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(b) Upon commencement of construction of the Project, the Company will proceed with I!
<br /> such construction without interruption (which term excludes normal delays for weather
<br /> conditions, delivery of supplies, coordination of subcontractors and other matters normally arising
<br /> in the course of construction) until completion of construction of the Project. In the event of an
<br /> interruption of construction, the Company shall promptly notify the Assignee, in writing, of the
<br /> interruption, the reasons therefor and the anticipated date that the interruption will cease; �
<br /> (c) All contracts entered into or to be entered into by the Company relating to such work
<br /> shall be in accordance with all applicable requirements of Federal, state and local laws, codes,
<br /> regulations, rules and resolutions, including compliance with any applicable law pertaining to the
<br /> payment of prevailing wage;
<br /> (d) It has obtained or shall obtain all necessary or required pernuts, licenses, consents and
<br /> approvals that are material for the acquisition, construction and improvement of the Project and
<br /> shall comply with all lawful requirements of any governmental body regarding the use or
<br /> condition of the Project, whether existing or later enacted or foreseen or unforeseen or whether
<br /> involving any change in governmental policy or requiring structural or other changes to the
<br /> Project and irrespective of the cost of so complying;
<br /> (e) It will pay all fees, costs and expenses incurred in completing the Project and
<br /> complying with the Code or, to the extent there are monies in the Project Fund available therefor,
<br /> will request the Assignee to make such payments from the Project Fund in the manner hereinafter
<br /> provided; and
<br /> (� It will ask, demand, sue for and use its best efforts to recover and receive such sums of
<br /> money, debts or other demands to which it may be entitled under any contract, order, receipt,
<br /> guaranty, warranty, writing or instruction in connection with the acquisition, construction and
<br /> improvement of the Project, and it will use its best efforts, to the extent economically reasonable,
<br /> to enforce the provisions of any contract, agreement, obligation, bond or other security in
<br /> connection therewith, and any such amount received in connection with the foregoing, after
<br /> deduction of expenses incurred in recovering such amounts, shall be paid to the Assignee for
<br /> deposit in the Project Fund if the Completion Date has not occurred or for deposit in the Bond
<br /> Fund if the Completion Date has occurred.
<br /> If the acquisition, construction and improvement of the Project or any portion thereof is
<br /> delayed or fails to occur for any reason, there shall be no diminution in or postponement of the
<br /> payments to be made by the Company pursuant to the Note.
<br /> The Issuer and the Assignee and their assigns are not the agents or representatives of the
<br /> Company, and the Company is not the agent of the Issuer or the Assignee, and this Loan
<br /> Agreement shall not be construed to make the Issuer or the Assignee liable to materialmen,
<br /> contractors, subcontractors, craftsmen, laborers or others for goods or services delivered by them
<br /> in connection with the Project, or for debts or claims accruing to the aforesaid parties with regard
<br /> to the Project, against the Company. This Loan Agreement shall not create any contractual
<br /> relation either expressed or implied between the Issuer or the Assignee and any materialmen,
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