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<br />price from the Participant for its Participation, the Originator will mark in its records <br />such Participation and the aggregate amount of the Participant's Participations in all <br />outstanding loans under Equipment Loan I. Such notations shall be presumed to be <br />accurate until the contrary is established. H at any time the Participant shall request <br />5 an accounting, the Originator shall promptly furnish such an accounting to the <br />Participant in writing. <br /> <br />IV. <br />10 REMTIITANCEOFCOLLECTIONS <br /> <br />All amounts received by the Originator on account of Equipment Loan <br />I from whatsoever source said amounts are derived, shall be applied, firlit. to the <br />payment of the Originator's expenses that are reimbursable under Paragraph vm <br />15 hereof; ~Ildr to the payment of any penalties and late charges; third, to the <br />payment of interest due on Equipment Loan I; fourth, to the repayment of principal <br />of Equipment Loan I; and last, if any surplus remains, to the Borrower or its <br />successors or assigns, or as a court of competent jurisdiction may direct. The <br />Originator shall receive all payments of penalties, late charges and interest on, and <br />20 all repayments of principal of Equipment Loan I, including the proceeds of any <br />collection, as agent for the benefit of itself and the Participant and shall remit to the <br />Participant its Participation Percentage of all such amounts so received, and <br />following such remittances the Originator shall also mark its records to reflect such <br />remittances, which notations shall be presumed to be accurate until the contrary is <br />25 established. All such remittances from the Originator to the Participant shall be <br />made as soon as practicable, but in no event later than (i) if such payment is received <br />by 2:00 P.M. (Saint Paul time) on any business day of the Originator, the close of <br />business on such business day and (ii) if such payment is received after 2:00 P.M. <br />(Saint Paul time) on any business day, 11:00 A.M. (Saint Paul time) on the next <br />30 succeeding business day of the Originator. <br /> <br />V. <br />PRO RATA TREATMENT <br /> <br />35 a. In the event the Participant shall receive and retain (i) any <br />voluntary payment [4] ^in excess the aggregate outstanding amount of the <br />Participations purchased by Participant hereunder [5] ^or (ii) any involuntary <br />payment, whether by set-off, application of deposit balance or otherwise, [6] ^m <br />excess of the Participations purchaseq bv Participant hereunder, then the Participant <br />4 0 shall [7] ^pav over sl!~h excess amounts to the Originator; provided, however, that if <br />such payment or any part thereof is thereafter recovered from the Participant, the [8] <br />I^amounts so paid over to the Originator shall be [9] ^revaid ratably [10] ^to the [11] <br />^ Partici Dan 1. <br /> <br />-4- <br />