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redemption premium which would be applicable if the <br />moneys applied to such purchase were otherwise applied <br />to the redemption of Term Bonds under subparagraphs (2) <br />or (3) below. The County shall pay the interest accrued <br />on such Term Bonds to the date of delivery thereof from <br />the Sinking Fund and the purchase price from the Bond <br />Amortization Fund, but no such purchase shall be made by <br />the County within the forty-five (45) days immediately <br />preceding any interest payment date on which such Term <br />Bonds are subject to call for redemption except from <br />moneys in excess of the amounts set aside or deposited <br />for the redemption of Term Bonds. <br />(2) Subject to the provisions of subparagraph <br />(4) below, the County shall call for redemption on each <br />interest payment date on which Term Bonds are subject to <br />redemption from moneys in the Bond Amortization Fund, <br />such amount of Term Bonds then subject to redemption as <br />will exhaust the moneys then held in the Bond <br />Amortization Fund as nearly as may be practicable. <br />Prior to calling Term Bonds for redemption the County <br />shall withdraw from the Sinking Fund and from the Bond <br />Amortization Fund and set aside in separate accounts or <br />deposit with the Paying Agent the respective amounts <br />required for paying the interest on the Term Bonds so <br />called for redemption. <br />(3) Moneys in the Bond Amortization Fund shall <br />be applied by the County in each Fiscal Year to the <br />retirement of Term Bonds then outstanding in the <br />following order: <br />(i) The Term Bonds of each series <br />to the extent of the Amortization <br />Installment, if any, for such Fiscal Year <br />for the Term Bonds of each such series then <br />outstanding and, if the amount available in <br />such Fiscal Year shall not be sufficient <br />therefor, then in proportion to the <br />Amortization Installment, if any, for such <br />Fiscal Year for the Term Bonds of each such <br />series then outstanding, provided, however, <br />that if the Term Bonds of any series shall <br />not then be subject to redemption from <br />moneys in the Bond Amortization Fund and if <br />the County shall at any time be unable to <br />exhaust the moneys applicable to the Term <br />C -G <br />