1. MIDA Bond-Oak Grove School - Laserfiche WebLink

SECTION 11.05. EXECUTION IN COUNTERPARTS. This Loan Agreement may be simultaneously executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. SECTION 11.06. REQUIRED ApPROVALS. Consents and approvals required by this Loan Agreement to be obtained from the Corporation, the Issuer or the Lender shall be in writing and shall not be unreasonably withheld or delayed. SECTION 11.07. LIMI!'c\TION ON ISSUER LIABILITY. No agreements orprovlSlons contained in this Loan Agreement nor any agreement, covenant or undertaking by the Issuer contained in any document executed by the Issuer in connection with the Facilities shall give rise to any pecuniary liability of the J ssuer or a charge against its general credit or taxing powers, or shall obligate the Issuer financially in any way except with respect to the Facilities and the application of revenue therefrom and the proceeds of the Bonds. No failure of the Issuer to comply with any term, condition, covenant or agreement herein shall subject the Issuer to liability for any claim for damages, costs or other fi nan c: :: 1 or pecuniary ell arge except to the extent that the same can be paid or recovered from the Faciliti,',; or revenues therefrom or proceeds of the Bonds; and no execution of any claim, demand, cause of :lction or judgment shall be levied upon or collected from the general credit, general funds or taxing llowers of the Issuer. Nothing herein shall preclude a proper party in interest from seeking and 0 bta::1 i ng specific performance against the Issuer for any failure to comply with any term, condition, COVl'nant or agreement herein; provided, that no costs, expenses or other monetary relief shall be rccove:'able from the Jssuer except as may be payable from the Facilities or its revenues. SECTION 11.08. SUR': VORSIlIPOFOIlLlGATIONS. All obligations ofthe Corporation under Sections 7.03, 7.07 and 9.04 ~":11 survive payment ofthe Bonds or earlier termination of this Loan Agreement. (RenUi ;Ilder of this page intentionally left blank.) 11-2