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<br /> at this point by reference, and including contracts to be entered <br /> into in accordance with the next succeeding paragraph of this <br /> Agreement. All such contracts shall be transferred and assigned <br /> to CITY at the time of Closing. <br /> 6.04 LCRA agrees that between the date hereof and Closing <br /> Drte, it will enter into no contracts in connection with the <br /> operation of the electric Properties to be conveyed under the <br /> terms of this Agreement, other than such contracts as are <br /> incidental to the normal operation of such Properties. LCRA <br /> agrees to enter into no contract of lease or renewal of lease for <br /> a term of more than six months and no contracts for electric <br /> service, other than residential and commercial service, of a dura- <br /> tion of more than six months, without the consent of CITY. <br /> ARTICLE VII <br /> CLOSING OF PURCHASE <br /> 7.01 LCRA shall bill, collect and pay all sales taxes for <br /> which LCRA is responsible through the date of transfer to CITY of <br /> each customer account as provided in this Agreement. After the <br /> date of transfer from LCRA to CITY of each customer account as <br /> provided in this Agreement, CITY shall bill, collect and pay all <br /> applicable sales taxes on each transferred account. <br /> 7.02 CITY shall pay (on, or as soon as possible after, the <br /> Closing Date) to LCRA, the amount of all other prepaid accounts, <br /> if any, in connection with the ownership or operation of the <br /> Properties to be transferred by CITY, prepaid at the Closing Date, <br /> including prepaid accounts for insurance (on policies <br /> 11. <br />