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RESOLUTION 95-83 The value of the above investments shall be determined as follows: "Value", which shall be determined as of the end of each month, means that the value of any investments shall be calculated as follows: (1) as to investments the bid and asked prices of which are published on a regular basis in The Wall Street Journal (or, if. not there, then in The New York Times): the average of the bid and asked prices for such investments so published on or most recently prior to ,such time of determination; (2) as to.investments the bid and asked prices of which are not published on a regular basis in The Wall Street Journal or The New York Times: the average bid price at such time of determination for such investments by any two nationally recognized government securities dealers (selected by the Paying Agent in its absolute discretion) at the time making a market in such investments or the bid price published by a nationally recognized pricing service; (3) as to certificates of deposit and bankers, acceptances: the face amount thereof, plus accrued Interest; and (4) as to any investment not specified above: the value thereof established by prior agreement between the Issuer., the Paying Agent and AMBAC Indemnity Corporation. "Municipal Bond Insurance Policy" shall mean the municipal bond insurance policy issued by AMBAC Indemnity insuring the payment when due of the principal of and interest on the Bonds as provided therein. (B) Consent of AMBAC Indemnity. Any provision herein or _of the Resolution expressly recognizing or granting rights in or to AMBAC Indemnity may not be amended in any manner which affects the rights of AMBAC Indemnity hereunder or thereunder without the prior written consent of AMBAC Indemnity. Unless otherwise provided in this Section, AMBAC Indemnity's• consent shall be required in addition to Bondholder consent, when required, for the following purposes: (i) execution and delivery of any supplemental resolution; (ii) removal of the Paying Agent and selection and appointment of any successor Paying Agent; and (iii) -initiation or approval of any action not described in (i) or (ii) above which requires Bondholder consent. Any reorganization or liquidation plan with respect to the Issuer must be acceptable to AMBAC Indemnity. In the event of any reorganization or liquidation, AMBAC Indemnity shall have the right to vote on behalf of all bondholders who hold AMBAC Indemnity -insured bonds absent a default by AMBAC Indemnity under the applicable Municipal Bond Insurance Policy insuring such Bonds. eooK 95 F-nj JULY 119 1995 49 F69