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Section 6. Tax Covenant. <br />6.01. The Authority covenants and agrees with the holders from time to time of the <br />Series 1998A Bonds that it will not take or permit to be taken by any of its officers, employees <br />or agents any action which would cause the interest on the Series 1998A Bonds to become <br />subject to taxation under the Internal Revenue Code of 1986, as amended (the "Code "), and the <br />Treasury Regulations promulgated thereunder, in effect at the time of such actions, and that it <br />will take or cause its officers, employees or agents to take, all affirmative action within its power <br />that may be necessary to ensure that such interest will not become subject to taxation under the <br />Code and applicable Treasury Regulations, as presently existing or as hereafter amended and <br />made applicable to the Series 1998A Bonds. <br />The motion for the adoption of the foregoing resolution was duly seconded by Member <br />, and upon vote being taken thereon, the following voted in favor <br />thereof: <br />and the following voted against the same: <br />whereupon said resolution was declared duly passed and adopted. <br />BMB144999 <br />LN140 -60 <br />