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j <br /> CLEAN WATER STATE REVOLVING FUND LOAN AGREEMENT <br /> CONTENTS PAGE <br /> ARTICLE I - DEFINITIONS 1 <br /> 1.01. WORDS AND TERMS. 1 <br /> 1.02. CORRELATIVE WORDS. 3 <br /> ARTICLE II - WARRANTIES, REPRESENTATIONS AND COVENANTS 3 <br /> 2.01. WARRANTIES, REPRESENTATIONS AND COVENANTS. 3 <br /> 2.02. LEGAL AUTHORIZATION. 5 <br /> ARTICLE III - LOAN REPAYMENT ACCOUNTS 5 <br /> 3.01. LOAN DEBT SERVICE ACCOUNT. 5 <br /> 3.02. INVESTMENT OF LOAN DEBT SERVICE ACCOUNT MONEYS. 6 <br /> 3.03. LOAN DEBT SERVICE ACCOUNT WITHDRAWALS. 6 <br /> 3.04. LOAN REPAYMENT RESERVE ACCOUNT. 6 <br /> 3.05. LOAN REPAYMENT RESERVE WITHDRAWALS. _ 6 <br /> 3.06. RESTORATION OF LOAN REPAYMENT RESERVE ACCOUNT. 6 <br /> 3.07. INVESTMENT OF LOAN REPAYMENT RESERVE MONEYS. 6 <br /> 3.08. ASSETS HELD IN TRUST. 6 <br /> ARTICLE IV- PROGRAM INFORMATION 7 <br /> 4.01. PROJECT CHANGES. 7 <br /> 4.02. TITLE TO PROJECT SITE. 7 <br /> 4.03. RESERVED. 7 <br /> 4.04. RESERVED. 7 <br /> 4.05. PROHIBITION AGAINST ENCUMBRANCES. 7 <br /> 4.06. COMPLETION MONEYS. 7 <br /> 4.07. CLOSE-OUT. 8 <br /> 4.08. LOAN DISBURSEMENTS. 8 <br /> ARTICLE V-RATES AND USE OF THE STORMWATER SYSTEM 8 <br /> 5.01. RATE COVERAGE. 8 <br /> 5.02. MAINTENANCE OF THE STORMWATER SYSTEM. 9 <br /> 5.03.ADDITIONS AND MODIFICATIONS. 9 <br /> 5.04. COLLECTION OF REVENUES. 9 <br /> ARTICLE VI- DEFAULTS AND REMEDIES 9 <br /> 6.01. EVENTS OF DEFAULT. 9 <br /> 6.02. REMEDIES. 10 <br /> 6.03. DELAY AND WAIVER. 10 <br /> ARTICLE VII-THE PLEDGED REVENUES 11 <br /> 7.01. SUPERIORITY OF THE PLEDGE TO THE DEPARTMENT. 11 <br /> 7.02. ADDITIONAL DEBT OBLIGATIONS. 11 <br /> !I <br />