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<br />539895v2 JAE LN140-118 12 <br /> 8.01. Execution of Continuing Disclosure Certificate. “Continuing Disclosure Certificate” <br />means that certain Continuing Disclosure Certificate executed by the Mayor and City Administrator and <br />dated the date of issuance and delivery of the Bonds, as originally executed and as it may be amended from <br />time to time in accordance with the terms thereof. <br /> <br /> 8.02. City Compliance with Provisions of Continuing Disclosure Certificate. The City hereby <br />covenants and agrees that it will comply with and carry out all of the provisions of the Continuing <br />Disclosure Certificate. Notwithstanding any other provision of this resolution, failure of the City to comply <br />with the Continuing Disclosure Certificate is not to be considered an event of default with respect to the <br />Bonds; however, any Bondholder may take such actions as may be necessary and appropriate, including <br />seeking mandate or specific performance by court order, to cause the City to comply with its obligations <br />under this section. <br /> <br /> Section 9. Defeasance. When all the Bonds, and all interest thereon, have been discharged as <br />provided in this section, all pledges, covenants, and other rights granted by this resolution to the holders of the <br />Bonds will cease, except that the pledge of the full faith and credit of the City for the prompt and full payment <br />of the principal of and interest on the Bonds will remain in full force and effect. The City may discharge all <br />Bonds which are due on any date by depositing with the Registrar on or before that date a sum sufficient for <br />the payment thereof in full. If any Bond should not be paid when due, it may nevertheless be discharged by <br />depositing with the Registrar a sum sufficient for the payment thereof in full with interest accrued to the date <br />of such deposit. <br /> <br /> <br /> <br /> <br /> <br />(The remainder of this page intentionally left blank)