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Annual Report, and later than the date required for the filing of the Annual Report and as soon as <br />practicable if they are not available by that date, <br />Section 6.06 Protection of Security and Rights of Owners. The Agency will preserve <br />and protect the security of the Bonds and the rights of the Owners, and will warrant and defend <br />their rights against all claims and demands of all persons. From and after the sale and delivery of <br />any Bonds by the Agency, such Bonds shall be incontestable by the Agency. <br />Section 6.07 Payment of Taxes and Other Charges, The Agency will pay and <br />discharge all taxes, service charges, assessments and other governmental charges which may <br />hereafter be lawfully imposed upon the Agency or any properties owned by the Agency in the <br />Project Area, or upon the revenues therefrom, when the same shall become due; provided that <br />nothing herein contained shall require the Agency to make any such payments so long as the <br />Agency in good faith shall contest the validity of any such taxes, service charges, assessments or <br />other governmental charges. <br />Section 6.08 Amendment of Redevelopment Plan. The Agency will not amend the <br />Redevelopment Plan except as provided in this section and as permitted by the Law. If the <br />Agency proposes to amend the Redevelopment Plan, it shall cause to be filed with the Trustee a <br />Consultant's Report on the effect of such proposed amendment. If the Consultant's Report <br />concludes that Tax Revenues will not be materially reduced by such proposed amendment, the <br />Agency may undertake such amendment. If the Consultant's Report concludes that Tax <br />Revenues will be materially reduced by such proposed amendment, the Agency may not <br />undertake such proposed amendment. Notwithstanding the foregoing, the Agency must obtain <br />the Bond Insurer's prior written consent for any amendment of the Redevelopment Plan. which <br />would (i) reduce the amount of Tax Revenues that may be received by the Agency or (ii) reduce <br />the period during which the Agency may collect Tax Revenues. <br />Section 6.09 Tax Revenues, The Agency shall comply with all requirements of the Law <br />to ensure the allocation and payment to it of the Tax Revenues, including without limitation the <br />timely filing of any necessary ROPE. The Agency shall manage its fiscal affairs in a manner so <br />that it will have sufficient Tax Revenues available under the Redevelopment Plan in the amounts <br />and at the times required to enable the Agency to pay the principal of, premium, if any and <br />interest on the outstanding Senior Bonds, and any parity debt thereof, and the Series 2016 Bonds <br />and any Parity Debt when due. <br />Section 6.10 Further Assurances. The Agency will adopt, make, execute and deliver <br />any and all such further resolutions, instruments and assurances as may be reasonably necessary <br />or proper to carry out the intention or to facilitate the performance of the Indenture, and for the <br />better assuring and confirming unto the Owners of the Bonds of the rights and benefits provided <br />in the Indenture. <br />Section 6.11 Tax Covenants,, Rebate Fund. <br />(a) The Agency covenants that it will not take any action, or fail to take any action, if <br />any such action or failure to take action would adversely affect the exclusion from gross income <br />of the interest on any of the Tax Exempt Bonds under Section 103 of the Code. Without limiting <br />37 <br />3 -55 <br />