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HomeMy WebLinkAbout1470 ~ ~ ~,'~y`~~ - • . . • ~ ' ~ , ; . . , . ~ ~ . ' . ~ . ' . - . r ~:~d lt~A~;E 1 Para~eaplu 19,?A 3a ~ Tiustee shall l~u~~e iu the Debt Serrice Fllll(1 lill AI110Ullt ~which amouut • shall be in cASh or in~ ested ii? Eligible Securities as ~e8ned in the ' Indenture) snfficient to pay (A) tlie principal amount of Notes (re- ferred to in this ParagrapL 19 as the "Cash r'otes") whicb, together ' ith the aggregate unpaid principal amount of Promissory Notes ~ then held by the Trastee pursnant to Section 810 of the Indentnre, eqnala tbe aggregate principal amount of Notes ontstanding, plns (B) an}* premium payable in respect of the prepa}nnent of the principal amount of the Cash \Totes on the first I~'ote Payment Date on ~hich such prepayment map be effected, plus (C) the amonnt of interest due and to become dne on the principal amount of the Cash Ilotea on : or prior to such prepayment, pluR (D) interest, to tLe eatent permitted by applicable law, at tl~e respecti~e rate or rates provided in the i Indenture, on all o~•erdue principal, interest and premium, if anp, on i the principal amonnt of the Ciish I~`otes, (ii) the Trustee shall bave j been irrevocably instructed to prepfly in accordance with the Indenture ~ , on the nest following I~•ote Payment ])ute on which sueh prepayment ~ may be effected the aggrenate Principal amount of the Cash ~Totes ` and (iii) the Trastee shall hold nn aggregate nnpaid principal amonnt of Promissory Notes pursu~nt to Section 810 of the Indenture thc papment of princip~l, interect and preruium, if any, in respect of which shall be snit'icient to make All payments of principal, interest and premium, if uny, in respect of thut aagre~ate principal nmount of Notes ontstandin~ which exceeds the principal amonnt of the Cash ~TOtes. ~ INBTBII][$NTS OF CONV8YAN08 BY PBOPSBTIBS. Whenever, nnder any provisions of Paragraph 12,1~ or 19, Proper- ~ ties shall be required to convey ita interest in anp or all of the Lcased - ~ Parcels, or any portion thereof, the proper officer or o~cere of Proper- ~ ties and of the Trastee, if reqnested by the Compuny, or any one or mor~ ~ of them as may be specified in such reqnest, shall ezecnte and deliver ' ~ in the name and on behalf of Properties snch qnitclaim deeds, bills of ~ sale, assignmenta or other inatraments of conveyance or tranafer (here- ~ in for the purposes of this Paragraph 20 called the "Instruments") . ~ «hich the Company may from time to time specify in writing to Prop- . ~ ~ •1 ~ - g ~ ~.f 's R~~~~' ~ U t_ E. U li t_ U I i U:• ~ il~r _ _ _ - ~ ~ ? ~