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85- 006359 remaining excess over five percent (5 %) being used by Trustee for the purchase of Bonds in the open market, which Bonds shall thereupon be canceled, or applied toward the redemption of Bonds at the earliest redemption date permitted by the Indenture. Section 4.6. Company Required to Pay All Costs of Acaui- sition and Construction. Company agrees to complete the acquisition, construction, improving and equipping of the Project, and to pay that portion of the costs of the Project in excess of the moneys available therefor in the Construction Fund, from its general revenues, capital contributions or any other sources available to Company. Issuer does not make any warranty, either express or implied, that the moneys paid into the Construction Fund and available for payment of the Eligible Costs will be sufficient to pay all of the costs of the Project. Company agrees that if, after exhaustion of the moneys in the Construction Fund, Company should pay any portion of the costs of the Project pursuant to the provisions of this Section 4.6, Company shall not be entitled to any reimbursement therefor from Issuer or from Trustee or from the holders of any of the Bonds, nor shall Company be entitled to any diminution of the amounts payable under Sections 5.2, 5.3 and 5.4 hereof. Section 4.7. Investment of Moneys. Any moneys held as a part of the Bond Fund, Construction Fund, or any other Fund in connection with the Bonds or the Project or treated pursuant to the Indenture shall be invested by Trustee, at the written direction of Company Representative, to the extent permitted by law and in accordance with the provisions of Article VI of the Indenture, in (i) obligations issued or guaranteed by the United States; (ii) obligations issued or guaranteed by any person controlled or supervised by and acting as an instrumentality of the United States pursuant to authority granted by the Congress of the United States; (iii) obligations issued or guaranteed by any state of the United States, or the District of Columbia, or any political subdivision of any such state or district; (iv) commercial paper rated either P -1 or A -1 or an equivalent by Moody's Investors Service, Inc. or Standard i Poor's Corporation, both of New York, New York, or their successors; (v) finance company paper rated either P -1 or A -1 or an equivalent by Moody's Investors Service, Inc. or Standard z Poor's Corporation or an equivalent, both of New York, New York, or their successors; (vi) bankers acceptances drawn on and accepted by banks organized under the laws of any state or of the United States which have a combined capital and surplus and undivided profits and reserves of at least $25,000,000; (vii) repurchase agreements fully secured by obligations issued or guaranteed by the United States or by any -21-