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Users' successors or assigns shall further have such rights of access to the Project or any <br />component thereof as may be reasonably necessary to cause the proper maintenance of the <br />Project in the event of failure by the Authority to perform its obligations hereunder; provided, <br />however, that neither the Users nor any of their assigns shall have any obligation to cause such <br />proper maintenance. <br />Section 4.07. Maintenance of Existence- Amendment of JPA Agreement. <br />User hereby covenants that so long as any Bond is Outstanding, User will not terminate <br />this Operating Agreement except as provided in this Section or Section 6.01 hereof. Withdrawal <br />from the JPA Agreement shall not constitute a withdrawal from this Operating Agreement. User <br />. shall use its best efforts to maintain its existence and the existence of the Authority, will not <br />dissolve or otherwise dispose of all or substantially all of its own or the Authority's assets and <br />will not consolidate with or merge into another public agency or permit one or more public <br />agencies to consolidate with or merge into it; provided, however, that User may dissolve, <br />consolidate or merge, sell or otherwise transfer to another entity all or substantially all of its <br />assets, provided that the surviving, resulting or transferee entity, as the case may be (i) is a public <br />agency of the State of California or a subdivision thereof, (ii) assumes in writing all of the <br />obligations of User under this Operating Agreement, and (iii) provides an opinion of Bond <br />Counsel (addressed to the Trustee, Counties and the Authority) to the effect that such dissolution, <br />consolidation, merger, sale or transfer will not adversely affect the exclusion of interest on the <br />Bonds from gross income for federal income tax purposes, and complies with the requirements <br />of this Section 4.07. The Authority will use its best efforts to enforce the provisions of this <br />Section 4.07. <br />So long as any Bond is Outstanding, each Member hereby covenants not to amend or <br />modify the JPA Agreement in a manner which materially affects this Operating Agreement <br />without first obtaining an opinion of Bond Counsel that such modification or amendment does <br />not materially adversely affect the interests of the Bond Owners. <br />Section 4.08. Payment of Claims. <br />The Authority will pay and discharge any and all lawful claims for labor, materials or <br />supplies which, if unpaid, might become a lien on the Revenues or any part thereof or on any <br />funds in the control of the Authority prior or superior to the lien of the Bonds or which might <br />impair the security of the Bonds. <br />Section 4.09. Compliance with Contracts. <br />The Authority will comply with, keep, observe and perform all agreements, conditions, <br />covenants and terms, express or implied, required to be performed by it contained in all contracts <br />for the use of the Project and all other contracts affecting or involving the Project to the extent <br />that the Authority is a party thereto, including the contract with the initial Project vendor. <br />Section 4.10. Insurance. <br />(a) The Authority shall procure and maintain, or cause to be procured and <br />maintained, throughout the term of this Operating Agreement, casualty insurance against loss or <br />Project Operating Agreement 090910 <br />