Laserfiche WebLink
stating that such Cost is a reasonable and accurate estimation, taking into account investment <br /> income to be realized during the course of the Project and other money that would, absent the <br /> Loan,have been used to pay the Estimated Cost of the Project. <br /> (j) Other Representations <br /> The Governmental Agency makes all other representations set forth in Exhibit F to this <br /> Loan Agreement. <br /> SECTION 2.02. Particular Covenants of the Governmental Agency. <br /> (a) Source of Repayment Pledge <br /> The Governmental Agency irrevocably pledges and grants a lien upon the Pledged <br /> Property (described in paragraph (3) of Exhibit A) for the punctual payment of the principal of <br /> and the interest on the Loan, and of all other amounts due under this Loan Agreement and the <br /> Governmental Agency Bond according to their respective terms. <br /> (b) Performance Under Loan Agreement <br /> The Governmental Agency covenants and agrees that it shall (i) maintain the System in <br /> good repair and operating condition; (ii) cooperate with the Authority in the observance and <br /> performance of the respective duties, covenants, obligations, and agreements of the <br /> Governmental Agency and the Authority under this Loan Agreement; and (iii) comply with any <br /> and all additional covenants described in the Exhibits to this Loan Agreement. <br /> (c) Completion of Project and Provision of Moneys therefor <br /> The Governmental Agency covenants and agrees to exercise its best efforts to complete <br /> and thereafter operate the Project; and the Governmental Agency covenants and agrees to <br /> provide from the Pledged Property or other sources available to it all moneys, in excess of the <br /> total amount of loan proceeds it receives under the Loan, required to complete the Project. <br /> (d) Disposition of System <br /> During the Loan Term, the Governmental Agency shall not sell, lease, abandon, or <br /> otherwise dispose of all or substantially all, or any substantial portion, of the System or any other <br /> system that provides revenues to provide for the payment of this Loan Agreement or the <br /> 9 <br />