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t <br />disconnection and reconnection charges, shall have been paid in <br />full. This covenant shall not,.however, prevent the Issuer <br />.from causing any System connection to be shut off sooner.. <br />(N) Enforcement of Collections. The Issuer will Bili - <br />gently enforce and collect the rates, fees and other charges for <br />the services and facilities of the System; and will take all steps, <br />actions and proceedings for the enforcement and collection of <br />such rates, charges and fees as shall become delinquent to the <br />full extent permitted or authorized by law; and will maintain <br />accurate records with respect thereof. All such fees, rates# <br />• charges and revenues -herein pledged shall., as collected, be held <br />in trust to be applied as provided in this instrument and not <br />otherwise. <br />(4) Sufficiency of Rates. The Issuer covenants and <br />agrees that it will fix, establish, revise from time to time <br />whenever necessary and maintain always such fees, rates, rentals <br />and other charges for the use of the product, services and <br />facilities of the System which will always produce cash revenues <br />sufficient to pay, and out of such funds pay, as the same shall <br />become due, the principal of and interest on the Bonds, the nec- <br />essary expenses of operating and maintaining the System and all <br />reserve, Sinking Fund or other payments required -by this instrument; <br />and that such rates, fees, rentals or other charges will not be <br />reduced so as to be insufficient to provide funds for such purposes. <br />(P) Compliance with Laws and Regulations. The Issuer <br />covenants and agrees to perform and comply with, in every respect, <br />the Loan 'and Grant Agreements which it might have with the <br />..Government.or with any other governmental agency, and all applicable <br />Federal and State .Laws and regulations. <br />(�) Remedies. Any holder of the'.Bonds or any coupons <br />appertaining thereto issued under the provisions of this instru- <br />ment, or any trustee acting for the holders of such Bonds and <br />'coupons, may either at law or in equity, by suit, action, mandamus <br />or other proceedings in any court of competent jurisdiction, <br />protect and enforce any and all right,, including the right to <br />the appointment of a receiver, existing under the Laws of the <br />-24- <br />:fid 7J A N 2 3 1978 �e 3 PAGE <br />