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<br />I.Neither the execution and delivery of this Agreement, the Declaration, or any
<br />document referred to herein nor compliance with any of the terms, conditions, requirements,
<br />or provisions contained in any of such documents is prevented by, is a breach of, or will
<br />result in a breach of, any term, condition, or provision of any agreement or document to
<br />which it is now a party or by which it is bound.
<br />J.The contemplated use of the Real Property and, if applicable, Facility will not
<br />violate any applicable zoning or use statute, ordinance, building code, rule or regulation, or
<br />any covenant or agreement of record relating thereto.
<br />K.The Project has been or will be completed in full compliance with all applicable
<br />laws, statutes, rules, ordinances, and regulations issued by any federal, state, or local political
<br />subdivisions having jurisdiction over the Project.
<br />L.All applicable licenses, permits and bonds required for the performance and
<br />completion of the Project have been, or will be, obtained.
<br />M.All applicable licenses, permits and bonds required for the operation of the Real
<br />Property and, if applicable, Facility in the manner specified in Section 2.04 have been, or
<br />will be, obtained.
<br />N.It will operate, maintain, and manage the Real Property and, if applicable, Facility
<br />or cause the Real Property and, if applicable, Facility, to be operated, maintained and
<br />managed in compliance with all applicable laws, statutes, rules, ordinances, and regulations
<br />issued by any federal, state, or local political subdivisions having jurisdiction over the Real
<br />Property and, if applicable, Facility.
<br />O.It will fully enforce the terms and conditions contained in any Use Contract.
<br />P.It has complied with the matching funds requirement, if any, contained in Section
<br />7.23.
<br />Q.It will not, without the prior written consent of the Council and the Commissioner
<br />of MMB, allow any voluntary lien or encumbrance or involuntary lien or encumbrance that
<br />can be satisfied by the payment of monies and which is not being actively contested to be
<br />created or exist against the Public Entity’s ownership interest in the Real Property or, if
<br />applicable, Facility, or the Counterparty’s interest in the Use Contract, whether such lien or
<br />encumbrance is superior or subordinate to the Declaration. Provided, however, the Council
<br />and the Commissioner of MMB will consent to any such lien or encumbrance that secures
<br />the repayment of a loan the repayment of which will not impair or burden the funds needed
<br />to operate the Real Property and, if applicable, Facility in the manner specified in Section
<br />2.04, and for which the entire amount is used (i) to acquire additional real estate that is
<br />needed to so operate the Real Property and, if applicable, Facility in accordance with the
<br />requirements imposed under Section 2.04 and will be included in and as part of the Public
<br />Entity’s ownership interest in the Real Property and, if applicable, Facility, and/or (ii) to pay
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