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or a qualified reserve account letter of credit in an <br />amount equal to the difference between the Maximum Debt <br />Service Requirement and the sums on deposit in the <br />Reserve Account, with the prior consent of the Municipal <br />Bond Insurer. Moneys in the Reserve Account shall be <br />used only for the purpose of paying maturing <br />Amortization Installments or paying principal or <br />interest due on the Bonds when the other moneys <br />allocated to the Sinking Fund and Bond Amortization Fund <br />are insufficient. <br />(4) The balance of revenues remaining may be <br />used by the County for any lawful purpose. <br />Upon the issuance of Additional Parity Obligations <br />under the terms, provisions and conditions described in <br />the Master Bond Resolution, the deposits to the Sinking <br />Fund, the Bond Amortization Fund and the Reserve Account <br />(if no separate reserve account is funded) shall be <br />increased so as to provide for the payments of principal <br />and interest on the Additional Parity Obligations on the <br />same basis as provided with respect to Bonds, before <br />revenues become available for other lawful purposes of <br />the County. <br />Moneys on deposit in the Revenue Fund, the Sinking <br />Fund and the Bond Amortization Fund may be invested and <br />reinvested in Authorized Investments. <br />The moneys in the Reserve Account, subject to <br />arbitrage restrictions, may be invested and reinvested <br />in Federal Securities maturing not later than the final <br />maturity date of the Bonds. Any and all income received <br />by the County from such investments shall be deposited <br />in the Revenue Fund. <br />Operation of Bond Amortization Fund. Moneys held for the credit <br />of the Bond Amortization Fund shall be applied to the retirement of Term Bonds <br />as follows: <br />(1) Subject to the provisions of subparagraph <br />(4) below, the County shall endeavor to purchase Term <br />Bonds then outstanding, at the most advantageous price <br />obtainable with reasonable diligence, such price not to <br />exceed the principal of such Term Bonds and the <br />C-5 <br />