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the bond register. In addition to the execution and delivery of a Representation Letter, the Authority and the Trustee shall take such other actions, not inconsistent with this Indenture, as are reasonably necessary to qualify Book-Entry Bonds for the Depository's book-entry program. In the event (i) the Depository determines not to continue to act as securities depository for any Series of Book-Entry Bonds, or (ii) the Depository shall no longer so act and gives notice to the Trustee of such determination, then the Authority will discontinue the book-entry system with the Depository. If the Authority determines to replace the Depository with another qualified securities depository, the Authority shall prepare or direct the preparation of a new single, separate, fully registered Bond for each of the maturities of such Book-Entry Bonds, registered in the name of such successor or substitute qualified securities depository or its nominee. If the Authority fails to identify another qualified securities depository to replace the Depository, then the Bonds shall no longer be restricted to being registered in such bond register in the name of the Nominee, but shall be registered in whatever name or names Owners transferring or exchanging such Bonds shall designate, in accordance with provisions of Article II hereof. The Trustee shall deliver such certificates representing the 1994 Bonds to the persons in whose names the 1994 Bonds are so registered. Such delivery in the case of the ARS and the IRS shall be made on the Business Day immediately preceding the first day of an Auction Period. Notwithstanding any other provision of this Indenture to the contrary, so long as any Book-Entry Bond is registered in the name of the Nominee, all payments with respect to principal of, premium, if any, and interest on such Bond and all notices with respect to such Bond shall be made and given, respectively, as provided in the Representation Letter or as otherwise instructed by the Depository. ARTICLE IV ESTABLISHMENT OF FUNDS; DEPOSIT AM) APPLICATION OF PROCEEDS SECTION 4.01. Establishment of Funds. The Trustee shall establish the following special trust funds, which the Trustee agrees to maintain and keep separate and apart from all other funds and moneys held by the Trustee so long as the Bonds are Outstanding: the "Santa Ana Financing Authority Police Facility Lease Revenue Bond Revenue Fund" (the "Revenue Fund"), the "Santa Ma Financing Authority Police Facility Lease Revenue Bond Acquisition Fund" (the "Acquisition Fund") and the "Santa Ma Financing Authority Police Facility Lease Revenue Bond Costs of Issuance Fund" (the "Costs of Issuance Fund"). So long as any of the Bonds, or any interest thereon, remain unpaid, the moneys in the foregoing funds shall be used for no purpose other than those required or permitted by this Indenture. LAI-63221.5 33