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200906255 <br />Section II. Annroval of Terms of Indenture. The College and the Corporation hereby <br />approve the terms of the Indenture and of the Bands and the sale thereof as set forth in the <br />Indenture. <br />Section III. Agreement to Make Payments. The College hereby agrees to make <br />installment purchase payments as the purchase price and basic rent due under the Lease Purchase <br />Agreement as amended by this Addendum as follows: <br />Pa ment Date Amount Due <br />March 1, 2010 <br />....... <br />.................................................................. $127,612.51 <br />..................................................... <br />~r <br />' ................Septemb...........a, 2010 <br />.......................................................... _1.0.8_,863.75 .. ..................... <br />.... <br />March 1, 2011 108,863.75 <br />_September.._l, 2011 <br /> <br />. .. ...........108,863.75 <br />....................... <br />1; ~ 12 <br />L 0 <br />March ............... ................. . 863.75 <br />1.58~........ ...................... <br />012 <br />.S eptember..a. ~... ~ ............................................ ..........1.Q8.,326.25 ................................. <br />........................ <br />March 1, 2013 <br />................... <br />.... 158,326.25 <br />_............................. <br />tember 1, 2013 <br />Se <br />P .......................................................................................... 107,663.75 <br />...................................................................................................................................... <br />March 1, 2014 <br />........ <br />..... <br />........... <br />.............................................................................. 157,663.75 <br />........................................................................................................................... <br />t <br />~ <br />Se <br />p....em er 1, 2014 ..........._1.06,888.75 <br />March 1, 2015 <br />.......................................................................................................... <br />........... 156,888.75 <br />................................................................. . <br />5 <br />..................._~,Member....1..~...20.1.5............................. .......................................106,OSa..~.z5............ <br />. . . . . . . . . . . . . . . . . . . . . . . . . . . <br />March 1, 2016 156 OS1.25 <br /> <br />L. ....._September....1..~...2.~.1.6 ........................... 05,138.75 <br />..1....................................................................................... <br />rch 1, 2017 <br />Ma <br />........................................................................................................... 235,138.75 <br /> <br />.................................................................................................................... <br />L <br />Se tern <br />.................P.............._ber _1 ~ _2_~_I_~ 1.02...603...75.......... <br />.... . <br />March 1, 2018 237,603.75 <br />Se tember 1 2018 <br />........................................................................... r.....,..............................,.,..,.............. 99 836.25 <br />..,....................................................._~........................................................................... <br />I March 1, 2019 239,836.25 <br /> <br />Se tember 1..._2.019 <br />.......................p....................... ~ <br />96 826.2 . <br />.......................~.........................5 <br />March 1, 2020 <br />:................ <br />.... <br />.. <br />... <br />........................ 241,826.25 <br />................................................. <br />............................................. <br />~ <br />tember <br />2020 <br />Se <br />..................p _ <br />... <br />... <br />. <br />.. <br />............................ 93,600 <br />............................. <br />...................................... <br />.. <br />l' <br />2 <br />p2 <br />1 <br />March <br />..................................................... <br />... 248,600. <br />00 <br />S <br />:................eptember 1~ 202.1........... ...........................................90,03..5.X00..................................... <br />March 1, 2022 <br />..... <br />.... <br />........ <br />...................... 250,035.00 <br />.................. . <br />... <br />er <br />l <br />m <br />2022 <br />Se to b <br />_r ......................................................... 86 <br />275.00 <br />.........................................................~........................................................................... <br />~ March 1, 2023 <br />......................................................................................................... 251,275.00 <br />.................................................................................................. <br />Se <br />..............................ptember .1..~....2023... _..._82_,3.15..~_~~................................. <br />March 1, 2024 <br />........................................................................................................................................... 257,315.00 <br />....................................................................................................................................... <br />September 1, 2024 78,027.50 <br />March 1, 2025 313,027.50 <br />eptember l ~ 202.5 .................... .....................................7.1..X800.00....................................... <br />March 1, 2026 316,800.00 <br />2 <br />