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42 <br /> The Trustee must then transfer the required amounts to those Accounts from any <br /> amounts as may be available in the 2024 Redemption Account. <br /> If the amount on deposit in the 2024 Interest Account on any Payment Date <br /> exceeds the amount payable on account of interest on the 2024 Bonds on that date, <br /> the Trustee must, as directed by a County Certificate, retain the excess in the 2024 <br /> Interest Account or transfer the excess to the 2024 Principal Account to be credited <br /> against subsequent required deposits to the 2024 Principal Account. In the absence <br /> of any direction from the County, the Trustee will retain the excess in the 2024 <br /> Interest Account. <br /> If the amount on deposit in the 2024 Principal Account on any October 1 <br /> exceeds the amount required on that date to pay principal of 2024 Bonds coming <br /> due on that date, then the Trustee must, as directed by a County Certificate, retain <br /> the excess in the 2024 Principal Account or transfer the excess to the 2024 Interest <br /> Account to be credited against subsequent required deposits to the 2024 Interest <br /> Account. In the absence of any direction from the County, the Trustee will transfer <br /> the excess to the 2024 Interest Account. <br /> (e) The Trustee must deposit in the 2024 Redemption Account all amounts <br /> paid to it for deposit in that Account, and must use those amounts within 12 months <br /> of their deposit to pay 2024 Bonds called for redemption on their redemption dates. <br /> The Trustee must transfer any amounts not so used within 12 months of their <br /> deposit in the 2024 Redemption Account to the 2024 Interest Account for use on the <br /> next Payment Date to pay interest on the 2024 Bonds, and pending that use or in the <br /> absence of direction must invest those funds in Legal Investments identified in <br /> Section 3.06(b). <br /> Subject to retaining moneys necessary to pay 2024 Bonds that have been <br /> called for redemption but not yet presented for payment, the Trustee must use <br /> amounts in the 2024 Redemption Account as directed by a County Certificate to <br /> make transfers to the 2024 Interest Account or the 2024 Principal Account to the <br /> extent the balances in those Accounts may be insufficient. <br /> (f) The Trustee must apply Net Proceeds deposited in the Redemption <br /> Account pursuant to Section 5.16 of the 2021 Agreement to the redemption of <br /> Bonds pursuant to the Trust Agreement as directed by a County Representative. <br /> 13 <br />