Common use of Term of Loan Agreement Clause in Contracts

Term of Loan Agreement. This Loan Agreement shall be effective from and after its execution and delivery and shall continue in full force and effect until the Bonds are deemed to be paid within the meaning of Article XII of the Indenture and provision has been made for paying all other sums payable by the Borrower to the Issuer, the Trustee, the Credit Enhancer and the Paying Agent to the date of the retirement of the Bonds. All agreements, covenants, representations and certifications by the Borrower as to all matters affecting the status of the interest on the Bonds and the indemnifications provided by Section 6.3 hereof shall survive the termination of this Loan Agreement for 12 months unless a claim has been made and then such indemnification shall continue with regard to that claim only.