Common use of CONTROL OVER MATTERS RELATED TO INFRASTRUCTURE AND BONDS Clause in Contracts

CONTROL OVER MATTERS RELATED TO INFRASTRUCTURE AND BONDS. Notwithstanding anything to the contrary herein, WPHC shall have sole and exclusive control over all decisions of the Company relating to the Bonds, to the subdivision and sale of the Infrastructure Land and to the financing, construction, use and development of the Infrastructure. In order to procure for the Project the benefits of the use and enjoyment of the Infrastructure to be constructed by PPPIC, the Company shall enter into such agreements with PPPIC as WPHC may require, in form and content acceptable to WPHC in its sole discretion, providing, among other things, for the encumbering of the Land by liens securing payment of the Bonds, operation and maintenance of the Infrastructure and satisfaction of certain indemnification obligations undertaken by PPPIC with respect to the Infrastructure. 5.3.3

CONTROL OVER MATTERS RELATED TO INFRASTRUCTURE AND BONDS. Notwithstanding anything to the contrary herein, WPHC shall have sole and exclusive control over all decisions of the Company relating to the Bonds, to the subdivision and sale of the Infrastructure Land and to the financing, construction, use and development of the Infrastructure. In order to procure for the Project the benefits of the use and enjoyment of the Infrastructure to be constructed by PPPIC, the Company shall enter into such agreements with PPPIC as WPHC may require, in form and content acceptable to WPHC in its sole discretion, providing, among other things, for the encumbering of the Land by liens securing payment of the Bonds, operation and maintenance of the Infrastructure and satisfaction of certain indemnification obligations undertaken by PPPIC with respect to the Infrastructure. 5.3.3.