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TABLE OF CONTENTS <br />Page <br />ARTICLE I <br />DEFINITIONS; AUTHORIZATION AND PURPOSE OF BONDS; EQUAL SECURITY <br />SECTION 1.01 <br />Definitions .................................................................................................. <br />2 <br />SECTION 1.02 <br />Rules of Construction.............................................................................. <br />13 <br />SECTION 1.03 <br />Authorization and Purpose of Series 2019 Bonds ................................... <br />13 <br />SECTION 1.04 <br />Equal Security.......................................................................................... <br />13 <br />ARTICLE H <br />ISSUANCE OF SERIES 2019 BONDS <br />SECTION 2.01 <br />Terms of Series 2019 Bonds.................................................................... <br />13 <br />SECTION 2.02 <br />Terms of Redemption.............................................................................. <br />14 <br />SECTION 2.03 <br />Form of Series 2019 Bonds...................................................................... <br />17 <br />SECTION 2.04 <br />Execution of Series 2019 Bonds.............................................................. <br />17 <br />SECTION 2.05 <br />Transfer of Series 2019 Bonds................................................................. <br />17 <br />SECTION 2.06 <br />Exchange of Series 2019 Bonds.............................................................. <br />18 <br />SECTION 2.07 <br />Temporary Series 2019 Bonds................................................................. <br />18 <br />SECTION 2.08 <br />Bond Registration Books......................................................................... <br />18 <br />SECTION 2.09 <br />Series 2019 Bonds Mutilated, Lost, Destroyed or Stolen ........................ <br />18 <br />SECTION 2.10 <br />Book Entry System.................................................................................. <br />19 <br />ARTICLE III <br />ISSUE OF SERIES 2019 BONDS; ADDITIONAL OBLIGATIONS <br />SECTION 3.01 <br />Issuance of Series 2019 Bonds................................................................ <br />20 <br />SECTION 3.02 <br />Application of Proceeds of Sale of Series 2019 Bonds; Transfers <br />from the 2007 Trust Agreement............................................................... <br />21 <br />SECTION 3.03 <br />Cost of Issuance Fund.............................................................................. <br />21 <br />SECTION 3.04 <br />Issuance of Additional Obligations.......................................................... <br />21 <br />SECTION 3.05 <br />Validity of Series 2019 Bonds................................................................. <br />21 <br />ARTICLE IV <br />PLEDGE OF GAS TAX REVENUES; FUNDS AND ACCOUNTS <br />SECTION 4.01 <br />Pledge of Gas Tax Revenues, Gas Tax Fund ........................................... <br />22 <br />SECTION 4.02 <br />Receipt and Deposit of Revenues............................................................ <br />22 <br />SECTION 4.03 <br />Establishment of Funds and Accounts and Allocation of Revenues <br />Thereto..................................................................................................... <br />22 <br />SECTION 4.04 <br />Application of Debt Service Fund........................................................... <br />25 <br />SECTION 4.05 <br />Investments.............................................................................................. <br />25 <br />SECTION 4.06 <br />Valuation; Investments............................................................................ <br />26 <br />SECTION 4.07 <br />Municipal Bond Insurance....................................................................... <br />26 <br />55394.00055\32329348.3 _i_ <br />55A-67 <br />