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HomeMy WebLinkAbout1424 ~ J~... . . ~ ' - . ~ ~ ~ t • . ~ t , ~ . ~i . . ~ ~ ~ ~ ~R • , . OEEC1 Rl-r'OR(1S ~ - ~~~~~24 ~Ma~t~~2~ ~c~~423 t,~~E~~2 5 herewith shall be void. The Asaignor will, from time to time, upon the reqnest of the Trnstees, eaecnte all instrnmenta of further assnrance . and all aach snpplemental instrnments as the Trnstees may specify in anch reqnea~ . ~ 6. The Lessee consents to the provisions of this Agreement, and agrees to pay and deliver to the Trastees all basic rent, rents and other snms assigned to the Trnatees under thia Agreement, withont offset, connterclaim, dednetion, suspension, abatement, deferment or diminu- tion in accordance with, and anbject to, all other terms and provisions of the Lease and will not, for any reason, seek to recover from the Trustees any moneys paid to the Trnsteea or either of them by virtne of tLis Agreenient. No snch payment or delivery made by tLe Lessee shall be of any force or effect nnleas and nnti] made to the Trnatees as provided above. The Lessee fnrther agrees to make payments to or on be- h~lf of A~$ignor in an amoant whic,~? at the time of each anch payment will enable the Assignor to pay and discharge all of its obligations ~ (other than the Notes), liabilities, costs and eapenses of any natnre ~ (inclnding bnt not limited to: (i) operating costs; (u) administrative € and overhead costa; (iu) payment of interest, principal and preminm ~ of all indebtedness (other than the Notes) ;(iv) Federal, State and ~ local tagea (inclnding income tazes) ;(v) its obligations under Sec- ~ ~ tions 10, 11 and 12 of the Note Purchase ~grceiuent~ dated as of ~ November 23, 1970 bet~veen the Assignor and certain inatitntional in- vestors; und (vi) all other obligations, liabilities, damage and eapenses). The Lessee agrees to deliver to the Assignor and the Trustees original ~ or conformed copiea of all notices and other instruments which it may ~ l~e or is reqnired to deliver pursuant to the Leuse. ; ? 7. The Lessee shall not, without the prior written consent of 9 holders of not less than 66~% in aggregate principal amount of the ; Notes then ontstanding (as defined in the Indenture) : ; (a) pay any dividenda or make any distribntion on or redeem or otherwise acquire for valne any of its capital ~tock, or gnarantee ; or otherwiae become liable on or in connection with the stock or ~ obligations of any person ezcept ss otherwise egpressly provided in the Lease ; ~ n t : , . . ; Eo~C ~ ~nct 1.~ ~ , • ~