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CM <br />AR`'IC I.F IV <br />GENER-U COVENANTS <br />Section 401. The City covenants that it will promptly pay the <br />principal of and interest on every bond issued under this Indenture at the place, <br />on the dates and in the manner provided herein and in said bonds, and in the <br />coupons apper'taird. g thereto according to the true intent and n eaning thereof. <br />The principal and interest (except interest, if any, paid :From the proceeds from <br />the sale of the bonds and accrued interest) are payable solely from revenues <br />derived from the Project, which revenues are hereby specifically pledged to <br />the payment thereof in the manner and to the extent herein specified, and <br />nothing in the bonds or coupons or in this Indenture should be considered as <br />pledging any other funds or assets of the City (except the securing of the <br />indebtedness evidenced by the bonds and coupons by a lien on and security <br />interest in the Project) . Anything in this Indenture to the contrary notwith- <br />standing, it is understood that whenever the City makes any covenants in- <br />volving financial commitments, including, without limitation, those in the <br />various sections of Article IV, it pledges no funds or revenues other than <br />those provided for in the Lease Agreement and the revenues derived from and <br />the avails of the mortgaged property, but nothing herein shall be construed as <br />prohibiting the City from using any other funds and revenues. <br />Section 402. The City covenants that it will faithfully perform at all <br />times any and all covenants, undertakings, stipulations and provisions con- <br />tained in this Indenture, in any and every bond executed, authenticated and <br />delivered hereunder and in all ordinances pertaining thereto. The City covenants <br />that it is duly authorized rider the Constitution and laws of the State of <br />