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85006350
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Last modified
10/18/2011 4:47:08 AM
Creation date
4/1/2008 5:35:35 PM
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DEEDS
Inst Number
85006350
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85- 006351) <br />the United States of America or of legislative or <br />administrative action (whether state or federal) or of final <br />decree, judgment or order of any court or administrative body <br />(whether state or federal) entered after the contest thereof by <br />Company in good faith, this Agreement shall have become void or <br />unenforceable or impossible of performance in accordance with <br />the intent and purpose of the parties as expressed in this <br />Agreement. <br />Obligatory redemption and prepayment of the Lease shall be <br />accomplished by paying to Trustee the sum of the following for <br />redemption of the Bonds pursuant to the Indenture: <br />(1) A sum sufficient, together with other funds de- <br />posited with Trustee and available for such purposes, to <br />redeem all Bonds then outstanding at a redemption price <br />equal to 100• of the principal amount of the outstanding <br />Bonds plus accrued interest on such Bonds to and through <br />the date fixed for redemption of such Bonds. <br />(2) An additional amount equal to the Trustee's and <br />Paying Agent's fees and expenses under the Indenture <br />accrued and to accrue through the redemption date. <br />(3) An amount of money sufficient to discharge all <br />other liabilities of the Company accrued under this <br />Agreement. <br />Section 10.3. Optional Redemption of Series 1985 Bonds. <br />The Series 1985 Bonds are also subject to redemption by Issuer <br />prior to maturity at any time at the option of Company on any <br />business day in whole or in part (in any integral multiples of <br />$100,000 to be selected by lot in such manner as may be <br />designated by Trustee), at par plus accrued interest. <br />The Company, upon the exercise of this option, shall also <br />pay all expenses of redemption, plus an amount sufficient to <br />discharge all other liabilities of the Company accrued or to <br />accrue under this Agreement. <br />Section 10.4. Redemption of Bonds with Prepayment Moneys. <br />By virtue of the assignment of the rights of the Issuer under <br />this Agreement to the Trustee as is provided in Section 5.1 <br />hereof, the Company shall pay any amount required to be paid by <br />It under this Article directly to the Trustee. The Trustee <br />shall use the moneys so paid to it by the Company to redeem the <br />Bonds on the Redemption Date. If on the Redemption Date any of <br />the Bonds shall then be unpaid or provision for payment thereof <br />shall not have been made in accordance with the provisions of <br />the Indenture, Company shall pay to the Trustee such additional <br />moneys as shall be required to pay or redeem all of the Bonds <br />in accordance with the provisions of the Indenture. <br />-so- <br />
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