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The Trustee shall deposit into the Letter of Credit Fund <br /> when and as received the amount paid to the Trustee pursuant to <br /> the Letter of Credit. If the Letter of Credit is drawn on due <br /> to the filing of a bankruptcy petition or the initiation of <br /> similar proceedings against the Borrower as described in <br /> subparagraph (b) of Section 9. 04 of the Indenture, a sum of <br /> money equal to the aggregate amount of money paid to the Trustee <br /> as Bond Service Charges on the Notes during the 91 days prior to <br /> such filing or initiation and paid to Bondholder as Bond Service <br /> Charges on the Bond shall be deposited by the Trustee into an <br /> account created within the Letter of Credit Fund by the Trustee <br /> and designated as the "Bankruptcy Reimbursement Account. " <br /> All moneys received by the Trustee as a result of the <br /> presentation of a draft to Letter of Credit Bank pursuant to the <br /> Letter of Credit shall be deposited in the Letter of Credit <br /> Fund. The moneys in the Letter of Credit Fund, other than <br /> moneys deposited into the Bankruptcy Reimbursement Account shall <br /> be applied to the payment of the Bond Service Charges then due <br /> and unpaid on the Bond, without preference or priority of <br /> principal over interest or of interest over principal, or of. any <br /> installment of interest over any other installment of interest, <br /> or of any Bond over any other Bond, ratably, according to the <br /> amounts due respectively for principal and interest, to the <br /> persons entitled thereto without any discrimination or <br /> privilege. <br /> Moneys deposited into the Bankruptcy Reimbursement Account <br /> shall be used to pay to each Bondholder or former Bondholder the <br /> aggregate amount of Bond Service Charges which such Bondholder <br /> has repaid to the Borrower or its Trustee in bankruptcy or <br /> creditors or others due to a final, unappealable order of a <br /> bankruptcy court or other court of competent jurisdiction <br /> holding that such payments of Bond Service Charges on the Bond <br /> were "preferential payments" under the U.S. Bankruptcy Code or <br /> anv state insolvency law. <br /> After any applicable bankruptcy or insolvency proceedinq is <br /> closed or dismissed by a court of competent jurisdiction and not <br /> subject to appeal, any remaining balance in the Bankruptcy <br /> Reimbursement Account shall be available for payment of Bond <br /> Service Charges due and unpaid on the Bond and, after payment of <br /> such amounts , any remaining balance in the Letter of Credit Fund <br /> shal� be paid to National Bank of Joliet. <br /> Section 1� . Covenants of Issuer. In addition to other <br /> covenants of the Issuer in the Bond Legislation and the <br /> Indenture , the Issuer further covenants and agrees as follows: <br /> (a) Payment of Bor.d Service Charges . The Issuer wi11, <br /> solely from the sources herein provided, pay or cause <br /> to be paid the Bond Service Charges on the Bond on the <br /> dates , at the places and in the manner provided herein <br /> ar.d in the Bond. <br /> 16 <br />