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accounted for separately and apart from all other accounts, funds, money or other resources of the Authority. SECTION 5.03. Establishment and Maintenance of Accounts for Use of Money in the Revenue Fund. Subject to Section 6.04, all money in the Revenue Fund shall be set aside by the Trustee in the following respective special accounts within the Revenue Fund (each of which is hereby created and each of which the Trustee hereby covenants and agrees to maintain) in the following order of priority: (a) Interest Account, (b) Principal Account; and (c) Reserve Account. All money in each of such accounts shall be held in trust by the Trustee and shall be applied, used and withdrawn only for the purposes hereinafter authorized in this section. (a) Interest Account. On or before each Interest Payment Date, the Trustee shall set aside from the Revenue Fund and deposit in the Interest Account that amount of money which, together with any money contained in the Interest Account, is equal to the aggregate amount of interest becoming due and payable on all Outstanding Bonds on such Interest Payment Date. No deposit need be made in the Interest Account if the amount contained in the Interest Account is at least equal to the aggregate amount of interest becoming due and payable on all Outstanding Bonds on such interest payment date. All money in the Interest Account shall be used and withdrawn by the Trustee solely for the purpose of paying the interest on the Bonds as it shall become due and payable (including accrued interest on any Bonds purchased or redeemed prior to maturity). (b) Principal Account. On or before July 1 of each year, beginning on July 1, 2001, the Trustee shall set aside from the Revenue Fund and deposit in the Principal Account an amount of money equal to the aggregate principal amount or Accreted Value of all Outstanding Serial Bonds maturing on such July 1 plus the aggregate principal amount or Accreted Value of all sinking fund payments required to be made with respect to the Term Bonds on such July 1. No deposit need be made in the Principal Account if the amount contained therein is at least equal to the aggregate amount of the principal or Accreted Value of all Outstanding Serial Bonds maturing by their terms on such July 1 plus the aggregate principal amount or Accreted Value of all sinking fund payments required to be made on such July 1 for all Outstanding Term Bonds. The Trustee shall establish and maintain within the Principal Account a separate sinking account for Term Bonds (the "Sinking Account"). On each mandatory sinking account payment date established for such Sinking Account, the Trustee shall apply the mandatory sinking account payment required on that date to the redemption (or payment at maturity, as the case may be) of Term Bonds upon the notice and in the manner provided LA1-63221.5 37