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The Authority will, at all times during the term of this Operating Agreement, fix, <br /> prescribe and collect the Service Payments and Operating Payments in connection with use of <br /> the Project so as to yield sufficient amounts, after making reasonable allowances for <br /> contingencies and errors in the estimates, to pay the Debt Service and Operating Costs due in the <br /> applicable Fiscal Year. The Authority shall provide a written statement to the Counties and the <br /> Trustee by October 1 of each year to the effect that it has on deposit, or reasonably expects to <br /> have on deposit when needed, sufficient funds to pay the Debt Service and Operating Costs as <br /> they come due in the current Fiscal Year. <br /> Section 4.14. Operation of Project. <br /> The Authority will, so long as the Bonds are Outstanding, continue to operate the Project. <br /> The Authority will use its best efforts to employ, or cause to be employed, sufficient staff to <br /> maintain and operate the Project. User hereby covenants to purchase any replacement or <br /> • additional components to be used in conjunction with the service provided by the Project from <br /> the Authority, or in conformity with such specifications as the Authority may, from time to time, <br /> prescribe. User will not use the service provided by the Project with any equipment which is not <br /> authorized by the Authority. User hereby covenants not to use the Project in any manner which <br /> may adversely affect the service provided by the Project. <br /> Section 4.15. Reserved. <br /> Section 4.16. Further Assurances. <br /> • <br /> The Authority and the Users will each adopt, deliver, execute and make any and all <br /> further assurances, instruments and resolutions as may be reasonably necessary or proper to carry <br /> out the intention or to facilitate the performance hereof of the respective parties. <br /> • <br /> Section 4.17. Eminent Domain Proceeds. <br /> If all or any part of the Project shall be taken by eminent domain proceedings, the Net <br /> Proceeds thereof shall be used to prepay or defease the Bonds. <br /> Section 4.18. Use of Eminent Domain. <br /> User hereby covenants and agrees, to the extent it may lawfully do so, that during the <br /> term of this Operating Agreement, and so long as any of the Bonds remain Outstanding and <br /> unpaid, User will not exercise the power of condemnation with respect to the Project or any <br /> component thereof. User further covenants and agrees, to the extent it may lawfully do so, that <br /> if for any reason the foregoing covenant is determined to be unenforceable or if User should fail <br /> or refuse to abide by such covenant and shall condemn the Project or any component thereof, the <br /> appraised value of the Project or such component shall not be less than the greater of (i) if the <br /> Bonds are then subject to redemption, the principal and interest due on the Bonds outstanding <br /> through the date of their redemption, or (ii) if the Bonds are not then subject to redemption, the <br /> amount necessary to defease such Bonds to the first available redemption date in accordance <br /> with the Trust Agreement. <br /> -14- <br /> i Project Operating Agreement 082710 <br />