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Home My WebLink About1815 _ ,A'. '..a.~.~ k . . ~.~~.~...~~~~.r..:4::~.r_.~.~~iA~....~.~...rr.-.. . ...~r~~.~.._ . _i. . .~...-.r.r~ _ ..q+1..Y~f7J+• F°~ 0. R. ~O~ r Cf ~ R~1.~~ ~ : . Secrtox 3.0-~. The Company ~vill from timo to timo pay the Truatee rensonnble compeneation for ita ~ ~ services, and will reimburse, indemnify and eave hormleas the 1'ruat~ee for and against oll expeneee, liability ~ ' i t and damage incurred by the Trustee in connection with the acceptance and eaecution of truata and powera , : hereunde~ inaluding without limitation the fees and expenses of legal counsel. ~ SECTION 3.05. T~e Company will e~cecute~ deliver, and r~oord euch further inatrum~nta t~e may reaeonably ~ be required by the Trust~ for th8 protection of the Truatee and of the bondboldere; and wiU take all action necoesary to maintain the r~corriing and filing of thie indenture and a11 such further inatrumen~te. . - S~c°rtox 3.Q6. ~ubject to liene and enaumbrances of the oharacter permitted by 8eatian ~.09 hereof, the ~ Company hae good and valid title to and is now lswfully poeseseed of all the property, except afteracquired propet'ty, grsnted hereby, and haa full right to convey the eame for the purposes hereof, and will warrant and ~ ~ ~ defend titte thereto to the Trusteo againat claime of all pereons whatsoever. ~ :l BECraox 3.07. The Company will gay and diacharge before the aame shall fall into arreara all taxes, assesd- • ment8 and municipal and governmental charges lawfully levied or impoeed upon it or upon or in respect of all z; : or any part of it$ properties, business and franchise,s; will eomply with all law~, rules, regulations and other 4; requirements of governmental authorit,ies having jurisdiction over it and its properties; and will pay and die- eharge all lawful claims for labor, material and eupplies and all other debte, liabilities and chargee which, if . , unpaid, would by law be a lien or charge upon ita property or lead to the interruption or euBpension of its buei- . ness; provided, however, that nothing in t~his ~ection 3.07 ehall require tho Company to make any auah payment ~ or compliance so long as it shall in good faith contest it8 obligstion so to do, and Bha11 eet up a reserve, rP.~eon- ~ ab~q adequate, in the opinion of its Board of Directore, against any euch p~?yment or compliance. ~ ` ~ 8~ox 3.08. The Company will at all times keep proper books of account and recorde and wilt furniah ~ f to the Trustee: - ~ • ~ , (a) Ae eoon a~ practicable after the eloee of each of ita fiscal yeare and in ar_y event wi~thin 1~ day~ = after auah close, an sudit report containing a balance eheEt aa of the close of auch year, and an analysis t of aurplus and an incame atatement for such year, sll in reeasonable detail, certified by an Independent ~ ~ Certifierl Public Accountsnt, selected by the Compnny and eaLisfactory to the Trustee. Such audit report ~ ~ ahall aleo contain or be accom~aied by a written atatement of Buch Independent Accountant that in F inaking the examination nec~eary to cert,ificatioa of such audit report no knowledge ha~a been obtained of ~ f any violatio~p of any of the terma and covenante of this indenture, including particularly the covenante ~ € . . contained in Sectione 3.10, 3.11 and 3.12 hereof, or if auch Independent Acxountant ahall have obtained ~ ~ knowledge of any such default such $tatement shall discbee the default or defaulta and the nature thereof, , F but such Independent Accountant shall not be liable directly or indirectly to anyone for an~y fsilure to ~ ~ ohtain knowledge of any default. ~ ' _ ~ . . ~ ~ ~ (b) Within 45 days after the end of each quarterly fiecal period of the Company~ a copy of the balance _ ~ ~ ~ . sheet and aurplue statement of the Companq ae at the end of $uch quarterly period and an income stat~ ~ ; , ment of ths Company for tha fi~cal year to date and for the con~sponding date and period for the previoua ~ ~ ~ fi~c~?1 year, all in reaeonable det~il and oertified by an authorised finanaial off cer of the Compaay. ~ ~ . , . ~ , (c) Promptly after the pregaration thereof, copiee of each sanual repurt and all other reports whi~ - the Company shall irom time t~o t,ime render to ite stoekholdera. € (d) Fram time to time upon requeet of ~he 7~ruatee,~ full information pertinent to aqy covenant, ~ ~ . conditian or pmvieion here~f. _ ~ . _ ~ ~ (e) Not L?tsr tban Juue 1, in ee?ch caleadar year, s certi8t~ts of the President or Tre,~eurer of the ~ ~ ~1~Y ~~B ~1) that sll taaee t~ dve on the prapertiee mort~?ged hec~eunder hsve beea dufy paid 4, s ~ . unleee the Compaqy ehall in good faith; by uppro~riate sation, cont~est sny of sdd ta?xee in which even~ [ ~ evah oontest eh~11 bo seti forth; thst sll ineuranoe premiums cequlred b~? the te~ne h~ to be paid ~ ~ ' ~ . . ' . _ . - . . r. ~,i ~ Z ~L. . 7 1 - : ~ ~ ~3~ ~ ~ • ~ . _ . ^ ~ ~ ~ - ~ ` ' _ . ~ . r ~J~:-.~y sY, ' . . . ~ . ' ~ . ~t:.- .,•s. t'~. ; . rrci:V -a.• - - - -