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rfj � . . `�i:. <br />� :i. <br /> A . � � . . . . . . .. ' ~ � . . .� . ..`�Itry. <br /> .M <br /> . <br /> /n�4. <br />� 1M� . . . . . _. .. . . _ ���.�... . .. ... .... . �.� <br />� � �'' � <br /> .. �`r:— � � � lJ p V . . <br /> T'he Compsny shall ,give prompt written no [ ice Co boch the Lesscr and the <br /> 'frustee nf th<_ option thus exerc3sed by nc� Compaay and s:hall . therwisc� c.arrv cut its <br /> abl'3gations hereunder . ?1ny such deausit in s2id Conetructi�n I'uad ,hri11 not entitle <br /> Che Gompany to any reimbursement therefor or an� reduction in the ren: _ Tf the Company <br /> -, ,: requests the Lessor to issue nddi'ti'onal Bonris nursaunt to the ^torteage, �.nd such addi- <br /> , , tionnl bonds cun be sold at a price and upor, terms mutuall.y agreeuble to the LEssoz und <br /> ;�; the Company, the Lessor sha11 lssue the additonal L+ands in �ccordance with the Mortgage. <br /> ; Upnn the issunnce of any ndditional Bonds , the Company shall be obiigated and :�erzby <br /> F '; <br /> covenants and agtees to pay, in nddition Co Lhe Additional Bent and other naymenLs and <br /> � oblig2tions .hereunder , $asic Fieat in an imoant 's�ulYicieat f�r the p�ymant in 2u1.1 of <br /> the Bonds, includi:ng .such additional Bonds as provided in Section 1 . 04 above . ��yment <br /> of the increased Basic Rent resulting frnm the issuance of such atidiCional Bonds shall <br /> commence on the dEte that the ne�:L succeedin� installment ❑ f Easic �,eat is dve aad payabTe <br /> ' fol3owizg the issuance ot such a@ditional Bonds. Ttie Gampany shall also be obligated <br /> � to pay any Additional Rent that may be incurred by reason of the issuznce af such <br /> iz <br /> additional Bonds . <br /> ; . � <br /> ,;, <br /> In the event the Zessor , at the request or k-ith the consent of the Company, <br /> shall .issue additional indasirial development revenue Sonds pursuant L� the ?4ortg2ge , <br /> ' the Company hereby covenanzs aad agrees that it shsll psq such additional rent , both <br /> t ' Basic 'Rent and Additional ?:ent, as may be necessary to nac the priacip2l , i.nterest and <br /> � redemption premium, if an}�, of or Dn such additional bonds and shall eater into an <br /> S agreement wiLh the 7.essor amending the Lease to the estent necessan tn provide foz <br /> x � Lhe Comnany ' s pa��ment of such addiLionai rert and assumption of such other obligations <br /> ; as sha1Z be imp�sed upon tRe Cumpany �y virture of the issuaace or such ad3itional <br /> � Eonds ander the Pfortgage . <br /> 1 <br /> S. -. <br /> Secrion 1 . 15 . Surplus Bond Proceeds . In the event proce�ds receize3 From <br /> �: the sale of bonds shQnld e}:ceed the am�unt recuired to pay the cosz nf the Project , <br /> such er.cess Bond proceeds shall be cenosite3 , �� ter completion c,f t!�e E'roject , t� the <br /> f credit of the Bon3 Fund . <br /> :.� <br /> Section 1_ 16 . i�edemntian oi Bonds . The L�ssor , at the requesi at any time <br /> of zhe Campany , shall taLe a11 stens that muc be pr�aer �nri necessary under tre <br /> s applics3le reeemption pr�vis3ons of the '•forteage to e�fecL the re3ematiDn Dr a13 or <br /> part of the thea outstundiae Son3s , as mat� be saeciLied 3:� the Com�un�; , nn the earliesL <br /> ` redemption eate Da Mhich such redemation m^v be e`fected . It is un�erstood Lhat 21I <br /> � expenses oi su�4 redemption sha1Z be a2id trom monee in t*�e hands of the irustee or <br /> 3y tSe Comp��- zad �o� �+� :he �essor from its ceneral runds . ihe I.essor shall <br /> coaperate with the Coma�ny ia eifecti�g aar perchas � or -e�empticn of Son3s . <br /> F <br /> Sectioa 1 . 1J . JL':'D �llS Fuaes . 4?5er. zll th� Soaris ahall h21�e been rede�med <br /> or retired aad a11 other nbligrtions :n;,urr�e or .o be i^.cu�z-ed bv the Lessor in <br /> COIIT1eCt1LA G'1'Cfl L �1E• �E'ffi1,SE'C 2:£.'IR1Si:S �07 ::iluE.� �4tA �'1.�2'L,P,2�2 OL L:115 :,C85� Shnl.l h2YE . <br /> { <br /> been paid , Or S11S ? 1C1L'21� Y;IIICS are held 1.Il t .�li5i : JL L:] P. i�c�'IiIE:'L Cif 811 SllC�I Oiil' �1�3 .`i0:15 � <br /> zny su�l�s fi:ads remainiag ta the cr��c: t �i t7e Bond Iund or � ther ;•�ncs estzhl3shed <br /> under the Plertgage 2or the securitr oz the Boads shalZ be paid to t?�e Gomnn:.r ss ot�er- <br /> pEyment oi the �asic P.ent , _� it is n�� then ir, def��lt uader �his Lease . <br /> µ <br /> 1�'. <br /> H" . <br /> a� � � ,' <br /> "��y ' <br /> ��'� ,.. <br /> � I-s <br /> . ;� .,>.. <br /> i� <br /> � <br />> <br />=� � � <br />� �- - _ ..._ J <br />'=� <br />: z <br />_� <br /> � <br />