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I C , 7. Rental interruption insurance must be maintained in a dollar amount equal to the maximum 24 month debt service requirement (or, if not allowable, that portion of suc~ requirement that equates to the period required to rebuild the Leased Facility based on the original construction schedule and assuming a total loss). The policy must cite the project constructed with proceeds of the Insurer insured bonds (or, in an asset transfer, the appropriate asset). D. GENERAL CRITERIA 1. MBIA shall control and direct all Remedies in the Event of Default, and there shall be no Bond acceleration without MBIA's consent. 2. Bond Trustee bank capital plus surplus must equal at least $50 million and any substitution of the Trustee is subject to MBIA's written approval. 3. Any amendments which require bondholder consent shall also require MBIA's consent. MBIA must receive advance written notice of all amendments which require consent. All notices shall be sent to MBIA. 4. Full review and approval of all transaction documents by MBIA is required prior to closing. E. PERMISSIBLE INVESTMENTS FOR INDENTURED FUNDS OF LEASE TRANSACTIONS MBIA requires strict adherence to the permissible investments listed below. In addition to the following list of investments, any sta.te-administered pool investment fund in which the issuer is statutorily permitted or required to invest may be acceptable subject to the Insurer's approval. The Insurer will only approve investment funds which are acceptable to S&P and Moody's. To the extent that the Insurer varies from this agreed upon standard for any individual transaction, the Insurer will contact S&P and Moody's directly. Furthermore cash investments in the Debt Service Reserve Fund (DSRF) should be valued at fair market value and marked to market twice per year. DSRF investments may not have maturities extending beyond 5 years. The following investments may be included in the definition of Permitted Investments: 1. Direct obligations of the United States of America (including obligations issued or held in book-entry form on the books of the Department of the Treasury) or obligations the principal of and interest on which are unconditionally guaranteed by the United States of America. 2. Bonds, debentures, notes or other evidence of indebtedness issued or guaranteed by any of the following federal agencies and provided such obligations are backed by the full faith and credit of the United States of America (stripped securities aze only permitted if they have been stripped by the agency itsel fl: a. Farmers Home Administration (FmHA) Certificates of beneficial ownership b. Federal Housing Administration Debentures (FHA)