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e e SECTION 16. GENERAL COVENANTS. The City further covenants. warrants, and agrees that in accordance with and to the extent required or pennitted by law while the Parity Bonds are outstanding and unpaid: (a) Perfonnance. It will faithfully perfonn at all times any and a11 covenants, undertakings, stipulations, and provisions contained in each Parity Bonds Ordinance. and in each and every Parity Bond; it will promptly payor cause to be paid the principal of and interest on every Parity Bond, on the dates and in the places and manner prescribed in the Parity Bonds Ordinances: and it will. at the times and in the manner prescribed, deposit or cause to be deposited the amounts required to be deposited into the Interest and Sinking Fund and the Reserve Fund; and any holder of the Parity Bonds may require the City, its officials and employees to carry out, respect. or enforce the covenants and obligations of the Parity Bonds Ordinances by all legal and equitable means, including specifically, but without limitation, the use and filing of mandamus proceedings in any court of competent jurisdiction against the City, its officials and employees. (b) City's Le~al Authority. It is a duly created and existing home rule city of the State of Texas, and is duly authorized under the laws of the State of Texas to create and issue the Parity Bonds; it has the lawful power to pledge the revenues supporting the Bonds and has lawfu11y exercised said power under the Constitution and laws of the State of Texas. including said power existing under Articles 1111 to 1118, both inclusive, Revised Civil Statutes of the State of Texas. as amended; the Bonds issued hereunder shall be ratably secured by said pledge of income, in such manner that one Bond shall have no preference over any other Bond; all action on its pan for the creation and issuance of said obligations has been duly and effectively taken; and said obligations in the hands of the holders and owners thereof are and will be valid and enforceable special obligations of the City in accordance with their tenns. (c) Title. It has or will obtain lawful title to the lands. buildings, structures, and facilities consti- tuting the System; it will defend the title to all the aforesaid lands, buildings, structures. and facilities, and every pan thereof, for the benefit of the holders and owners of the Parity Bonds, against the claims and demands of all persons whomsoever; it is lawfully qualified to pledge the Net Revenues to the payment of the Parity Bonds in the manner prescribed herein; and it has lawfully' exercised such rights. (d) Liens. It will from time to time and before the same become delinquent pay and discharge all taxes, assessments and governmental charges, if any, which shall be lawfully imposed upon it or the System; it will pay all lawful claims for rents. royalties. labor, materials, and supplies which if unpaid might by law become a lien or charge thereon, the lien of which would be prior to or interfere with the liens hereof, so that the priority of the liens granted hereunder shall be fu11y preserved in the manner provided herein: and it will not create or suffer to be created any mechanic's, laborer's, materialman's or other lien or charge which might or could be prior to the liens hereof. or do or suffer any matter or thing whereby the liens hereof might or could be impaired: provided, however, that no such tax, assessment, or charge, and that no such claims which might be used as the basis of a mechanic's. laborer's, materialman's, or other lien or charge, shall be required to be paid so long as the validity of the same shall be contested in good faith by the City. 14