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In preparing such notices, the Trustee will take into account, to the extent <br />applicable, any regulatory statement of any Federal or state administrative body <br />ha~Ting jurisdiction over the tax-exempt securities industry, including, without <br />limitation, Release No. 34-23856 of the Securities and Exchange Commission or <br />any subsequent amending or superseding release. <br />Section 3.04. Certificates Payable on Prepayment Date; Interest Ceases <br />To Accrue. If on or before the date fixed for prepayment funds are deposited ~~Tith <br />the Trustee to pay the principal, premium, if any, and interest accrued to the <br />prepayment date with respect to the Certificates called for prepayment, the <br />Certificates or portions thereof thus called for prepayment will cease to accrue <br />interest from and after the prepayment date, will no longer be entitled to the <br />benefits pro~Tided by this Agreement and will not be deemed to be Outstanding <br />under this Agreement. <br />Section 3.05. Mandatory Sinking Fund Prepayment. The Trustee, from <br />amounts received from or on behalf of the County, will prepay 2006A Certificates <br />maturing on April 1, 2026, on April l in }Tears and amounts upon payment of 100% <br />of the principal amount thereof plus interest accrued to the prepayment date as <br />follows: <br />Year Amount <br />2024 <br />2025 <br />2026 <br />Notwithstanding the foregoing, on or before the 70th day next preceding any <br />sinking field payment date, the County may do any or all of the follov~Ting: <br />{1) pay to the Trustee for deposit in the PrepayTment Account such amount <br />as the County may determine, accompanied by a certificate signed by a <br />County Representative directing the Trustee to apply such amount to the <br />purchase of Certificates required to the prepaid on such sinking fund <br />payment date; the Trustee must thereupon use all reasonable efforts to <br />expend the greatest portion of such funds as may be practicable iri the <br />purchase of such Certificates at a price not exceeding the principal amount <br />thereof plus accrued interest to the purchase date; or <br />(2) deliver to the Trustee for cancellation Term Certificates required to be <br />prepaid on such sinking fund payment date in any aggregate principal <br />amount desired, or <br />J3862v2 13 <br />