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1 ' <br /> Exhibit A <br /> Financial Guaranty Insurance <br /> Company jr <br /> 115 Broadway <br /> New York, NY 10006 <br /> (212)312-3000 <br /> (800)352-0001 <br /> A GE Capital Company <br /> Municipal Bond <br /> New Issue Insurance Policy <br /> Issuer: Policy Number: <br /> Control tuber: 0010001 <br /> Bonds: <br /> Financial Guaranty Insurance Company ("Fin tGGu a New York stock insurance company, in <br /> consideration of the payment of the premiu a u ect to the terms of this Policy,hereby unconditionally and <br /> irrevocably agrees to pay to State Strea k and Trust Company, N.A., or its successor, as its agent (the <br /> "Fiscal Agent"), for the benefit of Bondho rs,that portion of the principal and interest on the above-described <br /> debt obligations (the "Bonds") which shall become Due for Payment but shall be unpaid by reason of <br /> Nonpayment by the Issuer. <br /> Financial Guaranty will make such payments to the Fiscal Agent on the date such principal or interest becomes <br /> Due for Payment or on the Business Day next following the day on which Financial Guaranty shall have <br /> received Notice of Nonpayment, whichever is later. The Fiscal Agent will disburse to the Bondholder the face <br /> amount of principal and interest which is then Due for Payment but is unpaid by reason of Nonpayment by the <br /> Issuer but only upon receipt by the Fiscal Agent, in form reasonably satisfactory to it, of(i) evidence of the <br /> Bondholder's right to receive payment of the principal or interest Due for Payment and (ii)evidence, including <br /> any appropriate instruments of assignment, that all of the Bondholder's rights to payment of such principal or <br /> interest Due for Payment shall thereupon vest in Financial Guaranty. Upon such disbursement, Financial <br /> Guaranty shall become the owner of the Bond, appurtenant coupon or right to payment of principal or interest <br /> on such Bond and shall be fully subrogated to all of the Bondholder's rights thereunder, including the <br /> Bondholder's right to payment thereof. <br /> This Policy is non-cancellable for any reason. The premium on this Policy is not refundable for any reason, <br /> including the payment of the Bonds prior to their maturity. This Policy does not insure against loss of any <br /> prepayment premium which may at any time be payable with respect to any Bond. <br /> As used herein, the term "Bondholder"means, as to a particular Bond, the person other than the Issuer who, at <br /> the time of Nonpayment, is entitled under the terms of such Bond to payment thereof. "Due for Payment" <br /> means,when referring to the principal of a Bond,the stated maturity date thereof or the date on which the same <br /> shall have been duly called for mandatory sinking fund redemption and does not refer to any earlier date on <br /> which payment is due by reason of call for redemption (other than by mandatory sinking fund redemption), <br /> acceleration or other advancement of maturity and means,when referring to interest on a Bond, the stated date <br /> FGIC is a registered service mark used by Financial Guaranty Insurance Company under license from its parent company,FGIC Corporation. <br /> Form 9000(10/93) Page 1 of 2 <br />