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soli ,!:it.eJ billance sheets and statements of changes in financial
<br />posi.ti.on, ,J;ich accompanied by statements in comparative form Ear
<br />th<.! prac~Jin3 fiscal year and an opinion issued in accordance
<br />wita Jencr~llr accepted accounting practices as approved by the
<br />,\;-;i<.!ric.ln Institute of Certified Public Accountants and signed by
<br />.:1n [n:.lepenJent Certified Public Accountant,
<br />b:1L1nce
<br />.:iuarter,
<br />nabl:t ':)e
<br />(ii) Quarterly unaudited operating statements and
<br />sheets within 90 days after the last of each operating
<br />together ·with such other financial data as may reaso-
<br />r,quired.
<br />(iii) Monthly cash flow reports.
<br />(iv) Together with each delivery of reports and finan-
<br />CLal 5tatements required by paragraph (i) above, a certificate of
<br />-'!.n Authorized IJorrower Representative setting forth that there
<br />exists no default or defaults with respect to any loans, notes,
<br />Jeb~ntur~s, bonds, Leases or other obligations of the Borrower
<br />~;urn )1ltst.:in.Jing, or, if any default or defaults exist, spe-
<br />CL!:i'l.:l<J the nature thereof, the period of existence thereof and
<br />·1rn:.it 1c<;:.i<Jn the □orrower prop0se!3 to take with respect thereto.
<br />( ·o) The Borrower will a t all times keep an office or
<br />a•,1e:1cy ·...ihere notices, requests and demands in respect of this
<br />i,gr,:?e:n~nt .nay be served, and it ·...,ill in writing notify the Issuer
<br />-:in..l tiie -:'rustee of the location of each such office or agency.
<br />In ,let.:iult. :::,f any such office or agency or such notification
<br />t.her~oi;, ::.he i1orrower hereby agrees and consents that the Trustee
<br />shall ~e the ilgent of the Borrower for the purpose of accepting
<br />service of t~e same upon the Borrower, and all such notices,
<br />re'-!u~~t.s ._in:l ,.le,nands may be served upon the ·rrustee, as such
<br /><1gent, •\t the Coq)Orate Trust OEfice.
<br />{c} The Borrower covenants that it will maintain its
<br />corporat.e existence, will not, directly or indirectly, dissolve
<br />or sel.1, lease ::ir otherwise dispose of all or substantially all
<br />of its ._issets ~nd will not consolidate with or ~erge into another
<br />coq:ior.:i tion or permit one or more other corporations (other than
<br />a suosiJiary} to consolidate with or merge into it; provided,
<br />however, that the narrower may, with the written approval of
<br />i)ar-:1.t.:!tt n;ink of Central Flor-i,Ja, N.A., Orlando, Florid a, Lf such
<br />ban~ is then a holder of any of the Bonds, consolid ate with or
<br />merge into another corporation, or permit one or more other cor-
<br />2orations to consolidate or merge into it, or sell or otherwise
<br />transfer to another-corpor~tion all or substantially all of its
<br />.:iss~t.s .1s ,ln ..:!ntirety and thereafter .Jissol.ve i E ( l) the suc-
<br />cessor or purchaser corporation (i) has a net worth at least
<br />e4u.:il to that 0f the fJorrower prior to such merger or gale, (ii)
<br />-36-
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