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determination is made by the courts as to whether the Bondholders must <br /> disgorge this last payment made on the Bonds prior to the filing of the <br /> bankruptcy petition as a voidable Preference payment or until an opinion <br /> of counsel satisfactory to the Trustee is rendered to the effect that all <br /> applicable statutes of limitation relating to Section 547 of the Bankrupt- <br /> cy Code have expired without any suit or other proceeding to recover said <br /> payments having been filed. If a court determines that the holders of the <br /> Bonds and/or coupons must return such payments, the Trustee is required to <br /> apply the Letter of Credit proceeds in such escrow account to make payment <br /> to the bankruptcy Trustee or otherwise in accordance with such court order <br /> for the account of such Bondholders and/or coupon holders with respect <br /> thereto or if such direct payment is not possible or will not discharge <br /> all liability of such Bondholders and/or coupon holders then the Trustee <br /> shall use such moneys to reimburse such Bondholders and/or coupon holders <br /> for any such payments required to be returned on a pro rata basis. <br /> 16 <br />