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1 i <br /> SECTION 4.19 EXPENSES OF COLLECTION OR ENFORCEMENT <br /> If, at any time, the Contractor defaults on any provision of this Agreement, <br /> pay the City in addition to any other amounts that may be due from the Contractor, <br /> an amount equal to the costs and expenses of collection, enforcement, or correction, <br /> or waiver of the default incurred by the City's rights under this Agreement and the <br /> Exhibits incorporated hereto. <br /> ARTICLE V: NEGATIVE COVENANTS <br /> The Contractor covenants and agrees that for the life of the Regulatory <br /> Agreement Contractor will not, without prior written consent of City: <br /> SECTION 5.01 USE OF FUNDS <br /> Use any of the proceeds of the Loan except for the purpose(s) stated in Section <br /> 1.04 of this Agreement. <br /> SECTION 5.02 ENCUMBER THE ACQUISITION ASSETS <br /> Create nor suffer to exist any mortgage, lien, charge, or encumbrance, <br /> including liens arising from judgments on the Acquisition Assets (those covered in <br /> Sections 1.04). This includes Workers' Compensation, unemployment, Internal <br /> Revenue Service, State, local, mechanic, and any other liens of any type; provided, <br /> however, that Contractor shall have 30 days to discharge or provide adequate security <br /> for any involuntary lien upon the Acquisition Assets. <br /> SECTION 5.03 MERGER, CONSOLIDATION, SALE OF ASSETS <br /> Merge into or consolidate with any corporation or other entity, or acquire all <br /> or substantially all of the assets of any other corporation or entity; or sell, lease, <br /> assign, transfer or otherwise dispose of all or substantially all of Contractor's assets. <br /> SECTION 5.04 LOANS, ADVANCES, INVESTMENTS <br /> Make any loan or advances to or investments in, any person or entity except <br /> those usually made in the ordinary course of business. <br /> 11 <br />