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31 <br /> (f) The Trustee must apply Net Proceeds deposited in the Redemption <br /> Account pursuant to Section 5.16 of the Prior Agreement to the redemption of <br /> Bonds pursuant to Section 2.01(a) of the Prior Agreement or Section 2.01 of this <br /> Supplemental Agreement as directed by a County Representative. <br /> Section 3.05. Use of Net Proceeds Fund from Prior Agreement. The <br /> Trustee is to maintain and administer the Net Proceeds Fund established under the <br /> Prior Agreement to the same effect and purpose as provided in the Prior Agreement <br /> with respect to the 2023 Bonds as to the 2021 Bonds and all Bonds generally. <br /> Section 3.06. Restricted Yield Investment. Not later than June 1, 2026, the <br /> County shall (a) invest any "Covered Proceeds," as defined below, that the County <br /> holds, and (b) direct the Trustee to invest any Covered Proceeds the Trustee holds, <br /> in either case in Legal Investments at or below a "Restricted Yield," as defined <br /> below, as the County may specify from time to time. It is the County's responsibility, <br /> and not the Trustee's, to identify and maintain investments as required by this <br /> Section. <br /> The "Covered Proceeds" are any amounts on deposit in any Fund or Account <br /> under the Trust Agreement that represent proceeds of the 2023 Bonds, including <br /> proceeds from the investment of the 2023 Bond proceeds or proceeds from the sale <br /> or other disposition of property acquired or improved through the proceeds of the <br /> 2023 Bonds (including insurance proceeds), <br /> A "Restricted Yield" means a "yield," within the meaning of Treas. Regs. Secs. <br /> 1.103-13(c), -13(d), 1.148-9T(a), or any successor or other provision that may be <br /> applicable, not in excess of a "yield" equal to %, which is the "yield" on the <br /> 2023 Bonds. <br /> ARTICLE IV <br /> OTHER MODIFIED TERMS <br /> Section 4.01. Financial Information to Lender. The County will send to the <br /> Lender a copy of the County's audited financial statements for each Fiscal Year within <br /> 30 days of the County's acceptance of the statements, but in any event within 210 days <br /> of the completion of each Fiscal Year. The County will send to the Lender a copy of the <br /> 13 <br />