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J U L 7 1992 52ox 50 eA,r, 244 1/12 of 20% of the Maximum Bond Service Requirement until such time as the funds and investments therein shall equal the Maximum Bond Service Requirement, and monthly thereafter such amount as may be necessary to maintain in the Reserve Account the Maximum Bond Service Requirement, but not exceeding 1/12 of the Maximum Bond Service Requirement monthly. Money in the Reserve Account shall be used only for paying the principal of and interest on and Amortization Installments for the Bonds in the event that the other money in the Sinking Fund shall ever be insufficient to meet such payments. (5) Impact Fees on deposit in the Sinking Fund shall only be applied pursuant to subsections (C)(1), (2), (3) and (4) with respect to Bonds allocated to finance the cost of additions, extensions and improvements to the System made necessary by the inclusion of new customers of the System. (6) Money held for the credit of the Bond Amortization Account shall be applied to the retirement of Term Bonds as follows: (a) Subject to the provisions of paragraph (c) below, the Issuer shall endeavor to purchase Term Bonds then outstanding at the most advantageous price obtainable with reasonable diligence, such price not to exceed the principal of such Term Bonds plus the amount of the premium, if any, which would be payable on the next redemption date to the holders of such Term Bonds if such Term Bonds should be called for redemption on such date from money in the Bond Amortization Account. The Issuer shall pay the interest accrued on such Term Bonds to the date of delivery thereof from the Sinking Fund and the purchase price from.the Bond Amortization Account, but no such purchase shall be made by the Issuer within the period of 45 days immediately pre- ceding any interest payment date on which Term Bonds are subject to call for redemption, except from money in excess of the amounts set aside or deposited for the redemption of Term Bonds. (b) Subject to the provisions of paragraph (c) below, whenever sufficient money is on deposit in the Bond Amortization Account to redeem $5,000 or more principal amount of Term Bonds, the Issuer shall call for redemption from money in the Bond Amortization Account such amount of Term Bonds then subject to redemption as, with the redemption premium, if any, will exhaust the money then held in the Bond Amortization Account as nearly as may be practicable. Prior to calling Term Bonds for redemption, the Issuer shall withdraw from the Sinking Fund and from the Bond Amortization Account and set aside in separate accounts or depo- sit with the paying agents the respective amounts required for