2001-072 - Laserfiche WebLink

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r � replenishment of any such cash amounts. Draws on all alternative credit instruments on which there is available coverage shall be made on a pro rata basis (calculated by reference to coverage then available under each such alternative credit instrument) after applying available cash and investments in the reserve fund. Repayment of Policy Costs and reimbursement of amounts with respect to alternative credit instruments shall be made on a pro rata basis (calculated by reference to the coverage then available under each such alternative credit instrument) prior to replenishment of any cash draws on the reserve fund. 9. The Authorizing Document shall not be modified or amended without the prior written consent of the Insurer. 10. The Authorizing Document shall not be discharged until all Policy Costs owing to Financial Guaranty shall have been paid in full. 11. As security for the Issuer's repayment obligations with respect to the Reserve Policy, to the extent that the Authorizing Document pledges or grants a security interest in any revenues or collateral of the Issuer (or other obligor) as security for the Bonds, the Issuer hereby pledges and grants a security interest in all such revenues and collateral, subordinate only to that of the Bondholders. The Issuer shall evidence the Insurer's pledge or security interest by the filing of appropriate Uniform Commercial Code financing and continuation statements. 12. The rate covenant and the additional bonds test (in each case, if applicable) in the Authorizing Document shall be calculated with at least one times coverage of the Issuer's obligations with respect to repayment of Policy Costs then due and owing. Furthermore, no additional bonds may be issued under the Authorizing Document without the Insurer's prior written consent if any Policy Costs are past due and owing to the Insurer. 13. The Issuer shall provide Financial Guaranty with the following information: (a) Budget for each year and annual audited financial statements, within 180 days after the end of its fiscal year. (b) Official statement or similar disclosure document, if any, prepared in connection with the issuance of additional debt. (c) Notice of the redemption, other than mandatory sinking fund redemption, of any of the Bonds. (d) Such additional information as Financial Guaranty may reasonably request from time to time. 14. Notices to the Insurer shall be sent to the following address (or such other address as the Insurer may designate in writing): Financial Guaranty Insurance Company, 115 Broadway, New York, New York 10006, Attention: Risk Management. 15. This Agreement may be executed in counterparts, each of which alone and all of which together shall be deemed one original Agreement. 16. If any one or more of the agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid, then such agreements, provisions or terms shall be C-2