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Bonds entitled thereto, subject, however, to the provisions of Section 10.04 hereof but without <br /> any liability for interest thereon. <br /> Section 11.12. Waiver of Personal Liability.No member, officer, agent or employee of the <br /> Authority shall be individually or personally liable for the payment of the principal of or <br /> interest or premium (if any) on the Bonds or be subject to any personal liability or <br /> accountability by reason of the issuance thereof;but nothing herein contained shall relieve any <br /> such member, officer,agent or employee from the performance of any official duty provided by <br /> law or by this Indenture. <br /> Section 11.13. Successor Is Deemed Included in All References to Predecessor.Whenever <br /> in this Indenture either the Authority, the Members or the Trustee is named or referred to, such <br /> reference shall be deemed to include the successors or assigns thereof,and all the covenants and <br /> agreements in this Indenture contained by or on behalf of the Authority, the Members or the <br /> Trustee shall bind and inure to the benefit of the respective successors and assigns thereof <br /> whether so expressed or not. <br /> Section 11.14. Execution in Several Counterparts. This Indenture may be executed in any <br /> number of counterparts and each of such counterparts shall for all purposes be deemed to be an <br /> original; and all such counterparts, or as many of them as the Authority and the Trustee shall <br /> preserve undestroyed,shall together constitute but one and the same instrument. <br /> Section 11.15. Governing Law. This Indenture shall be governed by and construed in <br /> accordance with the laws of the State . <br /> -46- <br />