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ARTICLE IV <br />ISSUANCE OF ADDITIONAL BONDS <br />Section 4.01 Conditions for the Issuance of Additional Bonds, The Agency may at <br />any time after the issuance and delivery of the Series 2016 Bonds hereunder issue Additional <br />Bonds hereunder payable from the Tax Revenues and secured by a lien and charge upon the Tax <br />Revenues equal to and on a parity with the lien and charge securing the Outstanding Bonds <br />theretofore issued under the Indenture, for the purpose of refunding bonds or other indebtedness <br />of the Agency or the Former RDA (including, without limitation, refunding Bonds outstanding <br />under the Indenture) in accordance with the Law, including payment of all costs incidental to or <br />connected with such refunding or providing for the funding of related reserves, but only subject <br />to the following specific conditions, which are hereby made conditions precedent to the issuance <br />of any such Additional Bonds: <br />(a) A Written Request of the Agency shall have been filed with the Trustee <br />containing a statement to the effect that the Agency shall be in compliance with all <br />covenants set forth in the Indenture and any Supplemental Indentures, and no Event of <br />Default shall have occurred and be continuing. <br />(b) The issuance of such Additional Bonds shall have been duly authorized <br />pursuant to the haw and all applicable laws, and the issuance of such Additional Bonds <br />shall have been provided for by a Supplemental Indenture; which shall specify the <br />following: <br />(i) The authorized principal amount of such Additional Bonds; <br />(ii) The date and the maturity date or dates of such Additional Bonds; <br />provided that (i) Principal Payment Dates and Sinking Account Payment Dates <br />may occur only on Interest Payment Dates, and (ii) fixed serial maturities or <br />mandatory Sinking Account Installments, or any combination thereof, shall be <br />established to provide for the retirement of all such Additional Bonds on or before <br />their respective maturity dates; <br />(iii) The Interest Payment Dates for such Additional Bonds; provided <br />that Interest Payment Dates shall be on the same semiannual dates as the Interest <br />Payment Dates for Series 2016 Bonds; <br />(iv) The denomination and method of numbering of such Additional <br />Bonds; <br />(v) The redemption premiums, if any, and the redemption terms, if <br />any, for such Additional Bonds; <br />(vi) The amount and due date of each mandatory Sinking Account <br />Installment, if any, for such Additional Bonds; <br />24 <br />3 -42 <br />