Laserfiche WebLink
Ya . � � 1 i� ti <br />?. , �f'i�5 ' <br />� ` t !GS <br />.� . . . . . � . . . . . � . . �.i.'� . � . . <br />�r, Y � <br /> r � • . <br /> 76- 0059 '1r : ' <br /> • Notwithstanding anything to the contrary cont�� in�d herein , the Company <br /> covenants ��nd agrees Cltat it iai11 pay the Rasic Reut at such times and in such amount <br /> 'f as .o assure that no default in thc payment of principal of or interesC on the Bondr; <br /> ' or in providing for said Amortization requiremenCs shall at any time occur . <br /> _ <br /> _:, . <br /> �" The Company shall pay , when due and payable , as Additional Rent suctt of <br /> 3 the following costs and expenses properly incurred by the Lessor as are not paid out <br /> r.'t of the proceeds of the Bonds : <br /> ; <br /> ,:, <br /> FY <br /> (a) the fees and other costs payable [o the Trustee for services under the <br /> ' Mortgage ; <br /> �; (b ) all costs incurred in the purchase or redemption of Bonds to the extent <br /> ' E moneys in the Bond Fund nre not available therefor ; <br /> ;; <br /> ': (c) the fees and other costs incurred for services of such engineers , <br /> ; architects and independent accountants as are employed to make examinations and reports <br /> -` required under this Lease or the Piortgage ; <br /> `-a <br /> '� (d ) the amount oE the net loss , if any , suffeted in the investment by the <br /> ,f Trustee of any funds in its custody under the Mortgage ; <br /> s <br /> ,z (e) reasonable fees and other costs , not otherwise paid under this Lease <br /> -' or the r:ortgage , incurred by the Lessor in connection witti its administration and ` <br /> ` � enforcement of , and compliance with , Chis Lease and the Mortgage ; <br /> , <br /> �N <br /> ' (f ) ad valorem taxes upon all of the Demised Premises ; and <br /> r <br /> rt <br /> ; (g) all fees and costs incurred in the acquisiCion of insurance coverage <br /> ,� required by Section 4 . 01 of this Lease . <br /> � = In the event the Company shall fail to make any rent payment as required by <br /> ! this Section , the payment so in default shall continue as an obligation of tt�e Company <br /> ` � until the amount in default shall have been fully paid . <br /> ,f <br /> Section 1 . 05 . To Wliom Rent is Payable . Payments of the Basic Rent shall be <br /> � made by the Company directly L- o ttie Trustee for deposit to the credit of the Bond Fund . <br /> �'3� Payments of the Additional Rent shall be made by the Company directly to the persons , <br /> firms , governmen[al agencies and other entities , including the Lessor and the Trustee , <br /> j entitled to .such payments ; provided , . however , that upon written request to the Company <br /> by the Trustee , any or all of such payments shall be made to the Trustee for payment <br /> r� � by the Trustee of the costs and expenses for which the Additional Rent is payable . <br /> i <br /> ; Section 1 . 06 . Notice to Pay ; Medium of Pavment • Acceleration . Failure to <br /> � receive any prior notice of the due date of any installment of Basic Rent will not <br /> ' relieve the Company of its obligation to pay such installment of Basic Rent when it <br /> is due and payable . The Company covenants and agrees that it will pay or cause to be <br /> paid when due and payable hereunder the flasic Rent , and every installment thereof , <br /> without notice or demand therefor and witi�out abatement , reduction or set-off of any <br /> ` kind or nature whatsover , in such coin or currency of tlie United States of America as , <br /> at the time of payment , shall be legal tender for the payment of public and private <br /> '� debts . The Basic RenC required to be paid hereunder to the Trustee shall be absolutely <br /> `'`' net to the Lessor . <br /> , > <br /> If by reason of any default of the Lessor under the Atortgage the obligation <br /> „ of the Lessor to pay the Bonds is accelerated or the Bonds shall otherwise be due and <br /> payable immediately pursuant to the provisions of the Mortgage , the Company shall <br /> _ forthwith pay to the Trustee for deposit to the credit of the 8ond Fur,d an amount <br /> ' "�; which shall be sufficient , with all other funds available therefor , to pay the Bonds <br /> in full , including all principal and interest and redemption premium , if any , and to <br /> pay all other obligations of the Lessor incurred or to be incurred in connection with <br /> ' the Demised Premises or Additional Improvements , if any , or under the Piortgage or <br /> 7 this Lease . <br /> , yI :.. J. t � <br /> - I-2 . ' <br /> w ,,, '. <br /> � � , <br /> L h ,- . <br /> � <br /> _ - �„ <br /> h <br />+ ', <br />'J�yl <br />\ ��� � <br /> � <br />