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Upon the earlier of the date six months after the Closing Date for the related Series of Bonds or the date of receipt of a Certificate of the Authority stating that all Costs of Issuance have been paid, the Trustee shall transfer any amounts then remaining in the Costs of Issuance Fund to the Reserve Account to the extent necessary to make the amount on deposit therein equal to the Reserve Requirement and any amount remaining thereafter in the Costs of Issuance Fund shall be transferred to the Acquisition Fund; provided that investment earnings or equivalent amount may be transferred to the Rebate Fund as provided in Section 6.04. ARTICLE V REVENUES SECTION 5.01. Pledge of Revenues. All Revenues and amounts on deposit in the funds and accounts established hereunder (other than amounts on deposit in the Rebate Fund created pursuant to Section 6.04) are hereby irrevocably pledged to the payment of the interest on and principal of the Bonds as provided herein, and the Revenues shall not be used for any other purpose while any of the Bonds remain Outstanding; provided, however, that out of the Revenues there may be allocated such sums for such purposes as are expressly permitted by Section 5.03. In order to secure the pledge of the Revenues contained in this Section 5.01, the Authority hereby transfers, conveys and assigns to the Trustee, for the benefit of the Owners, all of the Authority's rights under the Ground Lease and the Lease (excepting its right to indemnification and payment of fees and expenses thereunder), including the right to receive Base Rental payments from the City, the right to receive any proceeds of insurance maintained thereunder or any condemnation award rendered with respect to the Insect Property and the right to exercise any remedies provided therein in the event of a default by the City thereunder. Subject to the provisions of this Indenture, the Trustee hereby accepts said assignment for the benefit of the Owners. The Trustee shall be entitled to and shall receive all of the Revenues, and any Revenues collected or received by the Authority shall be deemed to be held, and to have been collected or received, by the Authority as agent of the Trustee and shall forthwith be paid by the Authority to the Trustee. SECTION 5.02. Receipt and Deposit of Revenues in the Revenue Fund. In order to carry out and effectuate the pledge contained herein, the Authority agrees and covenants that all Revenues when and as received shall be received in trust hereunder for the benefit of the Owners and shall be deposited when and as received in the Revenue Fund. All Revenues shall be accounted for through and held in trust in the Revenue Fund, and the Authority shall have no beneficial right or interest in any of the Revenues except only as herein provided. All Revenues, whether received by the Authority in trust or deposited with the Trustee as herein provided, shall nevertheless be allocated, applied and disbursed solely to the purposes and uses hereinafter in this Article set forth, and shall be LAI-63221.5 36