Laserfiche WebLink
<br />-ii- <br />ARTICLE VI <br />COVENANTS OF THE AGENCY <br />SECTION 6.01. Punctual Payment ............................................................................................... 28 <br />SECTION 6.02. Extension of Payment of Bonds .......................................................................... 28 <br />SECTION 6.03. Against Encumbrances ....................................................................................... 28 <br />SECTION 6.04. Power to Issue Bonds and Make Pledge and Assignment ................................. 28 <br />SECTION 6.05. Accounting Records ............................................................................................ 28 <br />SECTION 6.06. Limitation on Additional Obligations .................................................................... 28 <br />SECTION 6.07. Tax Covenants .................................................................................................... 29 <br />SECTION 6.08. Enforcement of Lease ......................................................................................... 29 <br />SECTION 6.09. Waiver of Laws ................................................................................................... 29 <br />SECTION 6.10. Further Assurances ............................................................................................. 29 <br /> <br />ARTICLE VII <br />EVENTS OF DEFAULT AND REMEDIES <br />SECTION 7.01. Events of Default ................................................................................................. 31 <br />SECTION 7.02. Acceleration; Other Remedies. ........................................................................... 31 <br />SECTION 7.03. Application of Revenues and Other Funds After Default .................................... 32 <br />SECTION 7.04. Trustee to Represent Bond Owners ................................................................... 32 <br />SECTION 7.05. Limitation on Bond Owners’ Right to Sue ........................................................... 33 <br />SECTION 7.06. Absolute Obligation of Agency ............................................................................ 33 <br />SECTION 7.07. Termination of Proceedings ................................................................................ 33 <br />SECTION 7.08. Remedies Not Exclusive ..................................................................................... 33 <br />SECTION 7.09. No Waiver of Default ........................................................................................... 34 <br /> <br />ARTICLE VIII <br />THE TRUSTEE <br />SECTION 8.01. Appointment of Trustee ....................................................................................... 35 <br />SECTION 8.02. Acceptance of Trusts; Removal and Resignation of Trustee .............................. 35 <br />SECTION 8.03. Merger or Consolidation ...................................................................................... 36 <br />SECTION 8.04. Liability of Trustee ............................................................................................... 36 <br />SECTION 8.05. Right to Rely on Documents ............................................................................... 38 <br />SECTION 8.06. Preservation and Inspection of Documents ........................................................ 39 <br />SECTION 8.07. Compensation and Indemnification ..................................................................... 39 <br /> <br />ARTICLE IX <br />MODIFICATION OR AMENDMENT HEREOF <br />SECTION 9.01. Amendments Permitted ...................................................................................... 40 <br />SECTION 9.02. Effect of Supplemental Indenture ........................................................................ 41 <br />SECTION 9.03. Endorsement of Bonds; Preparation of New Bonds ........................................... 41 <br />SECTION 9.04. Amendment of Particular Bonds ......................................................................... 41 <br /> <br />ARTICLE X <br />DEFEASANCE <br />SECTION 10.01. Discharge of Indenture ...................................................................................... 42 <br />SECTION 10.02. Unclaimed Funds .............................................................................................. 42 <br /> <br />ARTICLE XI <br />MISCELLANEOUS <br />SECTION 11.01. Liability of Authority Limited to Revenues. ........................................................ 43 <br />SECTION 11.02. Limitation of Rights to Parties and Bond Owners ............................................. 43 <br />Page 15 of 205