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<br />e <br /> <br />e <br /> <br />5.6 <br /> <br />ReiUlatory Action <br /> <br />Participants recognize that the obligations of the Managing Participant to render operation <br /> <br />and maintenance services as provided in this Agreement are subject to all present and future <br /> <br />permits, rules or regulationS issued or adopted from time to time by any regulatory authority <br /> <br />having jurisdiction, and the Participants agree to cooperate in making such applications and in <br /> <br />taking such actions as may be desirable to obtain compliance therewith. <br /> <br />5.7 The Manaainll Participant to Keep Books <br /> <br />The Managing Participant shall keep books, records, and all other documents related to <br /> <br />the costs of operating the Plant for at least five (5) years and thereafter as required by law, and <br /> <br />said books, records, and other documents shall be available upon reasonable notice for <br /> <br />inspection, copying or audit by Participants. <br /> <br />5.8 Assianments <br /> <br />This Agreement shall bind and benefit the Participants and their legl;ll successors; <br /> <br />however, a Participant share (or part thereof) shall not be assignable (1) to a non-Participant <br /> <br />unless all Participants are given notice and 30 days to match the offer of the non-Participant; (2) <br /> <br />to a non-Participant except with the written approval of the Managing Participant Director; and <br /> <br />(3) to any entity without first obtaining written consent of the Managing Participant Director. <br /> <br />. Written consent for (3) shall not be withheld unless the assignment would create a condition that <br /> <br />would deprive any Participant from obtaining water from the Plant in accordance with the terms <br /> <br />of this Agreement. <br /> <br />A:\EWBI0975.RVI <br />L.D. File No. 80-99146-0 I <br /> <br />February 9, 2000 <br /> <br />33 <br /> <br />I <br /> <br />.s. <br />i <br /> <br />A <br />i.. j <br /> <br />'ri.:.;:. . <br />