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Rental payments due and payable by the City if and when rental <br />shall be abated in accordance with Section 20 hereof or when <br />other moneys of the City are not otherwise available to make <br />such Base Rental payments. The City hereby pledges and grants <br />a lien on and a security interest in the Certificate Reserve <br />Fund to the Corporation in order to secure the City's <br />obligation to pay the Base Rental payments as herein <br />provided. The City further agrees that if at any time the <br />balance in the Certificate Reserve Fund shall be reduced below <br />the Certificate Reserve Fund Requirement, the first payments <br />of Base Rental payments thereafter payable by the City and not <br />needed to pay Base Rental interest and principal components <br />payable to the Certificate Owners on the next Base Rental due <br />date shall be used to increase the balance in the Certificate <br />Reserve Fund to the required Certificate Reserve Fund <br />Requirement. At the termination of this Lease in accordance <br />with its terms, any balance remaining in the Certificate <br />Reserve Fund shall be released from the foregoing pledge, lien <br />and security interest and may be transferred to such other <br />fund or account of the City, or otherwise used by the City for <br />any other lawful purposes, as the City may direct. <br /> <br /> (d) Insurance Reserve Fund. In further <br />consideration for the agreements and covenants of the City <br />herein, the Corporation further agrees to pay to the City a <br />sum equal to the Insurance Reserve Fund Requirement for <br />deposit with the Trustee in a separate special fund, to be <br />held by the Trustee for and on behalf of the City, known as <br />the "Facility Lease (Capital Projects I and II) Insurance <br />Reserve Fund" (the "Insurance Reserve Fund"). If on April 1 <br />or October 1 of any year the amount in the Insurance Reserve <br />Fund exceeds the Insurance Reserve Fund Requirement, the <br />Trustee, if the City is not then in default hereunder and if <br />the Corporation and the City are not then in default under the <br />Trust Agreement, shall pay the amount of such excess to the <br />City. The Trustee agrees to cause the moneys in the Insurance <br />Reserve Fund, upon the Written Request of the Corporation and <br />the Written Request of the City, to be applied to pay, <br />together with insurance proceeds received or to be received by <br />the Trustee and to make up for portions of losses not covered <br />by insurance because of deductible amounts or replacement cost <br />limitations on the amount of insurance obtained, for the <br />repair, reconstruction or replacement of any damaged or <br />destroyed portion of Capital Projects I and II, pursuant to <br />the procedure set forth in Section 7, or for the loss of <br />rental income not insured against because of the deductible <br />amount permitted by Section 9. The City hereby pledges and <br />grants a lien on and a security interest in the Insurance <br />Reserve Fund to the Corporation in order to secure the City's <br />obligation to pay the Base Rental payments as herein <br />provided. At the termination of this Lease in accordance with <br /> <br /> F-11 <br />1456S <br /> <br /> <br />