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capital needs can be met within the five-year period covered by the capital assessment plan. The Monthly <br /> Deposit (initially $[5,000] a month commencing in [July 2023]) to the Repair and Replacement Reserve <br /> Fund shall be increased as necessary to an amount sufficient to satisfy such needs in equal monthly <br /> installments over the five-year period covered by the capital assessment plan. The Company is required to <br /> furnish a written certification as to the recalculated Monthly Deposit to the Trustee upon which the Trustee <br /> will be entitled to fully rely. <br /> Defeasance <br /> Upon certain terms and conditions specified in the Indenture,including provisions for the payment <br /> of such Series 2022 Bonds, the Series 2022 Bonds or portions thereof will be deemed to be paid and the <br /> security provided in the Indenture and the Mortgage may be discharged prior to maturity or redemption of <br /> the Series 2022 Bonds. In that case,the Series 2022 Bonds will be secured solely by the cash and securities <br /> deposited with the Trustee for such purpose. <br /> (The remainder of this page is intentionally left blank.) <br /> 22 <br />