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04-14-2021 Council Packet
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04-14-2021 Council Packet
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1/31/2022 4:05:19 PM
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13068487v2 <br /> <br /> <br /> 28 <br /> <br />amount then held by the Trustee under the Indenture available to redeem the Bonds shall <br />be insufficient to redeem the Bonds (including principal, accrued interest, and expenses of <br />redemption), the Corporation shall pay such deficiency to the Trustee as a Loan <br />Repayment, and the Net Proceeds of condemnation, together with such Loan Repayment <br />and amounts held by the Trustee under the Indenture shall to the extent necessary be <br />applied to such redemption of the Bonds at the earliest possible date in accordance with <br />Article III of the Indenture. If the Bonds have been duly paid and all other obligations of <br />the Corporation hereunder have been paid or provided for, any remaining Net Proceeds <br />shall be paid to the Corporation. <br /> <br />[The balance of this page is intentionally left blank.]
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