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The County covenants that no more than ten percent (10%) of the Gross Revenues will be derived directly or indirectly from payments from any nongovernmental user, other than payments by a nongovernmental user as a member of the general public. S. FURTHER TERMS AND CONDITIONS OF RESERVE ACCOUNT CREDIT INSTRUMENTS. The further terms and conditions upon which the Reserve Account Requirement set forth in subsection B(4) above may be met in whole or in part with a Reserve Account Credit Instrument are, unless all or a portion of the Series 1993 Bonds are outstanding and the Series 1993 Bond Insurer agrees otherwise, as follows: (1) With respect to any letter of credit: (a) such letter of credit shall be payable in one or more draws upon presentation by the Paying Agent of a sight draft accompanied by its certificate that it then holds insufficient funds to make a required payment of principal or interest on the Bonds; (b) the draws shall be payable within two days of presentation of the sight draft; (c) the letter of credit shall be for a term of not less than three years and shall be subject to an "evergreening" feature so as to provide the County with at least 30 months' notice of termination; the issuer of the letter of credit shall be required to notify the County and the Paying Agent not later than 30 months prior to the stated expiration date of the letter of credit as to whether such expiration date shall be extended, and if so, shall indicate the new expiration date. If such notice indicates that the expiration date shall not be extended, the County shall deposit in the Reserve Account an amount sufficient to cause the cash or permitted investments on deposit in the Reserve Account, together with any other qualifying Reserve Account Credit Instruments, to equal the Reserve Account Requirement, such deposit to be paid in equal installments on a least a semi-annual basis over the remaining term of the letter of credit, unless the Reserve Account Credit Instrument is replaced by another Reserve Account Credit Instrument permitted hereunder; and (d) The letter of credit shall permit a draw in full -prior to. the -expiration or termination of such letter of credit if the letter of credit has not been replaced or renewed. (2) The use of any Reserve Account Credit Instrument shall be subject to receipt of an opinion of counsel acceptable to the Series 1993 Bond Insurer in form and substance satisfactory to the Series 1993 Bond Insurer as to the due authorization, execution, delivery and enforceability of such instrument in accordance with 23