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secure adequate Revenues for the payment of interest on and principal of and redemption premiums, if any, on the Bonds, or which would otherwise impair the rights of Owners with respect to the Revenues or the use of the Leased Property. Any real or personal property constituting part of the Leased Property which has become nonoperative or which is not needed for the efficient and proper use of the Leased Property, or which has become worn out may be sold at not less than the market value thereof if such sale will not reduce the Revenues and if the net proceeds of such sale are treated as Revenues and applied as provided in the Indenture; 4. Not use or permit the use of any proceeds of the Bonds or any funds of the Authority, direct or indirectly, to acquire any securities or obligations, and shall not take any or permit to be taken any other action or actions, which would cause any Bonds to be an "arbitrage bond" within the meaning of Section 149(b) Code or "federally guaranteed" within the meaning of the Code and any such applicable regulations promulgated from time to time thereunder and under Section 103(c) of the Internal Revenue Code of 1954, as amended. The Authority shall observe and not violate the requirements of Section 148 of the Code and any such applicable regulations. The Authority shall comply with all requirements of Section 148 and 149(b)of the Code to the extent applicable to the Bonds; 5. Comply with the provisions and procedures of the Tax Certificate; 6. Not use or permit the use of any proceeds of the Bonds or any funds of the Authority, directly or indirectly, in any manner, and shall not take or omit to take any action, that would cause any of the Bonds to be treated as the obligation not described in Section 103(a) of the Code. 7. Cause the City to, within fifteen (15) days of the receipt of any Net Proceeds, instruct the Trustee, through a Written Request of the City, as to what portion, if any, of such proceeds are to be used to redeem Bonds pursuant to the Indenture; 8. Keep proper books of record and account in which complete and correct entries shall be made of all transactions relating to the receipts, disbursements, allocation and application of the Revenues, and such books shall be available for inspection by the Trustee or the Bond Insurer, at reasonable hours and under reasonable conditions. Not more than four months after the close of each Authority Fiscal Year, the Authority shall furnish or caused to be furnished to the Trustee and the Bond Insurer a complete financial statement covering receipts, disbursements, allocation and application of Revenues for such Fiscal Year, including a profit and loss statement and balance sheet. The Authority shall also keep or cause to be kept such other information as is required under the Tax Certificate; 9. Supply to the Trustee as soon as practicable after the beginning of each City Fiscal Year, but in no event later than December 31 in each City Fiscal Year, a certificate of the City certifying that the City has made adequate provision in its annual budget for such City Fiscal Year for the payment of all rentals due under the Lease in such City Fiscal Year. If the amounts so budgeted are not adequate for the payment of all rentals due under the Lease in such City Fiscal Year, the Authority will take such action as may be necessary and within its power to cause such annual budget to be amended, corrected or augmented so as to include therein the amounts required to be paid by the City in such City Fiscal Year for the payment of all rentals due under the Lease in such City Fiscal Year, and will notify the Trustee of the proceedings then taken or proposed to be taken by the Authority; 10. Maintain and vigorously enforce all of its rights under the Lease and the Ground Lease, and will promptly collect all rents and charges due for use of the Leased Property as the same become due under the Lease, and will promptly and vigorously enforce its rights against any tenant or other person who does not pay such rents or charges as they become due under the Lease, and not do or permit anything to be done, omit or refrain from doing anything where any such act done or A-13