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<br />with rbspect to suoh date, or an amount equal thereto, provided how-
<br />ever that upon the purchase of any Property by Lessee pursuant to
<br />Section 13, hereof and the prepayment of any of Lessor's 43/4, 7o Secured
<br />:Votes due December 1, 1987 (iiereiucalled the "Notes ") with the pro-
<br />ceeds thereof, then, each subsequent installment of basic ientai, or
<br />such amount equal thereto, shall be reduced by the sum of (i) the
<br />amount by -A hick the prepayment of the No4s, on the date of such
<br />subsequent installment of basso rental, required by paragraph 7(a) of
<br />the several Vote Pux chase A$ieements dated July A 1962 betiieen the
<br />Company and various institutional investors (herein called the "Note
<br />Pga.chase Agieements ") «as reduced as a result of such prepayment
<br />and; jir) 23,1s7o of an amount equal to that portion of the piincipal
<br />amount of :Totes as oiigxnally issued which, solely as a result of such
<br />prepayment, is not outstanding on the date of such subsequent install-
<br />ment of basso rental,
<br />The obligation of Lessee to pay such rental installments, or amounts
<br />equal thereto, and any other amounts payable pursuant to this Lease
<br />is and shall be deemed a separate, absolute, unconditional, independ-
<br />ent covenant without any right of set -of for any reason nbatsoever
<br />and shall not be abated, defer red or diminished on account of loss or
<br />destruction of, damage to, by fire, casualty, ..A.ct of God or enemy, ox
<br />otherwise, condemnation under the poN%er of eminent doinain of or re-
<br />striction of the use or ocupaney of, any one or mote of the Propeities
<br />or portions thereof, or for any defect in Lessor's title, including
<br />eviction by title paramount, or for any failure by Lessor to comply with
<br />any provision hereof, or by reason of the insolvency or bankruptcy of
<br />Lessor, or for any other cause This Lease is and shall be deemed and
<br />construed to be a `net lease" and Lessor shall receive, except as other -
<br />tiNise expressly provided, such rental installments or amounts equal
<br />thereto, and such other amounts payable pursuant to this Lease, free
<br />from any charges, taxes, assessments, fees, impositions, expenses or
<br />deductions of any and every kind or nature whatsoever,
<br />4 Defect m Lessor's TWe Lessee accepts the Proper ties in then
<br />present condition, without any representation or warranty by Lessor
<br />as to the condition, `use on open ation thereof Lessor makes no cove-
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