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(d) Notices to be sent to the attention of the SURVEILLANCE <br />DEPARTMENT: <br />While the Surety Bond is in effect, the Commission shall furnish to <br />Ambac Assurance: <br />(A) as soon as practicable after the filing thereof, a copy of any <br />financial statement of the Commission and/or the City and <br />a copy of any audit and annual report of the Commission <br />and/or the City; <br />(B) such additional information it may reasonably request. <br />2. A copy of any notice to be given to the registered owners of the <br />Bonds, including, without limitation, notice of any redemption of <br />or defeasance of Bonds, and any certificate rendered pursuant to <br />this Resolution relating to the security of the Bonds. <br />3. To the extent that the Commission has entered into a continuing <br />disclosure agreement with respect to the Bonds, Ambac Assurance <br />shall be included as a party to be notified. <br />(e) Notices to be sent to the attention of the GENERAL <br />COUNSEL OFFICE: <br />1. The Commission shall notify Ambac Assurance of any failure of <br />the Commission to provide relevant notices, certificates, etc. <br />2. Notwithstanding any other provision of this Resolution, the <br />Commission immediately notify Ambac Assurance if at anytime <br />there are insufficient moneys to make any payments of principal <br />and interest as required and immediately upon the occurrence of <br />(i) any event of default hereunder or (ii) any payment default under <br />any related security agreement. <br />(f) The Commission will permit Ambac Assurance to discuss <br />the affairs, finances and accounts of the Commission or any information Ambac <br />Assurance may reasonably request regarding the security for the Bonds with <br />appropriate officers of the Commission. The Commission, as appropriate, will <br />permit Ambac Assurance to have access to and to make copies of all books and <br />records relating to the Bonds at any reasonable time. <br />(g) Anything in this Resolution to the contrary <br />notwithstanding, upon the occurrence and continuance of an event of default as <br />defined herein, Ambac Assurance shall be entitled to control and direct the <br />enforcement of all rights and remedies granted to the Holders for the benefit of <br />the Holders under this Resolution. <br />SBIMANI 137132v1 - % - <br />