Common use of Draws Clause in Contracts

Draws. (a) Whenever any amount is payable for the purchase of the 2023 Series N-2 Bonds as provided in this Series Indenture, the Paying Agent shall draw on the Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then on hand with the Paying Agent as described in the next paragraph) to make such full and timely payment in accordance with this Series Indenture and the Liquidity Facility, except that the Paying Agent may not draw on the Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 Series N-2 Bonds owned by or on behalf of or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the Liquidity Facility, the Paying Agent will be acting on behalf of the owners of the 2023 Series N-2 Bonds by facilitating payment of the Purchase Price of their 2023 Series N-2 Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 Series N-2 Bonds are to be purchased pursuant to a tender, the Paying Agent shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, (12:00 noon New York City Time with respect to 2023 Series N-2 Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof), to enable the Paying Agent to pay the Purchase Price of the 2023 Series N- 2 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If the Paying Agent does not have any remarketing proceeds on hand, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the Liquidity Facility and deposit such moneys to the Bond Purchase Fund so that immediately available funds will be available to the Paying Agent to pay the purchase price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (d) If, subsequent to any such draw to pay the Purchase Price of 2023 Series N-2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 Series N-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking – Municipals 000 Xxxxx Xxxxxx, 12th Floor New York, NY 10281-8098 Attention: Xx. Xxxxxxx Xxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx So long as the 2023 Series N-2 Bonds bear interest in the Weekly Mode, the Trustee shall be the Paying Agent.

Draws. (a) Whenever Subject to the terms and conditions set forth in this Agreement, on each Draw Date after the date hereof, the Purchaser agrees to loan to the Loan Parties the amount of the Draw so requested by the Loan Parties; provided, however, that (i) the aggregate principal amount of all Draws made during the Term shall never exceed $24,000,000 and (ii) the principal amount of any Draw shall be in integral multiples of One Million Dollars ($1,000,000). The loan evidenced by the Notes is not a revolving credit facility and may not be drawn, repaid and redrawn. Any repayments of principal on the Loan shall be applied to permanently reduce the principal amount of the Notes. The Notes shall evidence the aggregate Indebtedness of the Loan Parties to the Purchaser resulting from Draws from time to time. The Purchaser hereby is payable authorized, but is not obligated, to enter the amount of the Purchaser’s funding of each Draw and the outstanding principal of the Notes and the amount of each payment or prepayment of principal and interest thereon on the reverse of or on an attachment to the applicable Note. Draws may be made by Agent in its sole discretion for the payment of interest on the Notes and other Obligations on the date when due. The Loan Parties shall use the Draws for costs incurred in Permitted Acquisitions and to fund their obligations incurred in the purchase of the 2023 Series N-2 Bonds as provided in this Series Indenture, the Paying Agent shall draw on the Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then on hand with the Paying Agent as described in the next paragraph) to make such full and timely payment in accordance with this Series Indenture and the Liquidity Facility, except that the Paying Agent may not draw on the Liquidity Facility to pay the Purchase Price inventory or generation of Bank Bonds or 2023 Series N-2 Bonds owned by or on behalf of or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the Liquidity Facility, the Paying Agent will be acting on behalf of the owners of the 2023 Series N-2 Bonds by facilitating payment of the Purchase Price of their 2023 Series N-2 Bonds and not on behalf of the Authority and will not be subject to the control of the Authorityreceivables. (b) On each Purchase Date So long as no Default or Mandatory Purchase Date on which the 2023 Series N-2 Bonds are to Event of Default shall have occurred and be purchased pursuant to a tendercontinuing, the Paying Loan Parties may give Agent shall draw upon the Liquidity Facility irrevocable written notice requesting a Draw by 10:30 a.m., delivering to Agent not later than 4 p.m. (New York City time) a completed Draw Notice, (12:00 noon New York City Time with respect to 2023 Series N-2 Bonds in which Draw Notice shall specify the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time proposed Draw Date of such draw Draw. Upon receipt of a Draw Notice, Agent shall designate a Draw Date that is within fifteen (including all remarketing proceeds received pursuant to Section 7.6(c15) hereof)calendar days of its receipt thereof. On each Draw Date, to enable the Paying Loan Parties irrevocably authorize Agent to pay the Purchase Price of the 2023 Series N- 2 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If the Paying Agent does not have any remarketing proceeds on hand, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from disburse the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (bthe requested Draw to the applicable account(s) in accordance with the terms of the Liquidity Facility and deposit such moneys Loan Parties specified in the applicable Draw Notice, in all cases for credit to the Bond Purchase Fund so that immediately available Loan Parties (or to such other account as to which such Loan Parties shall instruct Agent in writing) via Federal funds will be available to the Paying Agent to pay the purchase price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., wire transfer no later than 1:00 p.m. New York City time, on the Purchase Date or Mandatory Purchase Date. (c) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (d) If, subsequent to any such draw to pay the Purchase Price of 2023 Series N-2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 Series N-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking – Municipals 000 Xxxxx Xxxxxx, 12th Floor New York, NY 10281-8098 Attention: Xx. Xxxxxxx Xxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx So long as the 2023 Series N-2 Bonds bear interest in the Weekly Mode, the Trustee shall be the Paying Agent.

Draws. (a) Whenever any amount is payable for the purchase of the 2023 2024 Series N-2 D-2 Bonds as provided in this Series Indenture, the Paying Agent shall draw on the Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then on hand with the Paying Agent as described in the next paragraph) to make such full and timely payment in accordance with this Series Indenture and the Liquidity Facility, except that the Paying Agent may not draw on the Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 2024 Series N-2 D-2 Bonds owned by or on behalf of or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the Liquidity Facility, the Paying Agent will be acting on behalf of the owners of the 2023 2024 Series N-2 D-2 Bonds by facilitating payment of the Purchase Price of their 2023 2024 Series N-2 D-2 Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 2024 Series N-2 D-2 Bonds are to be purchased pursuant to a tender, the Paying Agent shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, (12:00 noon New York City Time with respect to 2023 2024 Series N-2 D-2 Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof), to enable the Paying Agent to pay the Purchase Price of the 2023 2024 Series N- D- 2 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If the Paying Agent does not have any remarketing proceeds on hand, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the Liquidity Facility and deposit such moneys to the Bond Purchase Fund so that immediately available funds will be available to the Paying Agent to pay the purchase price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (d) If, subsequent to any such draw to pay the Purchase Price of 2023 2024 Series N-2 D-2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 2024 Series N-2 D-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking TD Bank, N.A. Nonprofit HHE And Municipals – Municipals 000 National 0000 Xxxxxxxxxx Xxxx Xxxxx Xxxxxx2nd Floor West Palm Beach, 12th Floor New York, NY 10281-8098 FL 33409 Attention: Xx. Xxxxxxx Xxxxxx X. Plush II, Vice President Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx Xxxxxxx.Xxxxx@xx.xxx So long as the 2023 2024 Series N-2 D-2 Bonds bear interest in the Weekly Mode, Daily Mode or Term Rate Mode, the Trustee shall be the Paying Agent.

Draws. (a) Whenever any amount is payable for the purchase of the 2023 2017 Series N-2 B-1 Bonds as provided in this Series Indenture, the Paying Agent shall direct the Trustee to draw on the Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then on hand with the Paying Agent as described in the next paragraph) to make such full and timely payment in accordance with this Series Indenture and the Liquidity Facility, except that the Paying Agent Trustee may not draw on the Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 2017 Series N-2 B-1 Bonds owned by or on behalf of or held for the account or for the benefit of the Authority or any Affiliate affiliate of the Authority. In drawing on the Liquidity Facility, the Paying Agent Trustee will be acting on behalf of the owners of the 2023 2017 Series N-2 B-1 Bonds by facilitating payment of the Purchase Price of their 2023 2017 Series N-2 B-1 Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 2017 Series N-2 B-1 Bonds are to be purchased pursuant to a tender, the Paying Agent shall direct the Trustee to draw upon the Liquidity Facility by 10:30 a.m., New York City time, (12:00 noon New York City Time with respect to 2023 Series N-2 Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof), to enable the Paying Agent to pay the Purchase Price of the 2023 2017 Series N- 2 B-1 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If the Paying Agent does not have any remarketing proceeds on hand, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall direct the Trustee to make any drawing required under this subsection (b) in accordance with the terms of the Liquidity Facility and deposit such moneys to the Bond Standby Purchase Fund Account so that immediately available funds will be available to the Paying Agent to pay the purchase price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (d) If, subsequent to any such draw to pay the Purchase Price of 2023 2017 Series N-2 B-1 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 2017 Series N-2 B-1 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 1:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: For Notices of Bank Purchase: Royal Bank of Canada 000 Xxxxx Xxxxxx, 12th Floor New York, NY 10281-8098 Attention: Manager, Loans Administration Facsimile: (000) 000 0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx For all matters (including Royal Bank of Canada Notices of Bank Purchase): Corporate Banking – Municipals 000 Xxxxx Xxxxxx, 12th Floor New York, NY 10281-8098 Attention: Xx. Xxxxxxx Xxxxxx Xxxxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx xxxxxxx.xxxxxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx So long as the 2023 Series N-2 Bonds bear interest in the Weekly Mode, the Trustee shall be the Paying Agent.XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx

Draws. (a) Whenever any amount is payable for the purchase of the 2023 Series N-2 2019C Bonds as provided in this Series Indenture, the Paying Agent shall draw on the applicable Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then received on hand with the Paying Agent as described in the next paragraphPurchase Date or Mandatory Purchase Date) to make such full and timely payment in accordance with this Series Indenture and the applicable Liquidity Facility, except that the Paying Agent Trustee may not draw on the a Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 Series N-2 2019C Bonds known by the Trustee to be owned by or on behalf registered in the name of the Authority or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the a Liquidity Facility, the Paying Agent Trustee will be acting on behalf of the owners of the 2023 Series N-2 applicable 2019C Bonds by facilitating payment of the Purchase Price of their 2023 Series N-2 2019C Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 Series N-2 2019C Bonds are to be purchased pursuant to a tender, the Paying Agent shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, time (12:00 noon noon, New York City Time time with respect to 2023 Series N-2 2019C Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof)draw, to enable the Paying Agent to pay the Purchase Price of the 2023 Series N- 2 2019C Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If Except to the Paying Agent does not have any extent of remarketing proceeds on handhand with the Paying Agent, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the such Liquidity Facility and deposit such moneys to the Bond Standby Purchase Fund Account so that immediately available funds will be available to the Paying Agent to pay the purchase price Purchase Price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) If, following any draw on a Liquidity Facility in accordance with its terms, the Trustee does not receive from the applicable Liquidity Facility Provider when due the full amount stated in such draw, the Paying Agent shall promptly submit another draw in the amount of any deficiency or, if nothing was received by the Paying Agent, in such full amount. (d) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (de) If, subsequent to any such draw to pay the Purchase Price of 2023 Series N-2 2019C Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 Series N-2 2019C Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 4:00 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking – Municipals 000 Xxxxx Xxxxxx, 12th Floor New York, NY 10281-8098 Attention: Xx. Xxxxxxx Xxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx So long as the 2023 Series N-2 Bonds bear interest in the Weekly Mode, the Trustee shall be the Paying Agent.

Draws. (a) Whenever any amount is payable for the purchase of the 2023 Series N-2 P-2 Bonds as provided in this Series Indenture, the Paying Agent shall draw on the Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then on hand with the Paying Agent as described in the next paragraph) to make such full and timely payment in accordance with this Series Indenture and the Liquidity Facility, except that the Paying Agent may not draw on the Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 Series N-2 P-2 Bonds owned by or on behalf of or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the Liquidity Facility, the Paying Agent will be acting on behalf of the owners of the 2023 Series N-2 P-2 Bonds by facilitating payment of the Purchase Price of their 2023 Series N-2 P-2 Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 Series N-2 P-2 Bonds are to be purchased pursuant to a tender, the Paying Agent shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, (12:00 noon New York City Time with respect to 2023 Series N-2 P-2 Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof), to enable the Paying Agent to pay the Purchase Price of the 2023 Series N- 2 P-2 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If the Paying Agent does not have any remarketing proceeds on hand, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the Liquidity Facility and deposit such moneys to the Bond Purchase Fund so that immediately available funds will be available to the Paying Agent to pay the purchase price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (d) If, subsequent to any such draw to pay the Purchase Price of 2023 Series N-2 P-2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 Series N-2 P-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Federal Home Loan Bank of Canada Corporate Banking – Municipals Topeka 000 Xxxxx XxxxxxXX Xxxxxxxxx Road Topeka, 12th Floor New York, NY 10281-8098 Kansas 66606 Attention: Xx. Xxxxxxx Xxxxxx General Counsel Telephone: (000) 000-0000 FacsimileTelecopy: (000) 000-0000 and Federal Home Loan Bank of Topeka 000 XX Xxxxxxxxx Road Topeka, Kansas 66606 Attention: Director of Capital Markets Telephone: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx Xxxxxxx.xxxxxxx@xxxxxxxxxx.xxx So long as the 2023 Series N-2 P-2 Bonds bear interest in the Weekly Mode, the Trustee shall be the Paying Agent.

Draws. (a) Whenever any amount is payable for the purchase of the 2023 Series N-2 2020D-2 Bonds as provided in this Series Indenture, the Paying Agent shall draw on the applicable Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then received on hand with the Paying Agent as described in the next paragraphPurchase Date or Mandatory Purchase Date) to make such full and timely payment in accordance with this Series Indenture and the applicable Liquidity Facility, except that the Paying Agent Trustee may not draw on the a Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 Series N-2 2020D-2 Bonds known by the Trustee to be owned by or on behalf registered in the name of the Authority or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the a Liquidity Facility, the Paying Agent Trustee will be acting on behalf of the owners of the 2023 Series N-2 applicable 2020D-2 Bonds by facilitating payment of the Purchase Price of their 2023 Series N-2 2020D-2 Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 Series N-2 2020D-2 Bonds are to be purchased pursuant to a tender, the Paying Agent shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, time (12:00 noon noon, New York City Time time with respect to 2023 Series N-2 2020D-2 Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof)draw, to enable the Paying Agent to pay the Purchase Price of the 2023 Series N- 2 2020D-2 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If Except to the Paying Agent does not have any extent of remarketing proceeds on handhand with the Paying Agent, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the such Liquidity Facility and deposit such moneys to the Bond Standby Purchase Fund Account so that immediately available funds will be available to the Paying Agent to pay the purchase price Purchase Price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) If, following any draw on a Liquidity Facility in accordance with its terms, the Trustee does not receive from the applicable Liquidity Facility Provider when due the full amount stated in such draw, the Paying Agent shall promptly submit another draw in the amount of any deficiency or, if nothing was received by the Paying Agent, in such full amount. (d) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (de) If, subsequent to any such draw to pay the Purchase Price of 2023 Series N-2 2020D-2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 Series N-2 2020D-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 4:00 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking – Municipals 000 Xxxxx Xxxxxx, 12th Floor New York, NY 10281-8098 Attention: Xx. Xxxxxxx Xxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx So long as the 2023 Series N-2 Bonds bear interest in the Weekly Mode, the Trustee shall be the Paying Agent.

Draws. (a) Whenever any amount is payable for On the purchase of the 2023 Series N-2 Bonds as provided in terms and conditions set forth herein, including this Series IndentureSection and Article Four, the Paying Agent shall draw on the Liquidity Facility in accordance with its termsTrust Administrator, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then on hand with the Paying Agent as described in the next paragraph) to make such full and timely payment in accordance with this Series Indenture and the Liquidity Facility, except that the Paying Agent may not draw on the Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 Series N-2 Bonds owned by or on behalf of or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the Liquidity Facility, the Paying Agent will be acting on behalf of the owners of Borrower, may from time to time prior to the 2023 Series N-2 Bonds Commitment Termination Date, notify the Administrative Agent by facilitating payment of 3:00 p.m. (New York, New York Time) on the Purchase Price of their 2023 Series N-2 Bonds and not third Business Day preceding the Funding Date (the “Funding Request”) on which an advance (each, a “Draw”) under this Agreement is to be made to the Borrower. The Trust Administrator on behalf of the Authority Borrower may only request one Draw be funded on the Funding Date in any calendar week. The Administrative Agent shall notify each Lender of a proposed Draw by delivering to each Lender the following information provided by the Trust Administrator on behalf of the Borrower: (i) a Funding Request and a Funding Report, which will not be subject include, among other things, the proposed Funding Date, the Borrowing Base, and the Available Amount (each calculated using (x) the Principal Balance as of the last day of the preceding calendar week of the Receivables added to the control Collateral prior the last day of the Authoritypreceding calendar week and (y) the Principal Balance as of the related Cut-off Date for Receivables added to the Collateral in the calendar week of the Funding Report on or prior to the Funding Date) and the Principal Amount of the Draw requested, which shall be in an amount at least equal to lesser of $250,000 and the Available Commitment; and (ii) an `updated Schedule of Receivables that includes each Receivable that is the subject of the proposed Draw and such other information as the Administrative Agent may reasonably request with respect to the related Draw. Each Funding Request shall include a representation by the Trust Administrator, on behalf of the Trust, that the requested Draw will not, on each related Funding Date, exceed the Available Amount and a representation that all conditions precedent to the making of such Draw shall have been satisfied. Any Funding Request shall be irrevocable. (b) On Following receipt by the Administrative Agent of a Funding Request delivered prior to the Commitment Termination Date, each Purchase Date or Mandatory Purchase Date on which Lender agrees, subject to the 2023 Series N-2 Bonds are to be purchased pursuant to a tenderconditions contained herein, the Paying Agent that it shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, (12:00 noon New York City Time with respect to 2023 Series N-2 Bonds in the Daily Mode) in advance an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of equal to such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof), to enable the Paying Agent to pay the Purchase Price Lender’s Commitment Percentage of the 2023 Series N- 2 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If the Paying Agent does not have any remarketing proceeds on hand, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the Liquidity Facility and deposit such moneys to the Bond Purchase Fund so that immediately available funds will be available to the Paying Agent to pay the purchase price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Daterelated Available Amount. (c) Upon receipt from Each Lender’s advance of a Draw shall be made available to the Liquidity Facility Provider Borrower, subject to the fulfillment of the proceeds applicable conditions set forth in Article Four, at or prior to 3:00 p.m. (New York, New York Time) on the applicable Funding Date, by deposit of immediately available funds to the account of the Transferor or, at the Borrower’s written direction, to such other account as payment of amounts owed by the Borrower to the Transferor under the Transfer Agreement are to be made. Any Lender that either (i) fails to make any requested Draw as of such time on the applicable Funding Date or (ii) intends not to make any funds available for any requested Draw shall promptly notify the Trust Administrator and the Administrative Agent of such failure or intention. No portion of any drawing on the Liquidity Facility, the Paying Agent advance shall pay such proceeds to the Persons entitled thereto in accordance be funded with the provisions hereof“plan assets” of any Benefit Plan Investor. (d) IfIn no event shall any Lender be required on any date to fund any Principal Amount: (i) that would cause (A) the Outstanding Loan Amount, subsequent determined after giving effect to such funding, to exceed the Maximum Loan Amount, (B) in the case of any Lender, such Lender’s portion of the Outstanding Loan Amount, determined in accordance with such Lender’s Commitment Percentage, determined after giving effect to such funding, to exceed such Lender’s Commitment; (C) the total of all Draws funded to exceed the Aggregate Commitment; or (D) the Principal Amount advanced with respect to any such draw Funding Request to pay exceed the Purchase Price of 2023 Series N-2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 Series N-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), Available Amount on the day of receipt by the Paying Agent date of such remarketing proceedsadvance; (ii) on any date after the Commitment Termination Date; or (iii) that is the responsibility of another Lender, an amount equal to but which was not advanced by such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to Lender as of the initial Liquidity Facility Provider shall requested Funding Date. (e) Amounts repaid under this Agreement may not be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking – Municipals 000 Xxxxx Xxxxxx, 12th Floor New York, NY 10281-8098 Attention: Xx. Xxxxxxx Xxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx So long as the 2023 Series N-2 Bonds bear interest in the Weekly Mode, the Trustee shall be the Paying Agentreborrowed.

Draws. (a) Whenever any amount is payable for On the purchase of the 2023 Series N-2 Bonds as provided in terms and conditions set forth herein, including this Series IndentureSection and Article Four, the Paying Agent shall draw on the Liquidity Facility in accordance with its termsTrust Administrator, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then on hand with the Paying Agent as described in the next paragraph) to make such full and timely payment in accordance with this Series Indenture and the Liquidity Facility, except that the Paying Agent may not draw on the Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 Series N-2 Bonds owned by or on behalf of or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the Liquidity Facility, the Paying Agent will be acting on behalf of the owners of Borrower, may from time to time prior to the 2023 Series N-2 Bonds Commitment Termination Date, notify the Administrative Agent by facilitating payment of 3:00 p.m. (New York, New York Time) on the Purchase Price of their 2023 Series N-2 Bonds and not third Business Day preceding the Funding Date (the “Funding Request”) on which an advance (each, a “Draw”) under this Agreement is to be made to the Borrower. The Trust Administrator on behalf of the Authority Borrower may only request one Draw be funded on the Funding Date in any calendar week. The Administrative Agent shall notify each Lender of a proposed Draw by delivering to each Lender the following information provided by the Trust Administrator on behalf of the Borrower: (i) a Funding Request and a Funding Report, which will include, among other things, the proposed Funding Date, the Borrowing Base (including the portions of the Borrowing Base allocable to Eligible Receivables (Part AF) and Eligible Receivables (Part S), and the Available Amount (including the Available Amount (Part AF) and the Available Amount (Part S)) (each calculated using (x) the Principal Balance as of the last day of the preceding calendar week of the Receivables added to the Collateral prior the last day of the preceding calendar week and (y) the Principal Balance as of the related Cut-off Date for Receivables added to the Collateral in the calendar week of the Funding Report on or prior to the Funding Date) and the Principal Amount of the Draw requested, which shall be in an amount at least equal to lesser of $250,000; and (ii) an updated Schedule of Receivables that includes each Receivable that is the subject of the proposed Draw, including whether such Receivable is an Eligible Receivables (Part AF) or an Eligible Receivables (Part S), and such other information as the Administrative Agent may reasonably request with respect to the related Draw. Each Funding Request shall include a representation by the Trust Administrator, on behalf of the Trust, that the requested Draw will not, on each related Funding Date, exceed the Available Amount and, with regard to each portion of such Draw related to Eligible Receivables (Part AF) and Eligible Receivables (Part S), the related portion of such requested Draw will not be subject exceed the Available Amount (Part AF) and the Available Amount (Part S), and a representation that all conditions precedent to the control making of the Authoritysuch Draw shall have been satisfied. Any Funding Request shall be irrevocable. (b) On Following receipt by the Administrative Agent of a Funding Request delivered prior to the Commitment Termination Date, each Purchase Date or Mandatory Purchase Date on which Lender agrees, subject to the 2023 Series N-2 Bonds are to be purchased pursuant to a tenderconditions contained herein, the Paying Agent that it shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, (12:00 noon New York City Time with respect to 2023 Series N-2 Bonds in the Daily Mode) in advance an amount sufficientequal to such Lender’s Commitment Percentage of the related Available Amount, together with any remarketing proceeds that the Paying Agent has on hand at the time which shall be comprised of such draw Lender’s Commitment Percentage (including all remarketing proceeds received pursuant to Section 7.6(cPart AF) hereof), to enable the Paying Agent to pay the Purchase Price of the 2023 Series N- 2 Bonds to be purchased on related Available Amount (Part AF) and such Purchase Date or Mandatory Purchase Date. If the Paying Agent does not have any remarketing proceeds on hand, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection Lender’s Commitment Percentage (bPart S) in accordance with the terms of the Liquidity Facility and deposit such moneys to the Bond Purchase Fund so that immediately available funds will be available to the Paying Agent to pay the purchase price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Daterelated Available Amount (Part S). (c) Upon receipt from Each Lender’s advance of a Draw shall be made available to the Liquidity Facility Provider Borrower, subject to the fulfillment of the proceeds applicable conditions set forth in Article Four, at or prior to 3:00 p.m. (New York, New York Time) on the applicable Funding Date, by deposit of immediately available funds to the account of the Transferor or, at the Borrower’s written direction, to such other account as payment of amounts owed by the Borrower to the Transferor under the Transfer Agreement are to be made. Any Lender that either (i) fails to make any requested Draw as of such time on the applicable Funding Date or (ii) intends not to make any funds available for any requested Draw shall promptly notify the Trust Administrator and the Administrative Agent of such failure or intention. No portion of any drawing on the Liquidity Facility, the Paying Agent advance shall pay such proceeds to the Persons entitled thereto in accordance be funded with the provisions hereof“plan assets” of any Benefit Plan Investor. (d) IfIn no event shall any Lender be required on any date to fund any Principal Amount: (i) that would cause (A)(1) the Outstanding Loan Amount, subsequent determined after giving effect to such funding, to exceed the Maximum Loan Amount, (2) the Outstanding Loan Amount (Part AF), determined after giving effect to such funding, to exceed the Maximum Loan Amount (Part AF) or (3) the Outstanding Loan Amount (Part S), determined after giving effect to such funding, to exceed the Maximum Loan Amount (Part S); (B) in the case of any Lender, (1) such Lender’s portion of the Outstanding Loan Amount, determined in accordance with such Lender’s Commitment Percentage, determined after giving effect to such funding, to exceed such Lender’s Commitment (2) such Lender’s portion of the Outstanding Loan Amount (Part AF), determined in accordance with such (1) the total of all Draws funded to exceed the Aggregate Commitment, (2) the total of all Draws funded with respect to Eligible Receivables (Part AF) to exceed the Aggregate Commitment (Part AF), or (3) the total of all Draws funded with respect to Eligible Receivables (Part S) to exceed the Aggregate Commitment (Part S); or (D)(1) the Principal Amount advanced with respect to any such draw Funding Request to pay exceed the Purchase Price of 2023 Series N-2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 Series N-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), Available Amount on the day of receipt by the Paying Agent date of such remarketing proceedsadvance, an amount equal (2) the Principal Amount advanced with respect to any Funding Request with respect to Eligible Receivables (Part AF) to exceed the Available Amount (Part AF) on the date of such remarketing proceeds. Until otherwise so providedadvance or (3) the Principal Amount advanced with respect to any Funding Request with respect to Eligible Receivables (Part S) to exceed the Available Amount (Part S) on the date of such advance; (ii) on any date after the Commitment Termination Date; or (iii) that is the responsibility of another Lender, all notices, certificates and communications to but which was not advanced by such Lender as of the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking – Municipals 000 Xxxxx Xxxxxx, 12th Floor New York, NY 10281-8098 Attention: Xx. Xxxxxxx Xxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx So long as the 2023 Series N-2 Bonds bear interest in the Weekly Mode, the Trustee shall be the Paying Agentrequested Funding Date.

Draws. (a) Whenever any amount is payable for the purchase of the 2023 2024 Series N-2 B-2 Bonds as provided in this Series Indenture, the Paying Agent shall draw on the Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then on hand with the Paying Agent as described in the next paragraph) to make such full and timely payment in accordance with this Series Indenture and the Liquidity Facility, except that the Paying Agent may not draw on the Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 2024 Series N-2 B-2 Bonds owned by or on behalf of or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the Liquidity Facility, the Paying Agent will be acting on behalf of the owners of the 2023 2024 Series N-2 B-2 Bonds by facilitating payment of the Purchase Price of their 2023 2024 Series N-2 B-2 Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 2024 Series N-2 B-2 Bonds are to be purchased pursuant to a tender, the Paying Agent shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, (12:00 noon New York City Time with respect to 2023 2024 Series N-2 B-2 Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof), to enable the Paying Agent to pay the Purchase Price of the 2023 2024 Series N- B- 2 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If the Paying Agent does not have any remarketing proceeds on hand, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the Liquidity Facility and deposit such moneys to the Bond Purchase Fund so that immediately available funds will be available to the Paying Agent to pay the purchase price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (d) If, subsequent to any such draw to pay the Purchase Price of 2023 Series N-2 Q-2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 2024 Series N-2 B-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking – Municipals 000 Xxxxx Xxxxxx, 12th Floor New York, NY 10281-8098 Attention: Xx. Xxxxxxx Xxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx So long as the 2023 2024 Series N-2 B-2 Bonds bear interest in the Weekly Mode, Daily Mode or Term Rate Mode, the Trustee shall be the Paying Agent.

Draws. (a) Whenever any amount is payable for the purchase of the 2023 2024 Series N-2 C-2 Bonds as provided in this Series Indenture, the Paying Agent shall draw on the Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then on hand with the Paying Agent as described in the next paragraph) to make such full and timely payment in accordance with this Series Indenture and the Liquidity Facility, except that the Paying Agent may not draw on the Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 2024 Series N-2 C-2 Bonds owned by or on behalf of or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the Liquidity Facility, the Paying Agent will be acting on behalf of the owners of the 2023 2024 Series N-2 C-2 Bonds by facilitating payment of the Purchase Price of their 2023 2024 Series N-2 C-2 Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 2024 Series N-2 C-2 Bonds are to be purchased pursuant to a tender, the Paying Agent shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, (12:00 noon New York City Time with respect to 2023 2024 Series N-2 C-2 Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof), to enable the Paying Agent to pay the Purchase Price of the 2023 2024 Series N- C- 2 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If the Paying Agent does not have any remarketing proceeds on hand, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the Liquidity Facility and deposit such moneys to the Bond Purchase Fund so that immediately available funds will be available to the Paying Agent to pay the purchase price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (d) If, subsequent to any such draw to pay the Purchase Price of 2023 2024 Series N-2 C- 2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 2024 Series N-2 C-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking – Municipals 000 Xxxxx Xxxxxx, 12th Floor New York, NY 10281-8098 Attention: Xx. Xxxxxxx Xxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx So long as the 2023 2024 Series N-2 C-2 Bonds bear interest in the Weekly Mode, Daily Mode or Term Rate Mode, the Trustee shall be the Paying Agent.

Draws. (a) Whenever any amount is payable for the purchase of the 2023 2024 Series N-2 A-2 Bonds as provided in this Series Indenture, the Paying Agent shall draw on the Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then on hand with the Paying Agent as described in the next paragraph) to make such full and timely payment in accordance with this Series Indenture and the Liquidity Facility, except that the Paying Agent may not draw on the Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 2024 Series N-2 A-2 Bonds owned by or on behalf of or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the Liquidity Facility, the Paying Agent will be acting on behalf of the owners of the 2023 2024 Series N-2 A-2 Bonds by facilitating payment of the Purchase Price of their 2023 2024 Series N-2 A-2 Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 2024 Series N-2 A-2 Bonds are to be purchased pursuant to a tender, the Paying Agent shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, (12:00 noon New York City Time with respect to 2023 2024 Series N-2 A-2 Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof), to enable the Paying Agent to pay the Purchase Price of the 2023 2024 Series N- A- 2 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If the Paying Agent does not have any remarketing proceeds on hand, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the Liquidity Facility and deposit such moneys to the Bond Purchase Fund so that immediately available funds will be available to the Paying Agent to pay the purchase price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (d) If, subsequent to any such draw to pay the Purchase Price of 2023 2024 Series N-2 A-2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 2024 Series N-2 A-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking – Municipals America, N.A. 000 Xxxxx XxxxxxX. Xxxxxx Dr. Mailcode: IL4-110-26-01 Chicago, 12th Floor New York, NY 10281-8098 IL 60606 Attention: Xx. Xxxxxxx Xxxxxx Xxxx Xxxxx, Senior Vice President Public Sector Banking Telephone: (000) 000-0000 FacsimileTelecopy: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx So long as the 2023 2024 Series N-2 A-2 Bonds bear interest in the Weekly Mode, Daily Mode or Term Rate Mode, the Trustee shall be the Paying Agent.

Draws. (a) Whenever any amount is payable for the purchase of the 2023 Series N-2 2020A-1 Bonds as provided in this Series Indenture, the Paying Agent shall draw on the applicable Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then received on hand with the Paying Agent as described in the next paragraphPurchase Date or Mandatory Purchase Date) to make such full and timely payment in accordance with this Series Indenture and the applicable Liquidity Facility, except that the Paying Agent Trustee may not draw on the a Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 Series N-2 2020A-1 Bonds known by the Trustee to be owned by or on behalf registered in the name of the Authority or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the a Liquidity Facility, the Paying Agent Trustee will be acting on behalf of the owners of the 2023 Series N-2 applicable 2020A-1 Bonds by facilitating payment of the Purchase Price of their 2023 Series N-2 2020A-1 Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 Series N-2 2020A-1 Bonds are to be purchased pursuant to a tender, the Paying Agent shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, time (12:00 noon noon, New York City Time time with respect to 2023 Series N-2 2020A-1 Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof)draw, to enable the Paying Agent to pay the Purchase Price of the 2023 Series N- 2 2020A-1 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If Except to the Paying Agent does not have any extent of remarketing proceeds on handhand with the Paying Agent, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the such Liquidity Facility and deposit such moneys to the Bond Standby Purchase Fund Account so that immediately available funds will be available to the Paying Agent to pay the purchase price Purchase Price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) If, following any draw on a Liquidity Facility in accordance with its terms, the Trustee does not receive from the applicable Liquidity Facility Provider when due the full amount stated in such draw, the Paying Agent shall promptly submit another draw in the amount of any deficiency or, if nothing was received by the Paying Agent, in such full amount. (d) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (de) If, subsequent to any such draw to pay the Purchase Price of 2023 Series N-2 2020A-1 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 Series N-2 2020A-1 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 4:00 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking – Municipals 000 Xxxxx Xxxxxx, 12th Floor New York, NY 10281-8098 Attention: Xx. Xxxxxxx Xxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx So long as the 2023 Series N-2 Bonds bear interest in the Weekly Mode, the Trustee shall be the Paying Agent.

Draws. (a) Whenever any amount is payable for the purchase of the 2023 2024 Series N-2 F-2 Bonds as provided in this Series Indenture, the Paying Agent shall draw on the Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then on hand with the Paying Agent as described in the next paragraph) to make such full and timely payment in accordance with this Series Indenture and the Liquidity Facility, except that the Paying Agent may not draw on the Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 2024 Series N-2 F-2 Bonds owned by or on behalf of or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the Liquidity Facility, the Paying Agent will be acting on behalf of the owners of the 2023 2024 Series N-2 F-2 Bonds by facilitating payment of the Purchase Price of their 2023 2024 Series N-2 F-2 Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 2024 Series N-2 F-2 Bonds are to be purchased pursuant to a tender, the Paying Agent shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, (12:00 noon New York City Time with respect to 2023 2024 Series N-2 F-2 Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof), to enable the Paying Agent to pay the Purchase Price of the 2023 2024 Series N- F- 2 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If the Paying Agent does not have any remarketing proceeds on hand, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the Liquidity Facility and deposit such moneys to the Bond Purchase Fund so that immediately available funds will be available to the Paying Agent to pay the purchase price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (d) If, subsequent to any such draw to pay the Purchase Price of 2023 2024 Series N-2 D-2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 2024 Series N-2 F-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking TD Bank, N.A. Nonprofit HHE And Municipals – Municipals 000 National 0000 Xxxxxxxxxx Xxxx Xxxxx Xxxxxx2nd Floor West Palm Beach, 12th Floor New York, NY 10281-8098 FL 33409 Attention: Xx. Xxxxxxx Xxxxxx X. Plush II, Vice President Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx Xxxxxxx.Xxxxx@xx.xxx So long as the 2023 2024 Series N-2 F-2 Bonds bear interest in the Weekly Mode, Daily Mode or Term Rate Mode, the Trustee shall be the Paying Agent.

Draws. (a) Whenever any amount is payable for the purchase of the 2023 Series N-2 Q-2 Bonds as provided in this Series Indenture, the Paying Agent shall draw on the Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then on hand with the Paying Agent as described in the next paragraph) to make such full and timely payment in accordance with this Series Indenture and the Liquidity Facility, except that the Paying Agent may not draw on the Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 Series N-2 Q-2 Bonds owned by or on behalf of or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the Liquidity Facility, the Paying Agent will be acting on behalf of the owners of the 2023 Series N-2 Q-2 Bonds by facilitating payment of the Purchase Price of their 2023 Series N-2 Q-2 Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 Series N-2 Q-2 Bonds are to be purchased pursuant to a tender, the Paying Agent shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, (12:00 noon New York City Time with respect to 2023 Series N-2 Q-2 Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof), to enable the Paying Agent to pay the Purchase Price of the 2023 Series N- Q- 2 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If the Paying Agent does not have any remarketing proceeds on hand, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the Liquidity Facility and deposit such moneys to the Bond Purchase Fund so that immediately available funds will be available to the Paying Agent to pay the purchase price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (d) If, subsequent to any such draw to pay the Purchase Price of 2023 Series N-2 Q-2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 Series N-2 Q-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Federal Home Loan Bank of Canada Corporate Banking – Municipals Topeka 000 Xxxxx XxxxxxXX Xxxxxxxxx Road Topeka, 12th Floor New York, NY 10281-8098 Kansas 66606 Attention: Xx. Xxxxxxx Xxxxxx General Counsel Telephone: (000) 000-0000 FacsimileTelecopy: (000) 000-0000 and Federal Home Loan Bank of Topeka 000 XX Xxxxxxxxx Road Topeka, Kansas 66606 Attention: Director of Capital Markets Telephone: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx Xxxxxxx.xxxxxxx@xxxxxxxxxx.xxx So long as the 2023 Series N-2 Q-2 Bonds bear interest in the Weekly Mode, Daily Mode or Term Rate Mode, the Trustee shall be the Paying Agent.

Draws. (a) Whenever any amount is payable for the purchase of the 2023 Series N-2 2018A-2 Bonds as provided in this Series Indenture, the Paying Agent shall draw on the applicable Liquidity Facility in accordance with its terms, if one is in effect, to the extent necessary (taking into account any remarketing proceeds that are then received on hand with the Paying Agent as described in the next paragraphPurchase Date or Mandatory Purchase Date) to make such full and timely payment in accordance with this Series Indenture and the applicable Liquidity Facility, except that the Paying Agent Trustee may not draw on the a Liquidity Facility to pay the Purchase Price of Bank Bonds or 2023 Series N-2 2018A-2 Bonds known by the Trustee to be owned by or on behalf registered in the name of the Authority or held for the account or for the benefit of the Authority or any Affiliate of the Authority. In drawing on the a Liquidity Facility, the Paying Agent Trustee will be acting on behalf of the owners of the 2023 Series N-2 applicable 2018A-2 Bonds by facilitating payment of the Purchase Price of their 2023 Series N-2 2018A-2 Bonds and not on behalf of the Authority and will not be subject to the control of the Authority. (b) On each Purchase Date or Mandatory Purchase Date on which the 2023 Series N-2 2018A-2 Bonds are to be purchased pursuant to a tender, the Paying Agent shall draw upon the Liquidity Facility by 10:30 a.m., New York City time, time (12:00 noon noon, New York City Time time with respect to 2023 Series N-2 2018A-2 Bonds in the Daily Mode) in an amount sufficient, together with any remarketing proceeds that the Paying Agent has on hand at the time of such draw (including all remarketing proceeds received pursuant to Section 7.6(c) hereof)draw, to enable the Paying Agent to pay the Purchase Price of the 2023 Series N- 2 2018A-2 Bonds to be purchased on such Purchase Date or Mandatory Purchase Date. If Except to the Paying Agent does not have any extent of remarketing proceeds on handhand with the Paying Agent, the Paying Agent shall draw upon the Liquidity Facility in an amount sufficient to enable the Paying Agent to pay such Purchase Price entirely from the proceeds of such drawing. The Paying Agent shall make any drawing required under this subsection (b) in accordance with the terms of the such Liquidity Facility and deposit such moneys to the Bond Standby Purchase Fund Account so that immediately available funds will be available to the Paying Agent to pay the purchase price Purchase Price due on a Purchase Date or Mandatory Purchase Date by 3:00 p.m., New York City time, on the Purchase Date or Mandatory Purchase Date. (c) If, following any draw on a Liquidity Facility in accordance with its terms, the Trustee does not receive from the applicable Liquidity Facility Provider when due the full amount stated in such draw, the Paying Agent shall promptly submit another draw in the amount of any deficiency or, if nothing was received by the Paying Agent, in such full amount. (d) Upon receipt from the Liquidity Facility Provider of the proceeds of any drawing on the Liquidity Facility, the Paying Agent shall pay such proceeds to the Persons entitled thereto in accordance with the provisions hereof. (de) If, subsequent to any such draw to pay the Purchase Price of 2023 Series N-2 2018A-2 Bonds, the Paying Agent receives from the Remarketing Agent remarketing proceeds of 2023 Series N-2 2018A-2 Bonds for which such draw was made, the Paying Agent shall repay to the Liquidity Facility Provider in immediately available funds by 3:30 4:00 p.m., New York City time (so long as the Paying Agent has received such funds by 3:00 p.m., New York City time), on the day of receipt by the Paying Agent of such remarketing proceeds, an amount equal to such remarketing proceeds. Until otherwise so provided, all notices, certificates and communications to the initial Liquidity Facility Provider shall be addressed as follows, as applicable: Royal Bank of Canada Corporate Banking – Municipals 000 Xxxxx Xxxxxx, 12th Floor New York, NY 10281-8098 Attention: Xx. Xxxxxxx Xxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxx.xxx and Royal Bank of Canada Manager, Compliance Credit and Transaction Management, Transit #0000 000 Xxx Xxxxxx, Xxxxx Xxxx Xxxxx 12th Floor, South Tower Toronto, Ontario M5J 2J5 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: XxxxxxxXxxxxxxxxx-XXX@xxxxx.xxx So long as the 2023 Series N-2 Bonds bear interest in the Weekly Mode, the Trustee shall be the Paying Agent.