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5 GCA § 6.10

Compliance with Indenture. Contracts. Laws and

Guam Code AnnotatedTitle 5 — Government Operations
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Regulations. COL4/6/2022 CH. 22 GENERAL FISCAL POLICIES AND CONTROLS The Government shall faithfully observe and perform all the covenants, conditions and requirements of this Indenture, shall not issue any Bonds in any manner other than in accordance with this Indenture, and shall not take any action that would permit any default to occur hereunder, or do or permit to be done anything that might in any way weaken, diminish or impair the security intended to be given pursuant to this indenture. Subject to the limitations and consistent with the covenants, conditions and requirements contained in this Indenture, the Government shall comply with the terms, covenants and provisions, express or implied, of all contracts concerning or affecting the application of proceeds of Bonds or Revenues. The Government shall comply promptly, fully and faithfully with and abide by any statute, law, ordinance, order, rule or regulation, judgment, decree, direction or requirement now in force or hereafter enacted, adopted, prescribed, imposed or entered by any competent governmental authority or agency applicable to or affecting the Bonds.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.