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The " Covered Proceeds " are any amounts on deposit in any Fund or Account <br /> under the Trust Agreement that represent proceeds of the 2024 Bonds , including <br /> proceeds from the investment of the 2024 Bond proceeds or proceeds from the sale <br /> or other disposition of property acquired or improved through the proceeds of the <br /> 2024 Bonds (including insurance proceeds ) . <br /> A " Restricted Yield " means a " yield, " within the meaning of Treas . Regs . Secs . <br /> 1 . 10343 ( c) , 43 ( d) , 1 . 148 � 9T ( a) , or any successor or other provision that may be <br /> applicable, not in excess of the "yield " on the 2024 Bonds , which is approximately <br /> equal to 3 . 4772 % . <br /> ARTICLE IV <br /> COUNTY' S UNDERTAKING FOR CONTINUING DISCLOSURE . <br /> The County undertakes , for the benefit of the beneficial owners of the 2024 <br /> Bonds , to provide the following items and information to the MSRB . <br /> (a) by not later than seven months from the end of each of the County ' s <br /> Fiscal Years , beginning with the Fiscal Year that ends June 30 , 2024, audited County <br /> financial statements for such fiscal year, if available , prepared in accordance with <br /> Section 159 - 34 of the General Statutes of North Carolina, as it may be amended from <br /> time to time, or any successor statute , or, if such audited financial statements are <br /> not available by seven months from the end of any fiscal year, unaudited County <br /> financial statements for such fiscal year, to be replaced subsequently by audited <br /> County financial statements to be delivered within 15 days after such audited <br /> financial statements become available for distribution , <br /> (b ) by not later than seven months from the end of each of the County' s <br /> Fiscal Years , beginning with the Fiscal Year that ends June 30 , 2024, the financial <br /> and statistical data as of a date not earlier than the end of the preceding fiscal year <br /> (which data will be prepared at least annually, will specify the date as to which such <br /> information was prepared and will be delivered with any subsequent material <br /> events notices specified in subparagraph ( c) below) for the type of information <br /> included in Appendix A to the final Official Statement relating to the 2024 Bonds <br /> under the captions " THE COUNTY � DEBT INFORMATION " and " — TAX <br /> 17 <br />