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-- ;~ -- <br />~" <br />82-°i~i.s11 ~~'. <br />_ limited partnership {the. "Company" or the "T.essee"), as <br />lessee, dated concurrently herewith (the "Lease''), predi"sated <br />upon the findings and determinations by such governing body, <br />whereunder, solely from the proceeds of such revenue bonds, <br />the Zssuer will acquire by purchase (1) title to the real pro- <br />party hereinafter referred to (the "Land"), (2) a building.; or <br />buildings, which, together with other related improvements, <br />will ~e suitable for use by manufacturing or industrial ent- <br />ergrises (the "Building") and (3) certain items of machinery <br />and equipment (the ",.eased Equipment") to be used in connec- <br />tion therewith (all of which Land, Building and Leased <br />Equipment, in the aggregate, are hereinafter referred to to- <br />gether as the "`Project"), and has leased the Project to the <br />Company in consideration of rentals to be paid into a Band <br />Fund which will be sufficient to pay the principal of and <br />the interest an the initial series of revenue bands issued <br />by the Issuer to finance the Project, as herein recited; <br />t+TEiEREr1S, the acquisition and leasing of the Project and <br />the issuance of revenue bands b;v the issuer, as herein recited <br />and. provided, will serve the intended accomplishment, and in <br />all respects conform to the pravis.ans and requirements of <br />the :pct; <br />E,iHr~R.EAS, the Issuer may, if required in connection with <br />future expansion of ar impraUements to the Project, deter- <br />. mine to issue additional series of bands under and in accord- <br />ance with the terms of this indenture of Trust {hereinafter <br />referred to as the "Indenture"); provided, however, that only <br />ce::main of the 198.2 Bands shall be secured by zhe Personal <br />Band Guaranty A.g,reement (hereinafter identified and referred <br />ta): <br />G~'~3E€tEA~, the execu~ian and delivery as t'rtis Tndenture <br />a d :~:e ~:zsuance of the. Issuer's industrial development revs- ~ <br />:iLe uanas ~.m~#,er t~t1e Act have been in all respects duly and <br />3 ;.~ % ~utharized by said ordinance ar resalut%an of thti <br />. ~ a"~_ . ;ataxy ade~pted and apprcived; <br />_2_ <br />