1. MIDA Bond-Essentia Health
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1. MIDA Bond-Essentia Health
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<br />4. The liability of the County and the Cities with respect to the Bonds shall be <br />limited as provided in the Act and in the Indenture. Except to the extent specifically provided <br />herein, the County and the Cities shall not incur any obligations or liabilities to each other as a <br />result of the financing or use of the Project by the Borrower. The Bonds shall be special, limited <br />obligations of the County payable solely from proceeds, revenues and other amounts pledged <br />thereto and more fully described in the Indenture. The Bonds and the interest thereon shall <br />neither constitute nor give rise to a pecuniary liability, general or moral obligation or a pledge of <br />the full faith or loan of credit of the County, the Cities, the State or any political subdivision of <br />the above, within the meaning of any charter, constitutional or statutory provisions. <br /> <br />5. All costs incurred by the County and the Cities in the authorization, execution, <br />delivery and performance of this Agreement shall be paid by the Borrower. <br /> <br />6. This Agreement may not be terminated by any party so long as any Bonds are <br />Outstanding (as defined in the Indenture). <br /> <br />7. This Agreement may be amended by the County and the Cities at any time. No <br />amendment may impair the rights of the holders of the Bonds, unless they have consented to <br />such amendment in the manner provided for an amendment of the Indenture. <br /> <br />8. This Agreement may be executed in several counterparts, each of which shall be <br />regarded as an original and all of which shall constitute but one and the same Agreement. <br /> <br />3 <br />
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