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ARTICLE IV <br /> LEASE PAYMENT FUND <br /> Section 4 . 01. Lease Payment Fund. <br /> A. Establishment. The Trustee shall establish a <br /> special trust fund designated as the "Lease Payment Fund, " shall <br /> keep such Lease Payment Fund separate and apart from all other <br /> accounts and moneys held by it, and shall administer such Lease <br /> Payment Fund as provided in this Section and Article VI hereof. <br /> B. Deposits. There shall be deposited in the Lease <br /> Payment Fund all Lease Payments received by the Trustee from the <br /> City under the Lease pursuant to Exhibit B therein. <br /> C. Disbursements. The moneys deposited in the Lease <br /> Payment Fund shall be applied by the Trustee solely for the benefit <br /> of the Owners of the Certificates. The Trustee shall promptly <br /> distribute any Lease Payments in the Lease Payment Fund for payment <br /> to the Owners of the Certificates, pro rata in accordance with <br /> maturities of the principal components of Lease Payments evidenced <br /> by their Certificates and their respective percentages of ownership <br /> interest therein so that payment may be made to said Owners on the <br /> dates and as contemplated by Section 3 . 01 hereof. <br /> The moneys credited to the Lease Payment Fund shall not be <br /> commingled, except for investment purposes pursuant to Section <br /> 4 . 02 , with any other moneys held by the Trustee under this Agree- <br /> ment. Any amounts in the Lease Payment Fund remaining after all <br /> Certificates are fully paid shall be paid to the City after all <br /> fees and expenses of the Trustee have been paid. <br /> Section 4 . 02 . Deposits and Security Therefor. All money <br /> received by the Trustee under this Agreement shall, except as <br /> hereinafter provided, be deposited with the Trustee, until invested <br /> or deposited as provided in this Section 4 . 02 . All deposits with <br /> the Trustee shall be held by it as required by applicable law for <br /> such trust deposits. The Trustee may deposit such money with any <br /> other depositary which is authorized to receive them and is a <br /> qualified public depository under RCW 39. 58, as now or hereafter <br /> amended, subject to supervision by public authorities. All <br /> deposits in any other depositary in excess of the amount insured <br /> by the Federal Deposit Insurance Corporation or similar U.S. <br /> government insurer of deposits shall be deposited with a bank or <br /> trust company having a combined capital and surplus of not less <br /> than $50, 000, 000. <br /> C-14 KR173 92/01/27 <br />