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-39- <br />Section 6.05. Preservation and Inspection of Documents. All documents received by the <br />Trustee under the provisions of this Indenture shall be retained in its possession and shall be <br />subject at all reasonable times upon reasonable notice to the inspection of the Successor <br />Agencyand any Owner, and their agentsand representatives duly authorized in writing, during <br />regular business hours and under reasonable conditions. <br />Section 6.06. Compensation and Indemnification. The Successor Agencyshall pay to <br />the Trustee from time to time reasonable compensation for all services rendered under this <br />Indenture in accordance with the letter proposal from the Trustee approved by the Successor <br />Agencyand also all reasonable expenses, charges, legal and consulting fees and other <br />disbursements and those of its attorneys (including the allocated costs and disbursement of in- <br />house counsel to the extent such services are not redundant with those provided by outside <br />counsel), agents and employees, incurred in and about the performance of its powers and <br />duties under this Indenture. The Trustee shall have a first lien on the Tax Revenues and all <br />funds and accounts held by the Trustee hereunder to secure the payment to the Trustee of all <br />fees, costs and expenses, including reasonable compensation to its experts, attorneys and <br />counsel (including the allocated costs and disbursement of in-house counsel to the extent such <br />services are not redundant with those provided by outside counsel). <br />The Successor Agencyfurther covenants and agrees to indemnify, defend and save the <br />Trustee and its officers, directors, agents and employees, harmless from and against any loss, <br />expense and liabilities which it may incur arising out of or in connection with the exercise and <br />performance of its powers and duties hereunder, including the costs and expenses of defending <br />against any claim of liability, but excluding any and all losses, expenses and liabilities which are <br />due to the negligence or intentional misconduct of the Trustee, its officers, directors, agents or <br />employees. The obligations of the Successor Agencyand the rights of the Trustee under this <br />Section 6.06 shall survive resignation or removal of the Trustee under this Indenture and <br />payment of the Bonds and discharge of this Indenture. <br />Section 6.07. Deposit and Investment of Moneys in Funds. Moneys in the Debt <br />Service Fund, the Interest Account, the Principal Account, the Sinking Account, the Reserve <br />Accountand the Costs of Issuance Account shall be invested by the Trustee in Permitted <br />Investments as directed by the Successor Agencyin the Written Request of the Successor <br />Agencyfiled with the Trustee at least two (2) Business Days in advance of the making of such <br />investments. In the absence of any such Written Request of the Successor Agency, the Trustee <br />shall invest any such moneys in Permitted Investments described in clause (d) of the definition <br />thereof, which by their terms mature prior to the date on which such moneys are required to be <br />paid out hereunder. The Trustee shall be entitled to rely conclusively upon the written <br />instructions of the Successor Agencydirecting investments in Permitted Investments as to the <br />fact that each such investment is permitted by the laws of the State, and shall not be required to <br />make further investigation with respect thereto. Moneys in the Redevelopment Obligation <br />Retirement Fundmay be invested by the Successor Agencyin any obligations in which the <br />Successor Agencyis legally authorized to invest its funds. Obligations purchased as an <br />investment of moneys in any fund shall be deemed to be part of such fund or account. All <br />interest or gain derived from the investment of amounts in any of the funds or accounts held by <br />the Trustee hereunder shall be deposited in the Interest Account. The Trustee may act as <br />principal or agent in the acquisition or disposition of any investment and may impose its <br />customary charges therefor. The Trustee shall incur no liability for losses arising from any <br />investments made at the direction of the Successor Agencyor otherwise made pursuant to this <br />Section.