Agenda Package - 10-1-12 Reg. Meeting

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rJ 6 No provision of this Agreement shall be construed to pledge or to create a lien on any class or source of the Purchaser's moneys, nor shall any provision of this Agreement restrict the future issuance of any of the Purchaser's bonds or moneys. To the extent of any conflict between this Section and any other provision of this Agreement, this Section shall take priority. SECTION 4.3. Deed of Trust In order to secure its obligations under this Agreement, including its obligation to make the Installment Payments hereunder, the Purchaser will execute and deliver the Deed of Trust simultaneously with the execution and delivery of this Agreement. SECTION 4.4. No Set -Off; Recoupment, Etc Subject to Section 4.2 and the Enforcement Limitation, the obligation of the Purchaser to make the Installment Payments hereunder and to perform and observe the other covenants of this Agreement shall be absolute and unconditional, and the Purchaser will pay without abatement, diminution or deduction all such amounts regardless of any cause or circumstance whatsoever, including, without limitation, any defense, set -off. recoupment or counterclaim that the Purchaser may have against the Seller. I