Guam § 7 - Absolute Obligation of Government.

§ 7. Absolute Obligation of Government.

Nothing in § 7.06 or in any other provision of this indenture,

or in the Bonds, contained shall affect or impair the obligation of

the Government, which is absolute and unconditional, to pay the

principal or Redemption Price of and interest on the Bonds to the

respective Holders of the Bonds at their respective dates of

maturity, or upon call for redemption, as herein provided, but only

out of the Revenues and other assets herein pledged therefor, or

affect or impair the right of such Holders, which is also absolute

and unconditional, to enforce such payment by virtue of the

contract embodied in the Bonds.