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2A4 <br />ARTICLE V. 81-1)U~~v'„' <br />Revenues And Funds <br />Section 501. Covenant as to Lease. The Issuer <br />covenants and agrees that it will not suf er, permit or take <br />any action or ''o anything or fail to take any action ar fail <br />to do anything which may result in the termination or <br />cancellation of the Lease or the Sublease; that it will <br />fulfill its obligations and will require the Company to <br />punctually perform its duties and obligations under the <br />Lease and will otherwise administer the Lease in accordance <br />with its terms to assure the continued operation, <br />management, repair and maintenance of the Project by the <br />Company, the Company's payment of the full rent thereunder <br />and the costs and expenses of operation, management, repair <br />and maintenance thereof in accordance with the terms of the <br />Lease; that it will not cancel or terminate the Lease or <br />cause it or the Sublease to be cancelled or terminated <br />except in strict accordance wi*_h their respective terms; <br />that it will promptly notify the Trustee of any actual or <br />alleged event of default under or breach of the Lease; and <br />will further notify the Trustee at least thirty {30) days <br />before the proposed date of effectiveness thereof of any <br />proposed termination, canc~_llation, revision or amendment of <br />the Lease; that it will not give written notice to the <br />Company of the termination of the Lease without the written <br />approval of the Trustee; that it will give such written <br />notice at the written request of the Trustee, as provided in <br />Section 8.02 of the Lease; that it will not reenter and take <br />possession of the Project under the Lease without the prior <br />approval of the Trustee; that it will not execute or agree <br />to any change, amendment or modification or supplement to <br />the Lease, except as provided in Sections 11.03 and 7.1.10 of <br />the Lease, or except by written agreement duly executed by <br />the Issuer and the Company with the approval of the Trustee <br />endorsed thereon or with the approval of the holders of not <br />less than sixty six and twa-thirds percent (66 2/3%) in <br />aggregate principal amount of the Bonds then outstanding, <br />evidenced in writing in such farm as the Trustee shall <br />prescribe and filed with the Trustee; and that it will not <br />agree to any abatement, reduction, abrogation, waiver, <br />diminution or other modification in any manner or t€~ any <br />extent whatsoever of the obligation of the Company to pay <br />the rent as provided in the Lease and to bear the costs of <br />repair, maintenance, operation and insurance on the Froject. <br />Section 502. Protection on Bondholders if Lease Term- <br />inated. The Issuer covenants to a Trustee at, in e <br />event the Lease shall be terminated or cancelled or the <br />Project shall be repossessed without termination of the <br />Lease, it will take prompt and reasonable action to assure <br />that the rights and interests of the holders of the Bonds in <br />the Project and Revenue are adequately protected and will <br />43 <br /> <br /> <br />