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Item 8h: Attachment meanin� of Sections 141(b) and 14�(a) of the Code), or (iv) compliance with other Code provisions, re�ulations, or revenue procedures which amend or supersede the foregoin�. E. It will not other�vise use any of the Pro�ram Grant, including earninys thereon. if any, or take or permit to or cause to be taken any action that would adversely affect the exemption from federal income taYation of the interest on the G.O. Bonds, nor omit to take any action necessary to maintain such tar eYempt status, and if it should take, permit, omit to take, or cause to be taken, as appropriate, any such action, it shall take all lawful actions necessary to rescind or correct such actions or omissions promptly upon havinj knowledge thereo f. � Section 5.03 Changes to G.O. Compliance Legislation or the Commissioner's Order. In the event that the G.O. Compliance Legislation or the Commissioner's Ordec is amended in a manner that reduces any requirement imposed a�ainst the Public Entity, or if the Public Entity's o�vnership interest in the Real Property or, if applicable, Facility is eYempt from the G.O. Compliance Legislation and the Commissioner's Order, then upon �vritten rec�uest by the Public Entiry the State Entity shall enter into and execute an amendment to this A�reement to implement herein such amendment to or eYempt the Public Entity's o�vnership interest in the Real Property and, if applicable, Facility from the G.O. Compliance Le;islation or the Commissioner's Order. Article �'I DISBURSE�IE�iT OF GR�tiT PROCEEDS Section 6.01 Disbursement of Grant. Upon compliance ��ith all of the conditions d�lineated in Section 6.02, the State Entitv shall disbui�se the ProQram Grant to the Public Entity in one lump sum. Under no circumstance shall the State Entity be required to cli-sburse funds in ercess of the amount requested by the Public Entity under the provisions contained in Section 6.O�.A even if the amount requested is less than the amount of the Program Grant delineated in Section 1.01. If the amount of Pro�ram Grant that the State Entity disburses hereunder to the Public Entity is less than the amount of the Pro�ram Grant delineated in Section 1.01, then the State Entity and the Public Entity shall enter into and erecute whatever documents the State Entity may request in order to amend or modify this A�reement to reduce the amount of the Pro�ram Grant to the amount actually disbursed. Provided, however, in accordance with the provisions contained in Section 2.11, the State Entity's obli�ation to disburse any of the Pro�ram Grant shall terminate as of the date specified in such Section even if the entire Program Grant has not been disbursed by such date. The Pro�ram Grant shall only be for erpenses that (i) are for those items of a capital nature for the Project, (ii) accrued no earlier than the effective date of the legislation that appropriated the funds that are used to fund the Program Grant, or (iii) have otherwise been consented to, in writin�, by the State Entity and the Commissioner of MMB. Section 6.0? Conditions Precedent to Disbursement of Grant. The obligation of the State Entity to disburse the Program Grant to the Public Entity is subject to the following conditions precedent: Generic GO Bond Proceeds Z� Grant A�reement for Proeram F.nd Grants ver — 6/30/ 1 �