Laserfiche WebLink
85-- <br />006350 <br />Independent Counsel or Trustee for perfection of and continu- <br />ance of the perfection of the security interests created by <br />this Agreement and the Indenture. <br />Section 7.5. Further Assurance and Corrective Instruments. <br />Issuer and Company agree that they will, from time to time, <br />execute, acknowledge and deliver, or cause to be executed, <br />acknowledged and delivered, such supplements hereto and such <br />further instruments as may reasonably be required for <br />correcting any inadequate or incorrect description of the <br />Project or for carrying out the expressed intention of this <br />Agreement. <br />Section 7.6. Issuer and Company Representatives. Whenever <br />under the provisions of this Agreement the approval of Issuer <br />or Company is.required or Issuer or Company are required to <br />take some action at the request of the other, such approval or <br />such request shall be given for Issuer by Issuer Representative <br />and for Company by Company Representative and any party hereto <br />and Trustee shall be authorized to act on any such approval or <br />request and no party hereto shall have any complaint against <br />any other party or against Trustee as a result of any such <br />action taken. <br />Section 7.7. Use of Project. Company will use the Project <br />only in furtherance of lawful corporate purposes of Company. <br />The Company covenants that the proceeds of the Bonds are to be <br />used only with respect to the Project to be located within the <br />corporate boundaries of the Issuer; that the Company will be <br />the principal user of the Project within the meaning of Section <br />103(b)(6) of the Internal Revenue Code; and that there are no <br />outstanding obligations issued subsequent to April 30, 1968, of <br />any state, territory or possession of the United States, or any <br />political subdivision of the foregoing or of the District of <br />Columbia the proceeds of which have been or are to be used <br />primarily with respect to facilities located in the corporate <br />boundaries of the Issuer (outside the incorporated <br />municipalities in Hall County, Nebraska) and which are to be <br />used primarily by the Company (including any person related to <br />the Company within the meaning of Sections 103(b)(6)(C) and <br />103(b)(13) of the Internal Revenue Code). <br />-35- <br />Li <br />L .J <br />