Laserfiche WebLink
<br /> <br /> <br /> r: <br /> 200908024 <br /> <br /> <br /> Section V. Assignment of Payments; Obligations of_Col~e Unconditional. Under <br /> the Indenture the Payments have been assigned on an absolute and unconditional basis in order <br /> to effect the payment of principal and interest on the Bonds. The College hereby agrees that no <br /> amendment reducing the amount of the Payments or extending the time of payment thereof shall <br /> be made without the consent of the registered owners of each of the Bonds affected thereby. The <br /> Payments may be reduced in the event of any refunding of the Bonds, provided that no such <br /> reduction shall take effect so long as any of the Bonds remain outstanding under the terms of the <br /> Indenture. The College hereby agrees that the Trustee shall have the right to enforce any and all <br /> of its obligations with respect to the Payments under the Lease Purchase Agreement as amended <br /> by the First Addendum and this Addendum. <br /> Section VI. Confirmation of Terms of Lease Purchase Agreement. Except as <br /> specifically modified and amended by this Addendum, all other terms and provision of the Lease <br /> Purchase Agreement as amended by the First Addendum previously executed by and between <br /> the College and Corporation shall remain in full force and effect. <br /> <br /> Section VII. Trustee's Original. Only that copy of the Agreement consisting of that <br /> copy of this Addendum which is labeled as "Trustee's Original" and to which there is attached a <br /> signed copy of the Lease Purchase Agreement shall constitute the Agreement. Duplicate <br /> originals may be prepared and executed for the convenience of the parties only. <br /> <br /> Section VIII. Date of Addendum. This Addendum has been dated for convenience of <br /> reference as shown on the initial page hereof. This Addendum has been actually executed on the <br /> date set forth below for each of the parties. <br /> <br /> Date for Execution by College: September 23, 2009 <br /> <br /> CENTRAL COMM I COLLEGE AREA <br /> <br /> By: 11,d, Dr. G gory Smith, President <br /> <br /> <br /> Date for Execution by Corporation: September 23, 2009 <br /> <br /> CENTRAL COMMUNITY COLLEGE <br /> FACILITIES CORPORATION <br /> <br /> ? 1,41)1)h A141i,,3 <br /> By: <br /> LaVern Franzen, P Went <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> 4 <br />