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135242345v3 <br /> <br /> <br />30 <br />Section 4.03 Application of Revenues. <br />(a) All Revenues received by Fiscal Agent shall be deposited by Fiscal Agent, <br />promptly upon receipt thereof, to the Revenue Fund, except for each of the following: <br />(i) Proceeds of the Funding Loan received by Fiscal Agent pursuant to <br />Section 2.01(b), which shall be applied in accordance with the provisions of Section <br />2.11 hereof. <br />(ii) Deposits into the Loan Prepayment Fund as required under <br />subsection (c) of this Section 4.03. <br />(iii) Investment Income to the extent required under the terms hereof to <br />be retained in the funds and accounts to which they are attributable. <br />(iv) Amounts required to be transferred between funds and accounts as <br />provided in this Article IV. <br />(b) Subject to Section 2.12 hereof, on each Funding Loan Payment Date or any <br />other date on which payment of principal of or interest on the Funding Loan becomes due <br />and payable, Fiscal Agent, out of money in the Revenue Fund, shall credit the following <br />amounts to the following funds, but in the order and within the limitations hereinafter <br />indicated with respect thereto, as follows: <br />FIRST, to the Loan Payment Fund, an amount equal to the principal of and interest <br />due on the Funding Loan on such date (including scheduled principal pursuant to the <br />Funding Loan Amortization Schedule); and <br />SECOND, to the Loan Prepayment Fund, an amount equal to the principal and <br />interest due on the Funding Loan on such date with respect to a mandatory prepayment of <br />all or a portion of the Funding Loan pursuant to Section 3.01(b) hereof (other than any <br />extraordinary mandatory prepayment as described in Section 4.03(c)(i) or (iii) below). <br />(c) Promptly upon receipt, Fiscal Agent shall deposit each of the following <br />directly into the Loan Prepayment Fund: <br />(i) Net Proceeds representing casualty insurance proceeds or <br />condemnation awards paid as a prepayment of the Project Loan, such amount to be <br />applied to provide for the extraordinary mandatory prepayment of all or a portion <br />of the Funding Loan pursuant to Section 3.01(b)(i) hereof. <br />(ii) Funds paid to Fiscal Agent to be applied to the optional prepayment <br />of all or a portion of the Funding Loan pursuant to Section 3.01(a). <br />(iii) Amounts transferred to the Loan Prepayment Fund from the Project <br />Loan Fund pursuant to Section 4.02(e) hereof.