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R <br /> upon each such officer of the Issuer as may from <br /> time to time have the authority under law to take <br /> such actions as may be necessary to perform all <br /> or any part of the duties required by such <br /> provision; and each duty of the Issuer and of its <br /> officers undertaken pursuant to such proceedings <br /> for the Series 1992 Bonds is established as a <br /> duty of the Issuer and of each such officer <br /> having authority to perform such duty, <br /> specifically enjoined by law and resulting from <br /> an office, trust, or station within the meaning <br /> of applicable law, providing for enforcement by <br /> writ of mandamus; provided that there shall be no <br /> mandatory or other obligation or liability of the <br /> Issuer or its officers and employees, ezcept for <br /> the delivery of the Loan Agreement, Indenture, <br /> Bond Purchase Aqreement and Taz Regulatory <br /> Agreement and as otherwise provided in such <br /> documents. <br /> (c) Pledged Receipts. Ezcept as otherwise provided <br /> in the Bond Legislation, Indenture, Bond Purchase <br /> Agreement, Taz Regulatory Agreement and <br /> Agreement, the Issuer will not make any pledge or <br /> assignment of or create any lien or encumbrance <br /> upon the Payment Fund, the Bond Fund or the <br /> Pledged Receipts, other than the pledge and <br /> assignment thereof under the Bond Legislation, <br /> Indenture and Agreement. <br /> (d) Recordings and Filinqs . The Issuer will cause <br /> all necessary financinq statements, amendments <br /> thereto, continuation statements and instruments <br /> of similar character relating to the pledges and <br /> assignments made by the Issuer to secure the <br /> Series 1992 Bonds, to be recorded or filed in <br /> such manner and in such places as and to the <br /> extent required by law in order to fully preserve <br /> and protect the security of the Bondholders and <br /> the rights of the Trustee under the Indenture; <br /> and in pursuance hereof the Borrower has <br /> covenanted to cause to be delivered to the <br /> Trustee certain opinions of counsel, all as set <br /> forth in the Agreement. <br /> (e) Inspection of Project Books . All books and <br /> documents in the Issuer ' s possession relating to <br /> the Project or to the Pledged Receipts shall at <br /> all reasonable times be open to inspection by <br /> - 15 - <br />