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amount shall have been fully paid and the City agrees to pay the same as set forth in Exhibit B hereto. In the event an Installment Payment is insufficient to make the payments of principal and interest represented by the Bonds on the next succeeding Interest Payment Date, due to investment losses incurred while on deposit in the Payment Fund or for any other reason,the City shall immediately pay to the Trustee upon notice therefrom additional amounts to cure such insufficiency. The obligation of the City to make the Installment Payments is absolute and unconditional, whether or not the Project shall be acquired, and until such time as all Installment Payments shall have been fully paid and the Bonds are no longer Outstanding (or provision for the payment thereof shall have been made pursuant to Article IX of the Indenture), the City will not, under any circumstances,discontinue, abate or suspend any Installment Payments required to be made by it under this Section 3.01 when due, whether or not the Enterprise or any part thereof is operating or operable or has been completed, or whether or not the Enteiprise is condemned, damaged, destroyed or seized or its use is suspended, interfered with, reduced or curtailed or terminated in whole or in part, and such payments shall not be subject to reduction whether by offset, counterclaim, defense, recoupment, abatement, suspension, deferment or otherwise and shall not be conditional upon the performance or nonperformance by any party of any agreement or covenant contained herein for any cause whatsoever. Section 3.02. Interest Component of the Installment Payments The Installment Payments include interest from the date of the respective series of Bonds until the payment of the principal thereof and the prepayment premiums, if any, thereon, shall have been made or provided for in accordance with the provisions of Article IX of the Indenture, whether at maturity, upon prepayment or otherwise. The interest component of the Installment Payments accrued from the date of the respective series of Bonds and from each Interest Payment Date to, but not including, the next succeeding Interest Payment Date shall be paid on each such succeeding Interest Payment Date and shall be computed on the basis of a year of�360 days and twelve 30-day months: Section 3.03. Establishment of Accounts. The funds and accounts and flow of funds set forth in this Article III are hereby � established and shall control to the extent inconsistent with any other terms of this Installment Purchase Contract or the Indenture: Section 3.04. Pledee of Net Revenues and Other Funds• Revenue Fund The City hereby irrevocably pledges all of the Net Revenues to the punctual payment of the Installment Payments and such Net Revenues, except as otherwise permitted herein, shall not be used for any other purpose while any of the Bonds remain outstanding. This pledge shall, subject to Section 7.02 of the Indenture, constitute a first lien on the Net Revenues . for the payment of the Installment Payments and payments of all Parity Obligations in ' accordance with the terms hereof and thereof. 8 338529_1.DOC