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V 1 <br />� k <br /> - � xh <br /> , ��� <br />� �� � � <br /> � <br /> �, <br /> 7�. aos513 <br /> , <br /> ` Section 406 . Depreciation Reserve fiund . The Authority <br /> shall establish and maintain with the Trustee so long as any of <br /> " the Bonds are outstanding , a separate account to be known as the <br /> r <br /> ; " Depreciation Reserve Fund-- St . Francis Hospital Project" ( the <br /> ; " Depreciation Reserve Fund" ) . Pursuant to Section 7 . 10 of the <br /> z' Lease , the Lessee is required to pay the Trustee on July 1 of each <br /> -` year , beginning July 1 , 1979 , a sum equal to the difference hetween <br /> , ' ( i ) the depreciation for the Hospital Facility for the preceding <br /> £iscal year of the Lessee and ( ii } the amount reguired to be on <br /> ;, deposit in the Bond Sinking Fund with respect to the Series A Bonds <br /> s: on the next succeeding January 1 pursuant to Section 502 hereof , it <br /> ti being understood that no such payments are to be made if such re- <br /> �' quired amount exceeds such depreciation . The Lessee ` s obligation to <br /> s' make such payaaents shall be reduced by Section 906 Credits ( as herein- <br /> ,;,; after defined) and any Section 406 Credits not used in any fiscal <br /> `J year shall be carried forward to the neat succeeding fiscal year <br /> � ;` to be apnlied against the payments then due . <br /> , �'� _ <br /> �� <br /> � <br /> , _,` hioneys Ori depOS _ t =: t:lE Depreci �tion Reserv� �t2T1@ Sh2Z? <br /> 2?w2ys be used *i^st to r..zke LD an;� de -iciencies _n the Debt Service <br /> �� Reserve Fund , and if so used , �ny such :�one ,ys shall be reir..bursed <br /> _: fron payments mace Dll?'Suanc to ine SeC0:1d D2P2�T'�Di! of Section 3 . 3 <br /> , % of the Le2se . ihe^eafter , so lor.o as no event of de `_'ault as defined <br /> � in Section 702 2:ereof nas occurred and is contir,uir.g anc no event <br /> -} has occurred and is continuing tc?�ich :ait!� the 12pse ef tire or <br /> � ,t F ,• ; i + , ., � � <br /> � giving o_ notice o_ both .on _d cor.sti ., Lte such ar. e . ent of de_ ault , <br /> t ,`.�: . <br /> moneys ftOII t�:..2 t0 tjTM� Gri �1 �� OS_ � = ?: t � e Deoreciation Reserre RUAQ _ :. <br /> w2y be withdrawr. ( i ? upon the tti'rit � en 3ecues � of the �essee to the <br /> irustee CC :'� � iSiP.� �.�2� tt:2 Y.' 1tPC^�nci i5 :..2:.? �O D2;� the COSt Of <br /> '' Qualified Pro E^t �� ;; *� i n f a fi , ; � .i ' A <br /> P ( cS E_ E _ 2 _ t _ P Ce _ _ " 0i. ) � D_ 0� _ QE � th2t SUCh <br /> ,., _,.;� ��'IZ'itt2ri R20L' ESt SI72�� be 2CCCr'�3I1�2 '1� �J ':' i^VO '_ CES G ^ O � :le^ 30CS:�E'^� S � � � . � -� � <br /> evidencing the purchase p ^ice of such ^u21i `_'� ed �^ ope^ty o: ( ii ) <br /> 4; by the T^ustee ucon the '�lritten Reouest cf the �essee fer t^azis `er <br /> k , <br /> to the Bond 5in�:ing Fu::d _r an a:::ount r:ot ex. ceedin� in an;,� fisca � <br /> �. ^' year the dif°erer. ce be �weer. ( r. ) �he aa�:oun� re � uired to � e on deposit <br /> ''? ia the Bond SinY.in� Fi:nd ;r�th respect to the � eries A Bonds or. <br /> . `? January 1 0 * such year ar.d ( y } the deoreciation :or the iiosoital <br /> s r^acility fOT' SllCfl ;yE2?' � � �`. �JL'' i:1 � ll:1dE'?' StCOC � �2 � ?10 LI'2P_S :'E'PS <br /> shall be made to the �ond � iar.ing _ua3 � u^suant tc tn' s cl2use <br /> ( �� � in the et�ent SllCh ?'E?Cll�:2 '� cS:101:.^.L i � ZeSS 'L�'.c.^. SllCtl �2D^EC� �t �QII . . � � <br /> .�+.5 ll5L' d ne�+oi ;; ar.c elser;ze^e iR � :'iiS �:1C2.^.tUI'E � ��2E fQ ? ?OH- . � . � <br /> iIlg t2I'^li. S shall f12Y2 L!lE .'.:E2.^.;.^. ES .`SE' ^2�:12f� 2 ^ 5 ? t fort:� : � <br /> � <br /> _ , iz _ <br /> r:;%,�:� . . <br /> r s�. <br /> .. � �•N *` ,. <br /> . � . <br /> C <br /> � ��:_ �. - . . -.� . . <br /> . . . ... � � . `� . . �J %� �� <br /> . . . - . . . . .. . . . . �♦/� <br /> . . . .. . . . . .. . . . Y . <br /> r <br />; r . <br />{ <br /> f: ' <br /> Tr. . <br /> � � � <br />�� <br />� �EE <br />'{ <br /> f <br /> i <br /> � <br />