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Mb any other such Bond, according to the amounts due respectively for principal and interest, to the persons entitled thereto, without any discrimination or preference. Notwithstanding the foregoing paragraphs (a) and (b), if the Credit Facility Provider shall have wrongfully failed to honor a demand for funds under the Credit Facility, no moneys held under the Indenture shall be used for the payment of interest on or the principal or Redemption Price of any Credit Facility Bond or any amounts due under the Credit Facility Agredment until after all amounts payable with respect to all other Outstanding Bonds shall have been paid in full. Whenever moneys are to be applied by the Trustee a described above, such moneys shall be applied by the Trustee at such time, and from time to time, as the Trustee in its sole discretion shall determine, having due regard to the amount of such moneys available for application and the likelihood of additional moneys becoming available for such application in the future. The setting aside of such moneys in trust for the benefit of all Holders of the Outstanding Bonds shall constitute proper application by the Trustee, and the Trustee shall incur no liability whatsoever to the Issuer, to any Bondholder, to the Credit Facility Provider or to any other person for any delay in applying any such moneys, so long as the Trustee acts with reasonable diligence, having due regard to the circumstances, and ultimately applies the same in accordance with such provisions of the Indenture as may be applicable at the time of application by the Trustee. Whenever the Trustee shall exercise such discretion in applying such moneys, it shall fix the date (which shall be an Interest Payment Date unless the Trustee shall deem another date more suitable) upon which such application is to be made, and upon such date interest on the amounts of principal of the Bonds paid on such date shall cease to accrue. The Trustee shall give such notice as it may deem appropriate of the fixing of any such date. The Trustee shall not be required to make payment to the Holder of any Bond unless such Bond shall be presented to the Trustee for appropriate endorsement. Restrictions upon Action by Individual Bondholders (Section 7.07) No Bondholder shall have any right to institute any suit, action or proceeding in equity or at' law for the execution of any trust under the Indenture or for any other remedy under the Indenture unless (i) such Holder previously shall have given to the Trustee written notice of the Event of Default on account of which such suit, action or proceeding is to be instituted, (ii) the Holders of not less than 20: of the Bonds shall have made written request to the Trustee after the right to exercise such powers or right of action, as the case may be, shall have accrued, and shall have afforded the Trustee a reasonable opportunity either to proceed to exercise the powers granted by the Indenture or to institute such action, suit or proceeding in its or their name, and (iii) there shall have been offered to the Trustee reasonable security and indemnity against the costs, expenses and liabilities to be incurred therein or thereby, and the Trustee shall have refused or neglected to comply with such request within a reasonable time. -34-