200906255 - Laserfiche WebLink

Browse

2009Q6255 (c) in a timely manner to the MSRB (as and to the extent required by the Rule) notice of any failure on the part of the Lessee to provide required annual financial information not later than seven months from the close of the Lessee's fiscal year. The Lessee hereby agrees that all information required to be filed with the MSRB shall be provided for filing in such format and accompanied by such identifying information as shall be required or prescribed by the MSRB. The Lessee reserves the right to modify from time to time the specific types of information provided or the format of the presentation of such information, to the extent necessary or appropriate in the judgment of the Board of the Lessee, consistent with the Rule. The College agrees that the foregoing covenants are for the benefit of the registered owners of the Bonds (including Beneficial Owners) and that such covenants may be enforced by any registered owner or Beneficial Owner, provided that any such right to enforcement shall be limited to specific enforcement of such undertaking and any failure shall not constitute an event of default under the Indenture. The foregoing continuing disclosure obligations of the Lessee shall cease when none of the Bonds remain outstanding. ARTICLE VI IMPOSITIONS Lessee shall pay all taxes and assessments on or with respect to the Project of any sort whatsoever which become due or payable or are assessed during the term of this Lease - Purchase Agreement, including all water and sewer charges, assessments and other governmental charges and impositions whatsoever, foreseen and unforeseen, against the Project (all of which are herein called "impositions "). Lessor shall promptly forward to Lessee any notice, bill or other advice received by Lessor concerning any impositions. N.