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43 <br /> ARTICLE V <br /> REVENUE FUND; BOND FUND, MAINTENANCE RESERVE FUND; REBATE FUND <br /> Section 5.01 Revenue Fund. The Corporation shall deposit or cause to be deposited in the <br /> Revenue Fund all Revenues as they are received. Moneys deposited will be withdrawn by the Trustee <br /> and applied as follows: <br /> FIRST: As the cash portion of Revenues is received in each month, to the Operating and <br /> Maintenance Fund (i) an amount such that the aggregate amount deposited therein each month <br /> equals 1/12th of the Operating Expenses shown in the Operating Budget for the current Fiscal <br /> Year plus (ii) all amounts due under (i) in preceding months that were not transferred because <br /> of an insufficiency in the Revenues therefor; <br /> SECOND: On or before the 15th day of each month, to the Paying Agent for deposit in <br /> the Bond Fund, an amount (after taking into consideration transfers from the Construction Fund <br /> for capitalized interest, if any, and earnings on amounts then on deposit in the Bond Fund), equal <br /> to (i) 1/6th of the interest due on the Bonds on the next Interest Payment Date, (ii) all amounts <br /> due as to interest on the Bonds on the 15th day of any preceding month or months which have <br /> not otherwise been credited to the Bond, (iii) 1/12th of the principal coming due on the Bonds <br /> on the next succeeding Bond Payment Date, and(iv) all amounts due as to principal on the Bonds <br /> on the 15th day of any preceding month or months which have not otherwise been credited to the <br /> Bond Fund; <br /> THIRD: On or before the 15th day of each month, to the Reserve Fund, an amount equal <br /> to the aggregate sum of all unreplenished withdrawals from the Reserve Fund to pay the principal <br /> of or interest on the Bonds; <br /> FOURTH: On or before the 15th day of each month, to the Maintenance Reserve Fund, <br /> any amount remaining in the Revenue Fund after the transfers described in FIRST through <br /> THIRD above. <br /> Section 5.02. Bond Fund. There will be deposited in the Bond Fund any amounts required to <br /> be deposited therein pursuant to this Indenture and any other amount available therefor and designated <br /> by the Corporation to be deposited therein. The interest on the Bonds until maturity shall be paid by the <br /> Paying Agent from the Bond Fund. At the maturity or redemption of any of the Bonds and after all <br /> interest then due on the Bonds is paid the Bond Fund shall be applied to the payment of the principal, <br /> and premium, if any, of the Bonds. If on any Interest Payment Date or Bond Payment Date there is a <br /> deficiency in the Bond Fund, the amount of such deficiency will be made up from the following Funds <br /> and in the order of priority set forth below: (i) Revenue Fund; (ii) Reserve Fund; (iii) Operating and <br /> Maintenance Fund; and (iv) Maintenance Reserve Fund. <br /> Section 5.03. Maintenance Reserve Fund. There will be deposited in the Maintenance Reserve <br /> Fund any amounts required to be deposited therein pursuant to this Indenture and any other amount <br /> available therefor and designated by the Corporation to be deposited therein. Moneys on deposit in the <br /> Maintenance Reserve Fund shall be disbursed by the Corporation Representative (i) to pay the cost of <br /> replacement, repair, reconstruction or restoration of the Project, (ii)to the extent that the Revenue Fund <br /> is insufficient in any Bond Year, <br /> to meet Y of <br /> the obligations set t fo <br /> rth in Section 5.01 or extent that the amount therein exceeds the amount required under Section 5.01 on the fifteenth)day of <br /> each month, as a deposit to the Operating and Maintenance Fund or the Bond Fund. <br /> 21 <br />