Laserfiche WebLink
• <br />•• <br />or make substitutions of the Federal Securities held hereunder, <br />or money held uninvested in compliance with the provisions of <br />this Agreement. <br />At the written request of the Issuer, signed by the <br />Clerk, the Trustee shall sell, transfer, -)therwise dispose of or <br />request the redemption of any of the Federal Securities or <br />substitute other Federal Securities for such Federal Securities. <br />The Issuer will not request that the Trustee exercise any of the <br />powers described in the preceding sentence in any manner which, <br />if such exercise had been reasonably expected on the date of <br />issuance of any of the Notes, would have caused such Notes to be <br />"arbitrage bonds" within the meaning of Section 103(c) of the <br />Internal Revenue Code of 1954, as amended, and all regulations <br />thereunder in effect on the date of such request and applicable <br />to obligations issued on the issue date of such Notes. <br />4.06 Unclaimed Money. Any money held by the Trustee <br />by reason of the provisions of this Agreement, or by reason of <br />the Trustee's serving as paying agent for the Notes or any other <br />reason, for the payment or redemption of Notes and remaining <br />unclaimed by the holders of any such Notes for 5 years after the <br />date of maturity of such Notes shall, upon the written request of <br />the Issuer signed by the Clerk or the written request of such <br />officer, board or body as may then be entitled by law to receive <br />the same, and if the Issuer or any successor to the obligations <br />of the Issuer under this Agreement and the Notes shall not at the <br />time, to the knowledge of the Trustee, be in default with respect <br />to any of the terms and conditions contained in this Agreement or <br />in such votes, be paid to the Issuer or to such officer, board or <br />body, as the case may be, and such holders of such Notes shall <br />thereafter look only to the Issuer or to such officer, board or <br />body, as the case may be, for payment, and then only to the <br />extent of the amounts so received without interest thereon. <br />Prior to the expiration of such 5 -year period applicable to any <br />such unclaimed money, the same shall be invested by the Trustee <br />in Federal Securities maturing on or prior to 90 days after the <br />purchase thereof, such Federal Securities to be designated to the <br />Trustee by written instrument signed on behalf of the Issuer by <br />the Clerk. All interest and other income derived from such <br />investments of such unclaimed money shall, to the extent <br />possible, be reinvested by the Trustee, and the same and any ear- <br />nings thereon shall be paid by the Trustee to the Issuer whenever <br />such unclaimed money shall be claimed by such holders entitled <br />thereto, or at the conclusion of such 5 -year period. <br />4.07 Indemnity. The Issuer hereby assumes liability <br />for, and hereby agrees (whether or not any of the transactions <br />-12- <br />