HomeMy WebLinkAbout1452 _ , _ _
• :
r .
, .
'F ~ ~
1 '
?
;
~ t ~
. i
.
eH .
1~
, _ _ - . ~ - '
. ~ - . t
R~11224 I~,~~::~ i~~~f
Pan~r~Pb 8
. 14 .
Bervice Fand shall alao receive from time to time snch other amounts •
as are required by the provisions of this Lease or of the Indentnre to be -
paid to the Trnstee for depoait in or to be paid into tLe Debt Service
Fnnd as well ae the income or other gain from inveatmenta of any '
amonnts in the Debt Bervioe Fnnd.
(a) ddvauce Payme~ta. Additional paymenta may be made from
time to time by ar on behalf oi the Company to the Trnstee for deposit
in the Debt 8erviee Fund, such paymenta to represent and to be desig-
nated ae advance paymenta of ba$ia rent, and to be applied in accord-
ance with the Indentnre, bnt snch paymente shall not in any way alter
or euspend any obligatione of the Company under the terms of thie
Lesae (inalnding withont limitation the obligation to pay tLe neat and
~ snbseqnent inatallments of ba~ia rent nnder Paragraph S(a) above)
i and the Company shall aontinne to perform and be reaponsible for the
~ performance of all other terms and provisions of this Lease.
f
~ (d) Investment of Funds. Pending payment of the amonnts in
€ the Debt 8ervice Fnnd, the nndisbnraed portion of the same shall, if
~ the Company so electa, be invested and reinveated in Eligible Secnritiea
as defined in the Indentnre. Such investments ahall be made by the
Trustee as directed and deaignated by the Company and all income or
other gain from snch inveatmenta ahall become a part of and be carried
to the credit of the DeUt Service Fand. Anything to the contrary in
this Lease notwithstanding, the right of the Company to control the
investment and reinveatment of amonnta in the Debt Service Fund as
above provided ahall continne so long as any amounts remain therein.
~ (e) F'urther Payments. No furtber payments of basic rent need
~ .
1oe made during the term of this Leaae or thereafter when and so long
~ as the amonnt in the Debt Service Fund is sn~cient to .retire all of
~ the Notea then ontatanciing in accordance with the Indentnre, plna ,
~ applicable prepa~ ment preminm, if any, on snch Notes and the amonnt
~ uf interest due und thereafter to become dve on the Notea on and
~ prior to snch retirement. However, if, on or before any Note Payment .
~ Date on which the Company wonld not be obliguted to pay b~sic rent
~ pnrsnant to the foregoing provisions of this Paragraph 8(e), loases (net
g
~ '
~
~ , ( li}i1?:~
~ 3~.~: ' : u? 1,;
~ .~:~~14