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<br />ARTICLE VI
<br />GENERAL COVENANTS
<br />Section 6.1 Payment of Principal and Interest. The Issuer covenants that it will
<br />promptly pay the principal of and interest on every Bond issued under this Indenture at the place,
<br />on the dates and in the manner provided herein and in said Bonds according to the true intent and
<br />meaning thereof. The principal of and interest on the Bonds are payable solely and only from the
<br />Trust Estate, consisting of funds and accounts held under the Indenture and the Lease Rental
<br />Payments, which payments are specifically pledged and assigned to the payment of the Bonds in
<br />the manner and to the extent herein specified, and nothing in the Bonds or in this Indenture should
<br />be considered as pledging any other funds or assets of the Issuer. The Bonds, and the interest
<br />payable thereon, do not and shall not represent or constitute a debt of the Issuer, the State of
<br />Indiana, or any political subdivision or taxing authority thereof within the meaning of the
<br />provisions of the constitution or statutes of the State of Indiana or a pledge of the faith and credit
<br />of the Issuer, the State of Indiana, or any political subdivision or taxing authority thereof. The
<br />Bonds, as to both principal and interest, are not an obligation or liability of the Issuer, the State of
<br />Indiana, or of any political subdivision or taxing authority thereof, but are special limited
<br />obligations of the Issuer and are payable solely and only from the Trust Estate, consisting of funds
<br />and accounts held under the Indenture and the Lease Rental Payments pledged and assigned for
<br />payment of the Bonds in accordance with the Indenture. Neither the faith and credit nor the taxing
<br />power of the Issuer, the State of Indiana or any political subdivision or taxing authority thereof is
<br />pledged to the payment of the principal of or the interest on the Bonds. The Bonds do not grant
<br />the owners or holders thereof any right to have the Issuer, the State of Indiana or its General
<br />Assembly, or any political subdivision or taxing authority of the State of Indiana, levy any taxes
<br />or appropriate any funds for the payment of the principal of or interest on the Bonds. The Issuer
<br />has no taxing power with respect to the Bonds. No covenant or agreement contained in the Bonds,
<br />the Financing Agreement, or the Indenture shall be deemed to be a covenant or agreement of any
<br />member, director, officer, agent, attorney or employee of the Redevelopment Commission,
<br />Economic Development Commission, or the Issuer in his or her individual capacity, and no
<br />member, director, officer, agent, attorney or employee of the Redevelopment Commission,
<br />Economic Development Commission, or the Issuer executing the Bonds shall be liable personally
<br />on the Bonds or be subject to any personal liability or accountability by reason of the issuance of
<br />the Bonds. Under no circumstances shall the Corporation be liable for making any payments due
<br />under this Indenture or on the Bonds, including any payment of principal of, premium, if any, or
<br />interest on the Bonds.
<br />Section 6.2 Performance of Covenants. The Issuer covenants that it will faithfully
<br />perform at all times any and all covenants, undertakings, stipulations and provisions contained in
<br />this Indenture, in any and every Bond executed, authenticated and delivered hereunder and in all
<br />proceedings of its members pertaining thereto. The Issuer represents that it is duly authorized under
<br />the constitution and laws of the State of Indiana to issue the Bonds authorized hereby and to
<br />execute this Indenture, and to pledge and assign the Lease Rental Payments in the manner and to
<br />the extent herein set forth; that all action on its part for the issuance of the Bonds and the execution
<br />and delivery of this Indenture has been duly and effectively taken; and that the Bonds in the hands
<br />of the holders and owners thereof are and will be valid and enforceable obligations of the Issuer
<br />according to the import thereof, subject to bankruptcy, insolvency, reorganization, moratorium and
<br />other similar laws, judicial decisions and principles of equity relating to or affecting creditors’
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