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Section 8. Continuing Disclosure. <br />8.01. Execution of Continuing Disclosure Certificate. For purposes of this Section, "Continuing <br />Disclosure Certificate" means that certain Continuing Disclosure Certificate executed by the Mayor and City <br />Administrator and dated the date of issuance and delivery of the Bonds, as originally executed and as it may be <br />amended from time to time in accordance with the terms thereof. <br />8.02. City Compliance with Provisions of Continuing Disclosure Certificate. The City hereby <br />covenants and agrees to comply with and carry out all of the provisions of the Continuing Disclosure <br />Certificate. Notwithstanding any other provision of this Resolution, failure of the City to comply with the <br />Continuing Disclosure Certificate is not to be considered an event of default with respect to the Bonds; however, <br />any Bondholder may take such actions as may be necessary and appropriate, including seeking mandate or <br />specific performance by court order, to cause the City to comply with its obligations under this section. <br />Section 9. Defeasance. When all of the 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 holders of the <br />Bonds shall cease, except that the pledge of the full faith and credit of the City for the prompt and full payment <br />of the principal of and interest on the Bonds shall remain in full force and effect. The City may discharge all <br />Bonds which are due on any date by depositing with the Registrar on or before that date a sum sufficient for <br />the payment thereof in full. If any Bond should not be paid when due, it may nevertheless be discharged by <br />depositing with the Registrar a sum sufficient for the payment thereof in full with interest accrued to the date <br />of such deposit. <br />DOCSOPEN-AR200-22-1009630A-4/21/25 11 <br />