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"Redemption Account." All money in the Redemption Account shall be held in trust by the Trustee and shall be applied, used and withdrawn only for the purposes authorized in this section. Any Net Proceeds which, in accordance with a Written Request of the City delivered to the Trustee pursuant to Section 6.05, are to be used to redeem Bonds and all prepayments of Base Rental by the City pursuant to Section 5.05 of the Lease shall be deposited by the Trustee in the Redemption Account. The Trustee shall, on the scheduled redemption date, withdraw from the Redemption Account and pay to the Owners entitled thereto an amount equal to the redemption price of the Bonds to be redeemed on such date. (e) Capitali7ed Interest Account. In addition to the above accounts, the Trustee shall establish and maintain within the Revenue Fund a special account designated the "Capitalized Interest Account." All money in the Capitali7ed Interest Account shall be held in trust by the Trustee and shall be applied, used and withdrawn only for the purposes authorized in this Section. There shall be deposited in the Capitalized Interest Account that portion of the proceeds of the 1994 Bonds required to be deposited therein pursuant to Section 4.03 hereof. Prior to receiving a Certificate of Completion, on or prior to each of the following Interest Payment Dates, the Trustee shall transfer money from the Capitalized Interest Account to the Interest Account the amounts specified below: Interest Payment Date Amount January 1, 1995 $5,240,320.14 July 1, 1995 3,188,888.75 Notwithstanding anything herein to the contrary, amounts, if any, remaining in the Capitalized Interest Account on the date the Trustee receives a Certificate of Completion shall be transferred first to the Reserve Account to the extent necessary to make the amount on deposit therein equal to the Reserve Requirement and thereafter any excess shall be transferred to the Revenue Fund. Following the transfer of all amounts remaining in the Capitali7ed Interest Account, the Trustee shall close such account. (t) Any delinquent Base Rental payments and any proceeds of rental interruption insurance with respect to the Leased Property shall be applied first to the Interest Account for the immediate payment of interest payments past due and then to the Principal Account for immediate payment of principal payments past due according to the tenor of any Bond, and then to the Reserve Account to the extent necessary to make the amount on deposit therein equal to the Reserve Requirement. Any remaining money representing delinquent Base Rental payments and any proceeds of rental interruption LA1-63221.5 39