sinking Fund shall be used solely <br />for the payment of interest on the Bonds when due and payment of <br />principal of the Bonds as the same shall become due and payable at <br />Maturity (or to reimburse the Credit Facility Issuer for a drawing <br />on the Credit Facility to make such payments). The Trustee shall <br />at all times maintain accurate records of deposits into the Sinking <br />31 <br />