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promises and agreements in this Resolution contained by and on behalf of the County shall be for the sole and exclusive benefit of the County, the Series 1993 Bond Insurer, the Paying Agent (or Paying Agents, if applicable), and the Registered Owners of the Bonds. SECTION 28. INTERPRETATION OF RESOLUTION. Notwithstanding any other provision of this Resolution, in determining whether the rights of the Bondholders will be adversely affected by any action taken pursuant to the terms and provisions of this Resolution, the Paying Agent shall consider the effect on the Bondholders as if there were no Series 1993 Bond Insurance Policy. SECTION 29. THE SERIES 1993 RESERVE ACCOUNT SURETY BOND. Any term or condition hereof relating to a Reserve Account Credit Instrument which differs in any respect from any term or condition hereof relating to the Series 1993 Reserve Account Surety Bond or any term or condition of the Series 1993 Reserve Account Surety Bond shall not apply with respect to such term or condition hereof relating to the Series 1993 Reserve Account Surety Bond or such term or condition of the Series 1993 Reserve Account Surety Bond to the extent of such difference. SECTION 30. ADDITIONAL COVENANTS RELATING TO THE SERIES 1993 RESERVE ACCOUNT SURETY BOND. So long as the Series 1993 Reserve Account Surety Bond is in effect and the Series 1993 Reserve Account Surety is not in default under the Series 1993 Reserve Account Surety Bond, bankrupt, insolvent or in receivership, the County shall observe the following covenants: A. The County shall furnish the following to the Series 1993 Reserve Account Surety: (1) as soon as practicable after the filing thereof, a copy of any financial statement of the County and a copy of any audit and annual report of the County; (2) a copy of any notice to be given to the Registered Owners of Series 1993 Bonds, including, without limitation, notice of any redemption of or defeasance of the Series 1993 Bonds, and any certificate rendered pursuant hereto relating to the security for the Series 1993 Bonds: and (3) such additional information the Series 1993 Reserve Account Surety may reasonably request. B. The County will permit the Series 1993 Reserve Account Surety to discuss the affairs, finances and accounts of the County or any information the Series 1993 Reserve Account Surety may reasonably request regarding the security for the Series 1993 Bonds with appropriate officers of the County. The County will permit the Series 1993 Reserve Account Surety to have access to the Recreational Facilities and to have access to and to make copies of all books and records relating to the Series 1993 Bonds at any reasonable time. C. Notwithstanding any other provision of this Resolution, the County shall immediately notify the Series 1993 Reserve Account Surety if at any time there are insufficient moneys to make any payments of principal and/or interest as required and immediately upon the occurrence of any event of default hereunder. 31