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<br />200806452 <br /> <br />the Bonds. The Company assents to such assignment. The Issuer hereby directs the <br />Company, and the Company hereby agrees to pay directly to the Trustee at the Trustee's <br />Philadelphia, Pennsylvania office (or such other office as the Trustee may direct by <br />written notice to the Company and the Issuer), all payments payable by the Company <br />pursuant to this Section 6.02(a). <br /> <br />The Rent Payments, together with available funds held on deposit in the Debt <br />Service Account of the Bond Fund, except funds held therein for payment of matured <br />installments of principal on the Bonds or interest payable thereon, shall be sufficient to <br />pay when due all principal of, redemption premium, if any, and interest on the Bonds, <br />and shall be due in monthly amounts on the first Business Day of each month in an <br />amount necessary in a pro rata sum to prepare for the semiannual payment of the Bonds. <br />If any available funds (including for this purpose moneys transferred from the Capitalized <br />Interest Account of the Construction Fund in accordance with Section 5.02 of the <br />Indenture) in excess of current requirements are held on deposit in the Debt Service <br />Account of the Bond Fund at the time payment of any Rent Payment is due, such Rent <br />Payment shall be reduced by the amount of the available funds so held on deposit, to the <br />benefit of the Company. <br /> <br />(b) The Company shall also pay the reasonable expenses of the Issuer related <br />to the issuance of the Bonds and any additional expenses incurred upon the written <br />request of the Company (which expenses may be paid as Costs of Issuance from Bond <br />proceeds on deposit in the Costs of Issuance Account of the Construction Fund). <br /> <br />(c) The Company shall also pay each payment provided for by Sections 6.05, <br />6.07 and 6.09 hereof. <br /> <br />(d) In the event the Company should fail to make any of the payments <br />required in this Section 6.02, the item or installment so in Default shall continue as an <br />obligation of the Company until the amount in Default shall have been fully paid, and the <br />Company agrees to pay the same with interest thereon or with respect to payments to the <br />Trustee or the Issuer with interest thereon, to the extent permitted by law, from the date <br />thereof at the rate per annum borne by the Bonds. <br /> <br />The Company may, without creating a default hereunder, contest the <br />reasonableness of any cost described in Section 6.02(b), (c) or (d). <br /> <br />Section 6.03. [Reserved]. <br /> <br />Section 6.04. Company Approval of Issuance of Bonds. <br /> <br />(a) Simultaneously with the authorization of this Agreement by the City <br />Council of the Issuer, such City Council has adopted the Bond Ordinance. In <br />consideration of the covenants and agreements set forth in this Agreement, and to enable <br />the Issuer to issue the Bonds to carry out the intents and purposes hereof, this Agreement <br />is executed to assure the issuance of such Bonds and to provide for the due and punctual <br />payment by the Company to the Issuer, or to the Trustee under the Indenture securing the <br />Bonds, of amounts not less than those required to pay, as and when due (whether at stated <br /> <br />4834-8191.0786.7 <br /> <br />32 <br />