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13068670v2 <br /> <br />Table of Contents <br />(continued) <br />Page <br /> <br /> ii <br /> <br />Section 4.02 Establishment of Project Fund ........................................................... 25 <br />Section 4.03 Reserved ............................................................................................. 25 <br />Section 4.04 Project Costs Defined ........................................................................ 25 <br />Section 4.05 Payments from Project Fund .............................................................. 26 <br />ARTICLE V DISPOSITION OF PLEDGED REVENUES ................................................ 28 <br />Section 5.01 Bond Fund .......................................................................................... 28 <br />Section 5.02 Optional Redemption Fund ................................................................ 28 <br />Section 5.03 Reserve Fund ..................................................................................... 29 <br />Section 5.04 Investment of Funds ........................................................................... 30 <br />Section 5.05 Compliance with Arbitrage Restrictions; Rebate Requirements ....... 32 <br />ARTICLE VI PARTICULAR COVENANTS OF THE ISSUER........................................ 33 <br />Section 6.01 Payment of Bonds .............................................................................. 33 <br />Section 6.02 Authorized Issuer Representative ...................................................... 33 <br />Section 6.03 Authority of the Issuer ....................................................................... 33 <br />Section 6.04 Concerning the Loan Agreement ....................................................... 33 <br />Section 6.05 To Observe All Covenants and Terms – Limitations on Issuer’s <br />Obligations ......................................................................................... 33 <br />ARTICLE VII REMEDIES ON DEFAULT.......................................................................... 35 <br />Section 7.01 Events of Default ............................................................................... 35 <br />Section 7.02 Acceleration of Maturity .................................................................... 35 <br />Section 7.03 Enforcement of Covenants and Conditions ....................................... 35 <br />Section 7.04 Appointment of Receivers ................................................................. 36 <br />Section 7.05 Application of Moneys ...................................................................... 36 <br />Section 7.06 Right of Trustee to Act Without Possession of Bonds ...................... 37 <br />Section 7.07 Power of Majority of Bondholders .................................................... 38 <br />Section 7.08 Limitation on Suits by Bondholders .................................................. 38 <br />Section 7.09 Waiver by Bondholders ..................................................................... 38 <br />Section 7.10 Remedies Cumulative, Delay Not To Constitute Waiver .................. 39 <br />Section 7.11 Restoration of Rights Upon Discontinuance of Proceedings ............. 39 <br />ARTICLE VIII CONCERNING THE TRUSTEE .................................................................. 40