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<br /> <br /> <br /> <br /> <br /> <br /> with respect to which such deposit is made shall have been <br /> paid or the payment thereof provided for to the satisfaction <br /> of such paying agent. At such time as a Bond or Additional <br /> Parity Revenue Bond shall be deemed to be paid hereunder, as <br /> aforesaid, it shall no longer be secured by or entitled to <br /> the benefits of this Ordinance or a lien on and pledge of <br /> the Pledged Revenues, and shall be entitled to payment <br /> solely from such money or Government Obligations. <br /> (b) That any moneys so deposited with a paying agent <br /> may at the direction of the Issuer also be invested in <br /> Government Obligations, maturing in the amounts and times as <br /> hereinbefore set forth, and all income from all Government <br /> Obligations in the hands of the paying agent pursuant to <br /> this Section which is not required for the payment of the <br /> Bonds and Additional Parity Revenue Bonds, the redemption <br /> premium, if any, and interest thereon, with respect to which <br /> such money has been so deposited, shall be turned over to <br /> the Issuer or deposited as directed by the Issuer. <br /> Section 23. ADDITIONAL PARITY REVENUE BONDS. (a) <br /> That the Issuer shall have the right and power at any time <br /> and from time to time, and in one or more Series or issues, <br /> to authorize, issue, and deliver additional parity revenue <br /> bonds (herein called "Additional Parity Revenue Bonds"), in <br /> accordance with law, in any amounts, for any lawful purpose, <br /> including the refunding of any Bonds, Additional Bonds, <br /> Prior Lien Additional Bonds, or other obligations. Such <br /> Additional Parity Revenue Bonds, if and when authorized, <br /> issued, and delivered in accordance with this Ordinance, may <br /> be either (1) bonds payable from and secured by an irrevoca- <br /> ble first lien on and pledge of the Pledged RPVenues ("Prior <br /> Lien Additional Bonds"), or (2) bonds payable from and <br /> secured by an irrevocable lien on and pledge of the Pledged <br /> Revenues subject and subordinate only to any Prior Lien <br /> Additional Bonds then outstanding or thereafter issued <br /> ("Additional Bonds") with such Additional Bonds to be on a <br /> parity in all respects with the Bonds, all as hereinafter <br /> provided. <br /> (b) Prior Lien Additional Bonds, if and when author- <br /> ized, issued, and delivered in accordance with this Ordi- <br /> nance, shall be payable from the Prior Lien Additional Bonds <br /> Account in the Interest and Sinking Fund, and shall be <br /> payable from and secured by an irrevocable first lien on and <br /> pledge of the Pledged Revenues, equally and ratably on a <br /> parity with all other Prior Lien Additional Bonds. Also, <br /> all Prior Lien Additional Bonds shall be additionally <br /> secured equally and ratably by the Prior Lien Reserve Fund, <br /> as provided in Sections 11 and 17 hereof. <br /> (c) Additional Bonds, if and when authorized, issued, <br /> and delivered in accordance with this Ordinance, shall be <br /> 32 <br />