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pay funds to SAWPA in accordance with invoices submitted by SAWPA, <br />within 15 days of receipt by COLTON. <br />3. Additional Funds. The PARTIES acknowledge and agree that <br />the funds to be contributed pursuant to this Agreement by the <br />PARTIES may not be sufficient since this Agreement, executed prior <br />to any expenditures being made, represents a good -faith estimate by <br />the PARTIES of anticipated costs. Therefore, in the event <br />additional funding is required, the PARTIES hereby agree to deal in <br />good faith with each other in order to satisfy any shortfalls in <br />funding. <br />4. Permanent Financincr. SAWPA shall use its best efforts to <br />obtain bonds or other financing for the construction and operation <br />of the Demonstration Facility. If bonds are issued or other types <br />of financing are obtained, COLTON shall be consulted and shall have <br />the right to approve the amount of bonds issued or other financing <br />obtained, the term, the rate of interest, and other material terms <br />of the bond issuance or other financing. <br />5. Facility Sites No. i and 2. SAWPA shall apply the funds <br />provided by COLTON toward a lease or purchase option on Sites No. 1 <br />and 2 described in Exhibit "A", or such other sites as may be agreed <br />upon by the PARTIES. <br />6. Indemnification. Each party shall indemnify and hold <br />harmless the other and its agents, employees, representatives, <br />successors and assigns, as indemnified, from and against any and <br />4 <br />