Requirements of the Act. In addition to the other requirements set forth herein, the Borrower hereby agrees that it shall comply with each of the requirements of the Act, including the following:
Requirements of the Act. Pursuant to the terms of the ----------------------- Act, the obligations of the Authority under this Guarantee shall first be paid from any amounts readily available in the Connecticut Works Guarantee Fund (as defined in the Act) before any amounts available from the bond authorization contained in Section 32-262 of the Connecticut General Statutes are utilized. In accordance with and subject to the Act, the faith and credit of the State of Connecticut is pledged, pursuant to such bond authorization and in accordance with Section 3-20 of the Connecticut General Statutes, to provide to the Connecticut Works Guarantee Fund moneys as and when necessary to make timely payments of all amounts required to be paid under the terms of this Guarantee, but not in excess of the amount of bonds so authorized by the State of Connecticut Bond Commission for such purpose less the amounts paid by the State of Connecticut for deposit to the Connecticut Works Guarantee Fund. NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, THE OBLIGATION OF THE AUTHORITY TO MANE PAYMENTS UNDER THIS GUARANTEE SHALL BE LIMITED SOLELY TO SUCH SOURCES AND SHALL NOT CONSTITUTE A DEBT OR LIABILITY OF THE AUTHORITY OR THE STATE OF CONNECTICUT. The Lender and the Borrower each acknowledges that this Guarantee Certificate has been issued subject to the terms of Section 32-5a of the Connecticut General Statutes, as amended by Public Act 93-218 and Public Act 93-360. Section 32-5a:
