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(d) To the extent obligations meeting the requirements of(a) and (b) of this <br /> Section are not available, such proceeds shall be held uninvested in the escrow account, provided <br /> that the Refunding Trustee's Internal rate of return is not greater than 20%, or in cash. <br /> For purposes of this Section, "yield" means that discount rate which, when computing the <br /> present worth of all payments of principal and interest to be paid on the obligations, produce an <br /> amount equal to the purchase price thereof(which shall be a market price), with such calculations <br /> based upon a 360-day year and semiannual compounding. <br /> Section 7. Remission of Funds When Refunded Bonds Paid. At such time as the <br /> Refunding Trustee shall receive evidence satisfactory to it from the City that the Refunded Bonds <br /> have been paid in full, including both the principal thereof and interest thereon, the Refunding <br /> Trustee shall deliver forthwith or remit to the City any Acquired Obligations and moneys held <br /> pursuant to this Agreement in the Advance Refunding Account. <br /> Section 8. Duties and Obligations of the Refunding Trustee. The duties and obligations of <br /> the Refunding Trustee shall be as prescribed by the provisions of this Agreement and the Bond <br /> Ordinance, and the Refunding Trustee shall only be responsible for the performance of its duties <br /> and obligations as so specifically set forth and to act in good faith in the performance thereof, and <br /> no implied duties or obligations shall be incurred by the Refunding Trustee other than those <br /> specified herein. <br /> None of the provisions contained in this Agreement shall require the Refunding Trustee to <br /> use or advance its own funds or otherwise incur financial liability in the performance of any of its <br /> duties or the exercise of any of its rights or powers hereunder. The Refunding Trustee shall be <br /> under no liability for interest on any funds or other property received by it hereunder, except as <br /> herein expressly provided. <br /> The Refunding Trustee may consult with counsel of its choice, and the opinion of such <br /> counsel shall be full and complete authorization and protection in respect of any action taken or <br /> not taken or suffered by it hereunder in good faith and in accordance with the opinion of such <br /> counsel. <br /> A-7 DOT08L.DOC 94/01/19 <br />