Laserfiche WebLink
, - <br /> _ ._ _., . ... ...... , .�....... .. � <br /> � 77� � � 7210 <br /> � ARTZCLE VZI . <br /> Znvestments <br /> Section 701 . Moneys held for the credit of the Ac - � ^;, � „� <br /> � 1^'. ni. <br /> quisition Fund uader the provisions of Section 601 hereof � "� °" <br /> � ; <br /> sha11 be kept invested and reinrested by the Trustee , but as + �� " f <br /> t�7:` . <br /> directed in writing from time to time by the Lessee , in sucn >. ,` ' <br /> P. ... <br /> securities and other invest�nents as may at the ticae be � Pi <br /> _�; <br /> authorized investments for funds of the Issuer , which nave � ; <br /> maturity dates or are subject to redemption by the owner at � � , <br /> , f <br /> the option of the owner on or prior to the dates the funds � {; <br /> will be needed , as shown by a certificate of tae Project ` "' <br /> �_; <br /> Manager or his Alternate . Obli ations so ���' <br /> g purchased as an t"`` <br /> investment of moneys shall be held by or under the control �� � <br /> �:; <br /> of the Trustee and shall be dee�ed at all ti.�es a part of �, , • ,;; <br /> ��� <br /> the Acquisition Fund , and the interest accruing thereon and � ' ' <br /> � , <br /> any profit realized from such invest?zents shall be credited � <br /> , rf� <br /> � ��e : <br /> to such fund , and any loss resulting from such investments <br /> �;y?:, . , . 1 <br /> H <br /> shall be charged to such fund . The Trustee shall se11 and � <br /> reduce to cash funds any such investments ( a ) upon written �` ' <br /> u ' <br /> > ;G <br /> advice from the Project Manager or his alternate , or (b ) � <br /> whenever the cash balance in the Acquisition Fund is in - � <br /> � ,::�� <br /> sufficient to pay a requisition when presented . <br /> Section 702 . Moneys paid into the Bond Fund under the � <br /> provisions of Section 503 and the other provisions hereof or <br /> under the provisions of the Lease sha11 be kept ir.vested and <br /> reinvested by the Trustee , but as directed in writing from <br /> time to time by the Lessee , in such securities and other <br /> investments as may at the time be suthorized investments for <br /> funds of the Issuer , which aature or are subject to redeap - <br /> tion by the owner at the opt �on of the owner on or prior to <br /> � <br /> the respective dates when the cash funds will be required <br /> and in no event later than eighteen ( 18 ) months irom the <br /> date of investment thezein . <br /> ; <br /> Mone s � �-"`' <br /> y paid into the Bond Fund Reserve Account shall be <br /> kept invested and reinvested by the Trustee , but as directed <br /> in writing from time to time by the Lessee , in such securities ��� ��� <br /> .�.� r�.y, K ... ....� N��, . .. <br /> �iaflb �'. �� . <br /> ' 40 <br /> .� � <br /> '"��� � . . . . , , ,•-�, � ,;:�, , � �._ . , . . _. . . . <br />