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- ' • <br /> TABLE OF CONTENTS <br /> PaQe <br /> ARTICLE I DEFINTTIONS 2 <br /> Section 1.01. Definitions.............................................. .. .............2 <br /> . .................................... <br /> ARTICLE II ACQUISIT'ION OF THE PROJECT.......................................................................6 <br /> Section 2.01. Purchase and Sale of the Project. ......................... ....,..._,.,,,,,,,,( <br /> ................... <br /> Section2.02. [Reserved]. .................................................................................................6 <br /> Section 2.03. Indemnification and Expenses of Authority...............................................6 <br /> Section 2.04. Authority not Liabie......................................................... .....7 <br /> ..................... <br /> Section 2.05. Disclaimer of the Authority.................... .. <br /> . .................................................7 <br /> ARTICLE IlI INSTALLMENT PAYMENTS, REVENUES AND ACCOUNTS.......................7 <br /> Section 3.01. Payment of the Installment Payments................................ � ......7 <br /> ................... <br /> Section 3.02. Interest Component of the Tnstallment Payments................... ......g <br /> .............. <br /> Section 3.03. Establishment of Accounts.........................................................................8 <br /> Section 3.04. Pledge of Net Revenues and Other Funds;Revenue Fund........................8 <br /> Section 3.05. Receipt and Deposit of Gross Revenues. ................. .....,,,,,,g <br /> ....................... <br /> Section 3_06. Establishment and Maintenance of Accounts for Gross Revenues; <br /> Use and Withdrawal of Gross Revenues....................................................9 <br /> Section 3.07. Certain Necessary Transfers............................................. ................ 10 <br /> • - <br /> ARTTCLE N DEPOSITS; ADDTTIONAL CONTRAC'I'S AND BONDS ............... <br /> ................ 10 <br /> Section 4.01. Deposits to Payment Fund.......................... <br /> ............................................. <br /> Section4_02. Reserve Fur�d. .......................................................................................... I 1 <br /> Section 4.03. Parity Obligations. .................................:.. <br /> ............................................... 11 <br /> ARTICLE V REPRESENTATIONS, COVENANTS AND WARRANTIES........................... 12 <br /> Section 5.01. Compliance with Installment Purchase Contract. .................................... 12 <br /> Section 5.02_ Against Encumbrances..................................................... ....... 13 <br /> ................. <br /> Section 5_03. Against Sale or Other Disposition of Property......................................... 13 <br /> Section 5.04. Against Competitive Facilities.............:........................... ..... 13 <br /> ................... <br /> Section 5.05. Tax Covenants............................................................ --•---.... 13 <br /> .................... <br /> Section 5.06. Prompt Acquisition................................................................................... 14 <br /> Section 5.07. Maintenance and Operation of the Enterprise;Budgets........................... 14 <br /> Section 5.08. Payment of Claims. ..................................................................................14 <br /> Section 5.09. Compliance with Contracts.............................................................. .... 14 <br /> .... <br /> Section5.10. Insurance................................................................................................... 15 <br /> Section 5.11. Books and Accounts; Financial Statements ..................:.......................... 16 <br /> Section 5.12. Protection of Security and Rights of Authority................:....................... 17 <br /> Section 5.13. Payment of Taxes and Compliance with Governmental Regulations...... 17 <br /> Section 5.14. Amount of Rates and Charges..................................................................17 <br /> Section 5.15. Operation of Enterprise;Collection of Rates and Charges.......................18 <br /> Section 5.16. Eminent Domain Proceeds.--•............................................... ...............19 <br /> ..... <br /> Section 5.17. Further Assurances......................................... <br /> .......................................... 19 <br /> Section 5.18. Release and Indemnification Covenants............................... ... 19 <br /> ................. <br /> Section 5.19. Further Representations,Covenants and Warranties of the City..............20 <br /> Secuon 5.20. Representations,Covenants and Warranties of the Authority..................21 <br /> ,338529_I.DOC <br />