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(ii) during the period when any amount so contested remains <br />unpaid, the Lessee sets aside on its books adequate reserves with <br />respect thereto. <br /> <br /> (i) Failure by the Lessee to comply with the provisions of Section 6.4 <br />hereof after five business days notice of such failure. <br /> <br /> (j) The occurrence of an Event of Default under the Guaranty and <br />Security Agreement or the Tax Compliance Agreement, both as defined in the <br />First Supplemental Senior Indenture. <br /> <br /> No event described in subparagraphs (c) and (d) of the preceding paragraph shall <br />constitute an Event of Default hereunder if, by reason of an event of Force Majeure, the Lessee <br />is unable in whole or in part to carry out the covenants, agreements and obligations to which <br />subparagraph (c) applies, other than the covenants, agreements and obligations on the part of the <br />Lessee to carry insurance and to pay Principal and Interest Requirements, Additional Payments <br />and other amounts payable under the Lease, or to which subparagraph (d) applies. The Lessee <br />will give notice promptly to the Senior Trustee or the City of any event of Force Majeure and <br />will use its best efforts to remedy that event with all reasonable dispatch; provided that the <br />Lessee will not be required to settle strikes, lockouts or other industrial disturbances by acceding <br />to the demands of any opposing Person, when in the Lessee's judgment, that course would be <br />unfavorable to it. <br /> <br /> As used herein, "Force Majeure" means acts of God; fires; epidemics; landslides; <br />floods; strikes; lockouts or other industrial disturbances; acts of public enemies; acts or orders <br />of any kind of any governmental authority; insurrections; riots; civil disturbances; arrests; <br />explosions; breakage or malfunctions of or accidents to machinery, transmission pipes or canals; <br />partial or entire failures of utilities; shortages of labor, materials, supplies or transportation; <br />lightning, earthquakes, hurricanes, tornadoes, storms or droughts; or any cause or event not <br />reasonably within the control of the Lessee. <br /> <br /> The declaration of an Event of Default and the exercise of remedies upon the <br />declaration shall be subject to any applicable limitations of federal bankruptcy law affecting or <br />precluding the declaration or exercise during the pendency of or immediately following any <br />bankruptcy, liquidation or reorganization proceedings. <br /> <br /> Section 13.2. Remedies on Default. Whenever any Event of Default under <br />Section 13.1 of this Lease shall have occurred and be'continuing, after first giving the Member <br />and the Lessee notice of the remedial step proposed to be taken at least seven (7) Business Days <br />prior to taking the remedial step, any one or more of the following remedial steps may be taken; <br />provided that in no event shall the City be obligated to take any step which in its opinion will <br />or might cause it to expend time or money or otherwise to incur liability, unless and until the <br />City has been furnished a satisfactory indemnity bond at no cost or expense to it: <br /> <br /> (a) The Senior Trustee may, and if acceleration of maturity of the Bonds <br /> is declared pursuant to Section 7.02 of the Senior Indenture, the Senior Trustee <br /> shall, declare all installments of Basic Rent, Additional Payments and other <br /> amounts payable under this Lease for the remainder of the Lease Term to be <br /> immediately due and payable, whereupon those installments of Basic Rent, <br /> Additional Payments and other amounts shall become due and payable <br /> immediately. <br /> <br /> (b) In accordance with applicable law, the Senior Trustee, or upon ten <br />(10) days' written notice and with the prior written consent of the Senior Trustee, <br />the City or its designee, may: <br /> <br /> <br />