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Section 1 S. Termination by Issuer; Appointment of Compliance Agent. The Issuer may <br /> tenninate this Compliance Agreement with respect to the Compliance Agent at any time. The Issuer may <br /> also terminate this Compliance Agreexnent with respect to the Compliance Agent upon the failure of the <br /> Compliance Agent to duly observe or perform in any material respect any covenant, condition or agreement <br /> in this Compliance Agreement for a period of thirty (30) days or such longer period specified in a written <br /> notice to the Compliance Agent specifying such failure and requesting that it be remedied. The Issuer may <br /> appoint an additional or successor Compliance Agent hereto. The Compliance Agent shall continue to <br /> perform its obligations under this Compliance Agreement until a successor is appointed. <br /> The obligations of the Compliance Agent under Section 6 hereof shall survive the termination of <br /> this Compliance Agreement. <br /> Section 16. Binding Nature. Subject to the provisions of Section 14, this Compliance <br /> Agreement, and all amendments, modifications and alterations hereto, shall be binding upon and inure to <br /> the benefit of the parties her�o and their respective agents, successors and assigns. <br /> Section 17. Assignment to Trustee. The Issuer shall assign all of its rights and interest in this <br /> Compliance Agreement (except for the Issuer's rights pursuant to Section 6 hereo fl to the Trustee to secure <br /> payment of the principal of and interest on the Bonds. The Compliance Agent hereby consents to such <br /> assignment. <br /> -5- <br />