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as a condition of the continued enjoyment of each and every franchise, right or privilege now <br /> owned or hereafter acquired by it, including their right to exist and carry on their respective <br /> businesses, to the end that such franchises, rights and privileges shall be maintained and <br /> preserved and shall not become abandoned,forfeited or in any manner impaired. <br /> Section 5.03. Prosecution and Defense of Suits. The Authority will promptly, upon <br /> request of the Trustee or any Owner, take such action from time to time as may be necessary or <br /> proper to remedy or cure any cloud upon or defect in the lien on the Revenues or any part thereof, <br /> whether now existing or hereafter developing, will prosecute all actions, suits or other <br /> proceedings as may be appropriate for such purpose and will indemnify and save the Trustee and <br /> every Owner harmless from all cost, damage, expense or loss, including attorneys' fees, which <br /> they or any of them may incur by reason of any such cloud, defect, action, suit or other � <br /> proceeding. <br /> Section 5.04. Accounting Records and Statements. The Trustee will keep proper <br /> accounting records in which correct entries shall be made of all transactions of the Trustee <br /> relating to the receipt, deposit and disbursement of the Installment Payments, and such <br /> accounting records shall be available for inspection by the Authority or any Owner or his or her <br /> agent duly authorized in writing on any Business Day upon reasonable notice at reasonable hours <br /> and under reasonable conditions prescribed by the Trustee. So long as any Bonds aze <br /> Outstanding, the Trustee will furnish each month to the Authority and any Owner,who may so <br /> request in writing (at the expense of such Owner) a statement covering the receipts, deposits and <br /> disbursements of the Installment Payments for the preceding monthly period; provided, that the � <br /> Trustee shall not be obligated to deliver an accounting for any fund or account that (i)has a <br /> balance of zero,or(ii)has not had any activity since the last reporting date. <br /> Section 5.05. Further Assurances. Whenever and so often as requested to do so by the <br /> ' Trustee or any Owner, the Authority will promptly execute and deliver or cause to be executed <br /> and delivered all such other and further assurances,documents or instruments and promptly do or <br /> cause to be done all such other and further things as may be necessary or reasonably required in <br /> order to further and more fully vest in the Trustee and the Owners all advantages, benefifs, <br /> interests, powers, privileges and rights conferred or intended to be conferred upon them by this <br /> Indenture. <br /> Section 5.06. A�ainst Encumbrances. The Authority hereby covenants that there is no <br /> pledg� of or lien on Revenues senior to the pledge and lien securing the Bonds. The Authority <br /> will not make any pledge of or place any lien on the Revenues, provided that the Authority may <br /> at any time, or from time to time, pledge or encumber the Revenues in connection with the <br /> issuance or execution of Additional Bonds as permitted by Section 2.12 hereof. <br /> Section 5.07. Punctual Pa ment. The Authority shall punctually pay or cause to be paid <br /> the principal of and interest on all the Bonds,in strict conformity with the terms of the Bonds and <br /> of this Indenture, according to the true intent and meaning thereof,but only out of Revenues and <br /> other assets pledged for such payment as provided in this Indenture. <br /> -28- <br /> 338471 1.DOC <br />