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the Sinking Fund, and the Reserve Account, including all deficiencies <br />for prior payments, have been made in full. <br />Moneys in.the Reserve Account shall be used only for the <br />purpose of the payment of maturing principal of or interest on the <br />Obligations when the other moneys in the Sinking Fund are in- <br />sufficient therefor, and for no other purpose. <br />(4) Upon the issuance by the Issuer of any Additional <br />Parity Obligations under the terms, limitations and conditions pro- <br />vided in this resolution, the payments into the Sinking Fund shall <br />be increased in such amounts as are necessary.to make the payments <br />required above for the principal of and interest on, and reserve <br />for such Additional Parity Obligations on the same basis as herein- <br />_ � <br />above provided with respect to the outstanding Obligations. The <br />Issuer may establish and maintain separate reserve accounts for each <br />issue of Additional Parity Obligations; provided that the sum re- <br />quired to be accumulated and maintained on deposit in the separate <br />reserve accounts shall be at least equal to the maximum principal <br />of and interest on the respective Additional Parity Obligations be- <br />coming due in any ensuing fiscal year. Such required sum may be <br />Paid in full or in part from the proceeds of such Additional Parity <br />Obligations or may be accumulated in equal payments in the separate <br />reserve accounts over such period of years, not, however, to exceed <br />five (a) years from the date of the respective issue of Additional <br />Parity Obligations, as determined by the Issuer. <br />The Issuer shall not be required to make any further pay- <br />ments into the Sinking Fund or into the Reserve Account when the <br />aggregate amount of moneys in both the Sinking Fund and Reserve <br />Account are at least equal.to the aggregate principal amount of <br />Obligations then outstanding, plus the amount of interest then due <br />or.thereafter to become due on such Obligations then outstanding. <br />(5) The Issuer shall next apply anddeposit the moneys <br />in the Revenue Fund into a special account to be known as the <br />"Renewal and Replacement Fund", which -fund is hereby created. The <br />Issuer shall deposit into such Renewal and Replacement Fund,*an <br />amount equal to ten per centum (10%) of the gross revenues of the <br />Facilities for the previous Fiscal Year, until there shall be on <br />deposit in such Renewal and Replacement F?end an amount recommended <br />