82002566 - Laserfiche WebLink

Browse

(~ ~~ ~C~~S~~ satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid. Section 2.09. Destruction of Bonds. Whenever any Outstanding B^ad shah. be delivered to Trustee for cance~ia- tion pursuant to this Zr_denture, upon payment of the principal amount or interest: represented therepy, or for replacement .pursuant to Section. 2.07 hereof, suer Bond sha'_1 be promptly canceled and .cremated or otherwise destroyed by Trustee, and counterparts of a certificate of destruction evidencing. such cremation or other destruction shall be furnished by Trustee to Lssuer and Company. Section 2.10. Additional Bonds. S"o long as the Agree- . ment`is is effect, one or r,~ore series of Additioal Bonds nay be issued, .authenticated and delivered for the. purposes provifled in Section 4.9 of the :agreement. Such Additional Bonds shall be payable solely .from the-rents znd_other amounts derived :from the leasing of the Project (except. to thee.-extent-paid out of moneys attributable to the proceeds derived from: the sale. of the.?,dditional Eonds or to income from>the temporary ir_ces~ment thereof and, under certain circumstances,....to proceeds fram insurance and>concemnation awards). The .additior_a1 Bonds of each'sueh-series shall be authenticated by Trustee and, upon payment to Trustee of, the proceeds of said sale of Additional Bonds, they shall be- delivered by Trustee- o- or upor. the order`of the-purc'r.asers thereof, but only, upon there being filed with Trus ee: (a) Original,-executed counterparts of'a supple- ;mental indenture and an amendment of the agreement exprzssly providing that, **"or a11'purposes of this Indenture ar_d the Agreement, the.Project shall include any`faciTities being financed py *..,e hdditional Bonds. The date or dates of the Additional Bonds; the rate':or rates of ' interest or. '.the P.ddi ti opal Bords, the time "or times of payment of .the interest thereon and the arin- cipal'thereof,_and the redemption provisions,'if any, with respect thereto, all shall be as provided in'the supplemental indenture, rather than as provided in this 'Indentures-andmay 3iffer from the provisions with.' respect to the Series 1982 Bonds-set forth in,this Indenture. (b) A writter. opinion by an-attorney or"f_rm of attorneys: of nationally recognized bond counsel to the effect that the issuance of the Additional Bonds and the execution thereof have been duly authorized, al condi- tions precedent to the delivery thereof have been ful- flled, and that the .exemption from federal income tax _ln~_ ~