Common use of References to the Bank Clause in Contracts

References to the Bank. After the establishment of a Fixed Rate for the Bonds and upon receipt by the Trustee of notice from the Bank that all amounts payable to the Bank with respect to draws under the Letter of Credit have been received, all references in the Indenture to the Bank shall be ineffective.

References to the Bank. After the establishment of a Fixed Rate for the Bonds and upon receipt by the Trustee of notice from the Bank that all amounts payable to the Bank with respect to draws under the Letter of Credit have been received, all references in the Indenture this Participation Agreement to the Bank shall be ineffective.