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_ � . <br /> TABLE OF CONTENTS <br /> PaQe <br /> ARTICLE I DEFINTTIONS 2 <br /> Section1.01. Definitions..................................................................................................2 <br /> ARTICLE II ACQUISTTION OF THE PROJECT.......................................................................6 <br /> Section 2.01. Purchase and Sale of the Project. ...............................................................6 <br /> Section2.02. [Reserved]. .................................................................................................6 <br /> Section 2.03. Indemnification and Expenses of Authority...............................................6 <br /> Section 2.04. Authority not Liabie...................................................................................7 <br /> Section 2.05. Disclaimer of the Authority...................................................:....................7 <br /> ARTICLE III INSTALLMENT PAYMENTS, REVENUES AND ACCOUNTS.......................7 <br /> Section 3.01. Payment of the Installment Payments......................................::.......:..:......7 <br /> Section 3.02. Interest Component of the Installment Payments...............................:.......8 <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. ...................................................9 <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 /> ARTICLE N DEPOSITS; ADDITIONAL CONTRACT`S AND BONDS ............................... 10 <br /> Section 4.01. Deposits to Payment Fund........................................................................ 10 <br /> Section4.02. Reserve Fur�d. .......................................................................................... 11 <br /> Section 4_03. Parity Obligations. .................................:......�---.................._.................... 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 /> Section 5.03. Against Sale or Other Disposition of Property......................................... 13 <br /> Section 5.04. Against Competitive Facilities.............:............................................:...... 13 <br /> Section5.05. Tax Covenants.......................................................................................... 13 <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 /> 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 Govemmental 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 /> Section 5.17. Further Assurances................................................................................... 19 <br /> Section 5.18. Release and Indemnification Covenants................................................... 19 <br /> Section 5.19. Further Representations,Covenants and Warranries of the City..............20 <br /> Section 5.20. Representations,Covenants and Warranties of the Authority..................21 <br /> .338529_1.DOC <br />