1981-040 CRA - Laserfiche WebLink

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payment of the Redemption Price and interest on said Bonds. Neither Federal Securities nor moneys deposited with the Trustee pursuant t.o this Section nor principal or interest payments on any such Federal Securities shall be withdrawn or used for any purpose other than, and shall be held in trust for, the payment of the Redemption Price and interest on said Bonds; provided that any cash received from such principal .or interest payments on such Federal Securities dep.osited with the Trustee, if not then needed for such purpose, shall, to the extent practicable, be reinvested in Federal Securities maturing at times and in principal amounts sufficient to pay when due the Redemption Price and interest to become due on said B.onds on and prior t.o such Redemption Date or maturity date thereof; as the case may be, and interest earned from such reinvestments shall be paid .over to the Agency as received by the Trustee, free and clear of any trust, lien .or pledge. (C) Anything in this Resoluti.on to the contrary notwithstanding, any moneys held by the Trustee or Paying Agents in trust f.or the payment and discharge of any of the Bonds or coup.ons which remain unclaimed for f.our (4) years after the date when such B.onds have become due and payable, either at their stated maturity dates or by call for earlier redempti.on, if such moneys were held by the Trustee or Paying Agents at such date, or for four (4) years after the date of dep.osit .of such moneys if deposited with the Trustee or Paying Agents after the said date when such Bonds became due and payable, shall, at the written request of the Agency, be repaid by the Trusteè .or Paying Agents t.o the Agency, as its absolute property and free from trust, and the Trustee or Paying Agents shall thereupon be released and discharged with respect theret.o and the Bondholders shall look only t.o the Agency for the payment of such Bonds and coupons; provided, however, that bef.ore being required to make any such payment to the Agency, the Trustee or Paying Agent shall, at the expense .of the Agency, cause t.o be published at least twice, at an interval of n.ot less than seven (7) days between publications, in an Authorized Newspaper, a notice that said moneys remain unclaimed and that, after a date named in said notice, which date shall be not less than thirty (30) days after the date of the first publication of such notice, the balance of such moneys then unclaimed will be returned to the Agency. 63 . . . . .