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85- 00630 Company hereby agrees that, in order to effectuate the purposes of this Agreement, it will make, execute, acknowledge and deliver any contracts, orders, receipts, writings and instructions with any other person, firms or corporations and in general do all things which may be requisite or proper, all for completing the Project. Company agrees that it will complete the acquisition, con- struction, improving and equipping of the Project as promptly as practicable, substantially in accordance with plans and specifications for the Project approved by Company as such plans and specifications are identified and further detailed in the work orders of Company relating to the Project, including any and all supplements, amendments and additions to such plans and specifications and work orders, and in accordance with change orders approved in writing by Company from time to time prior to the Completion Date. Company agrees that said plans and specifications and all changes thereto will provide for the construction of facilities constituting a "project" as defined by the Act. In the event of material default of any contractor or subcontractor under any construction contract or any other contract made in connection with the Project, or in the event of a material breach of warranty with respect to any materials, workmanship or performance, Company will promptly proceed, either separately or in conjunction with others, to pursue diligently the remedies of Company against the contractor or subcontractor in default and against each surety on any bond securing the performance of such contract. Section 4.2. Agreement to Issue Series 1985 Bonds; Appli- cation of Proceeds. In order to provide funds for payment of the Eligible Costs, Issuer, concurrently with the execution and delivery of this Agreement, will issue, sell and deliver to the Original Purchaser the Series 1985 Bonds, the proceeds of which will be deposited pursuant to the provisions of Article V of the Indenture. Section 4.3. Disbursements from the Construction Fund. Issuer has, in the Indenture, authorized and directed Trustee to make disbursements from the Construction Fund for the payment of Eligible Costs required by the provisions of this Agreement. Such disbursements shall be made upon receipt by Trustee of a certificate signed by Company Representative which shall contain, as appropriate, the following% (i) A statement of the amount and nature and the name and address of the payee of each item of Eligible -ls- a U