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(c) (d) (e) (0 (g) both, would become such an "event of default." The Issuer is not in default under the Act or under any agreement or instrument to which it is a party or by which it or any of its properties is bound which default would adversely affect the enforceability or taxability of the Bonds. Absence of Litigation. No litigation, proceedings or investigations are pending or, to the knowledge of the Issuer, threatened against the Issuer at law or in equity before any court, tribunal, governmental authority or arbitration board, seeking to restrain, enjoin or limit the approval or issuance and delivery of the Bonds, the Indenture, this Lease Agreement or any other Financing Documents to which the Issuer is a party, or in which an unfavorable determination could materially and adversely affect the validity or enforceability of the Bonds, the Indenture, this Lease Agreement or any other Financing Documents to which the Issuer is a party or its ability to perform its obligations thereunder. Governmental Consents. Neither the nature of the Issuer nor any of its activities or properties, nor any relationship between the Issuer and any other person, nor any circumstance in connection with the issue, sale or delivery of any of the Bonds is such as to require the consent, approval or authorization of, or the filing, registration or qualification with, any governmental authority on the part of the Issuer in connection with the execution, delivery and performance of this Lease Agreement or any of the Financing Documents or the issue, sale or delivery of the Bonds, other than those already obtained; provided, however, no representation is made as to compliance with any federal or state securities or "blue sky" law. Nature and Location of the Project. The financing of the costs of the Project, together with related expenses, is authorized under the Act and is in furtherance of the public purposes of the Act. The Project is located within City of University City, Missouri. The Issuer will not mortgage the Project or pledge the revenues derived therefrom for any bonds or other obligations other than the Bonds except with the written consent of the Authorized Company Representative and the Bank. The Issuer shall, during the Lease Term, have no authority to operate the Project as a business or in any other manner except as the lessor thereof. Limited Obligation. Notwithstanding anything herein contained to the contrary, any obligation the Issuer may hereby incur for the payment of money shall not constitute an indebtedness of the Issuer or of the State or of any political subdivision thereof within the meaning of any state constitutional provision or statutory limitation and shall not give rise to a pecuniary liability of the Issuer or the State or any political subdivision thereof, or constitute a charge against the general credit or taxing power of the Issuer or the State or any political subdivision thereof, but shall be limited obligations of the Issuer payable solely from (i) the Eligible Moneys, (ii) revenues derived from the sale of Bonds, and (iii) amounts on deposit from time to time in the Debt Service Fund, subject to the provisions of this Lease Agreement and the Indenture permitting the application thereof for the purposes and on the terms and conditions set forth herein and therein. No Prior Pledge. Neither this Lease Agreement nor any of the Eligible Moneys have been pledged or hypothecated in any manner or for any purpose other than as provided in the Indenture as security for the payment of the Bonds. -4-