Performance of This and Other Agreements. The City shall punctually pay or cause to be paid all amounts payable under this Agreement, the Fee Letter, the Covered Notes and the other Program Documents to which it is a party and observe and perform all of the conditions, covenants and requirements set forth in this Agreement, the Fee Letter, the Covered Notes and the other Program Documents to which it is a party, except those amounts payable or conditions, covenants and requirements which are being contested in good faith by appropriate proceedings diligently being conducted and for which adequate reserves have been provided in accordance with generally accepted accounting principles.
Appears in 4 contracts
Samples: Credit and Reimbursement Agreement, Letter of Credit and Reimbursement Agreement, Credit and Reimbursement Agreement
