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(9) any failure, omission, delay or lack on the p~rt of
<br />the [3suer, the 'l'rustee or the Bondholders to enforce,
<br />Jssert or exercise any right, power or remedy conferred on
<br />t~c [ssuer, the Trustee, or the Bondholders in this Agreement
<br />)r i:1 <lny of the 13onds, the Indenture or the Loan Agreement;
<br />Jr
<br />(10) the voluntary or involuntary liquidation,
<br />1i~solution, sale or other disposition of all or substan-
<br />tially all the assets, marshall:..,1g of assets and liabilities,
<br />r~ceLvarship, insolvency, bankruptcy, assignment, composition
<br />with creditors or readjust~ent of, or other similar
<br />?rocaedings, affecting any party or any of the assets of any
<br />of them, or any allegation or contest of the validity of this
<br />,\..J r<?eraent or any of the Bonds, the Indenture or the Loan
<br />.\•3rt?l'!ment; or
<br />(11) to the extent permitted by law, the release or
<br />uischar3e of any party or of the Issuer or of the Trustee,
<br />frora the performance or observance of any obligation, cove-
<br />n.:in::. :>r agreement contained in this l\.greement, the nonds, the
<br />:;1Jent11re or the Loan Agreement hy operation of law or
<br />,:>t.:1,H",.,,ise; or
<br />(12) any default or failure of any party fully to pec-
<br />for;~ ,my of its obligations set forth in this Agreement, the
<br />[nJent.ur-e or the Loan Agreement; or
<br />(lJ) the invalidity or unenforceability of any of the
<br />,>r::ivi'.3ions of the l3onds, the In1lenture, the Loan A.greement or
<br />~hi3 ~~r~ement; or
<br />(14) the lack of capacity or authority on the part of
<br />the [ssuer, the Trustee or a ny party to perform one or more
<br />of its obligations under this Agreement, the Bonds, the
<br />Inuenture or the L,oan t\greement;
<br />provi<.led, that the specific enumeration of the above-mentioned
<br />2vent.s, :natter::s or conuitions shall not be deemed to exclude any
<br />other ~vents, matters or conditions, though not specifically men-
<br />tioned -:ibove, it being the purr,ose and intent of this /\greement
<br />that the ob liqations of each party shall be irrevocable and
<br />aos(>lut~ <1nd unconditional, ancl shall not be affe cte,1, modified,
<br />imp~ired, reduced or abated except by the payment in full of
<br />.:ill principal of, premium, if any, and interest on the Bonds in
<br />.:iccocddnce ~ith the terms of U1e Bonds and the Indenture, an1
<br />then onl1 to the extent of such payments or performance.
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