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y . . . . � � . � � � � , `��z�: . � � . . . . . {i•. . _ � ,�� . :'„=,�,J�. ` �, � � � . L , t ` � � ' 76- 00651 ? � � Lessee , he deoosited with the Trustee in a speci2l trust account ' ;f and invested or reinvested by the Trustee in investments permitted by Section 4 . 3 hereof sub � ect to the Lessee ' � right to receive s the same pursuant to Section o . l ( a ) and � . 2 ( a ) hereof . An,y such ; � Net Proceeds not so paid to the Lessee shall be deposited in the `.:; Optional Redemption Fund established by the Indenture . ��; � �RTICLE VII .i Other Covenants of the Lessee � , ;,; 5ection 7 . 1 . ��aintenance of Cor orate �xistence and Status . The Lessee 2grees tFiat it ;vi , at a 1 times ma ntain ts ex stence . � as a nonorofit corporatSen and th � t it will take no action or suffer �' any action to be taken by otiiers which will alter , change or destroy its status as a nonpro £it corporation or �ts status as an organi- � zation described in Section �0 '_ ( c ) ( 3 ) � !' the l:lt8 _^TIEil Revenue Code � i� of 195 � , as 2mended , and exer�ot _` :om federal inc�me ta�ation under �:: `< Section 541 ( a ) af s2id Code ( cr �ny successor sections of a sub - seauent federal income tax statute or code ) . The �essee further " covenants that none of { ts revenues , incor�e or nrofits , whether �� reali � ed or unreali � ed , .aill Ue distribuzed to any of its members , -* or inure to the benefit of an�� private person : association or corpo- � :� :x ration , other thaa for tne lawful Ce :po !`3te purp� ses of the Lessee ; provided , hoti+rerer , th2t �he Lessee may pa�� * o any person , asso- � ciation or cornoration �?� e value of any service or product performed �; for or supplied � o the Lessee by sucn person , association or �i � corgoration . � The Lessee further a �rees that it will not act in any other manner which StOII �G cuVZSS2 �}' � i �C' Ct � �? e � 2X irL' Z ri3LLI'e f02` reC�E' I'31 � :� incor�e tax purpeses of tne interest earned b ;: the holders of the F�onds . �J , � Section 7_� . e ^ �� ^ . � *- c , Tne Lessee is and throughout � the term of this Lease aill :e;�ain duly qualifie � to �io business as � a nonprofit corporaiicn ir. ;;��braska , and ti� ill maintain its corporate �" existence and will not cissolve or ot '.� ertiaise dispose of all or ` substantially all of its assets snd ��rili i� ot eonsolidate with or ; nerge into any ot?� � ^ corpor� iion ; p^ovided , ilo��. ever , that the `, �essee may consolidate witn o ^ :ner �e into any other nonprofit ' corpor2tion if at the time e ? ::�� such r:ereer or c � nsolidation and ' after � ivin� ef �ect thereto : ,�� ` ( a ) the Lessee er trie other corporation surviving such mer�er or consoli3ation tth � " Surviving Co :poration " ) shall be an - org2ni � ation describeri in Section � O1 ( c ) ( 3 ? of the Internal Revenue ;` Code of 1954 , as anended , and exempt from federal income taxation R ;�t under Section 501 ( a ) of said Code lo ^ � ny successor sections of a subsequent federal income tax statu� e or cone ) ; ; ,, � =`! ;; ;'i <.> ; - � : - �-;.� r + a ~ 1� ., . . . : . .. . . : . . : .: � _ I , ` , _1 � � < , e � J �