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• Section 9. Continuing Disclosure. <br />9.01. City Compliance with Provisions of Continuing Disclosure Certificate. The City <br />hereby covenants and agrees that it will comply with and carry out all of the provisions of the <br />Continuing Disclosure Certificate. Notwithstanding any other provision of this Resolution, <br />failure of the City to comply with the Continuing Disclosure Certificate is not to be considered <br />an event of default with respect to the Bonds; however, any Bondholder may take such actions as <br />may be necessary and appropriate, including seeking mandate or specific performance by court <br />order, to cause the City to comply with its obligations under this section. <br />9.02. Execution of Continuing Disclosure Certificate. "Continuing Disclosure <br />Certificate" means that certain Continuing Disclosure Certificate hereby authorized to executed <br />by the Mayor and Administrator as it may be amended from time to time in accordance with the <br />terms thereof. <br />Section 10. Defeasance. <br />10.01. Defeasance. When all 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 <br />holders of the Bonds will cease, except that the pledge of the full faith and credit of the City for the <br />prompt and full payment of the principal of and interest on the Bonds will remain in full force and <br />effect. The City may discharge all Bonds which are due on any date by depositing with the <br />Registrar on or before that date a sum sufficient for the payment thereof in full. If any Bond should <br />• not be paid when due, it may nevertheless be discharged by depositing with the Registrar a sum <br />sufficient for the payment thereof in full with interest accrued to the date of such deposit. <br />(The remainder of this page is intentionally left blank.) <br />• <br />398249v2 JSB EL185-17 1'~ <br />