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04-14-2021 Council Packet
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04-14-2021 Council Packet
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13068487v2 <br /> <br /> <br /> 35 <br /> <br />ARTICLE VIII <br /> <br />MISCELLANEOUS <br />Section 8.01 Amounts Remaining in Funds. It is agreed by the parties hereto that any <br />amounts remaining in the Bond Fund, Sinking Fund, Reserve Fund, Optional Redemption Fund <br />or Project Fund after payment in full of the Bonds (or provision for payment thereof having been <br />made in accordance with the provisions of the Indenture) and any additional amounts payable to <br />the Trustee or the Issuer and fees, charges and expenses of any paying agents and all other amounts <br />required to be paid under the Indenture, shall belong to and be paid to the Corporation by the <br />Trustee as overpayment of the Loan Repayments under Section 4.02 hereof. <br />Section 8.02 Notices. All notices, certificates, requests or other communications <br />hereunder shall be sufficiently given and shall be deemed given when delivered personally or <br />mailed by either certified or registered mail, return receipt requested, postage prepaid, addressed <br />as follows: <br />A. To the Issuer City of Little Canada <br /> 515 Little Canada Road E <br /> Little Canada, MN 55117 <br /> Attention: City Administrator <br /> <br />B. To the Corporation New Harmony Care Center, Inc. <br /> 7171 Ohms Lane <br />Edina, MN 55439 <br />Attention: Chief Financial Officer <br /> <br />C. To the Trustee U.S. Bank National Association <br /> 60 Livingston Avenue <br /> St. Paul, MN 55107 <br /> Attention: Global Trust Services <br /> <br />D. To the Original Purchaser Northland Securities, Inc. <br /> 150 South Fifth Street, Suite 3300 <br />Minneapolis, MN 55402 <br />Attention: Public Finance <br /> <br />The Corporation, the Issuer, the Trustee and the Original Purchaser may, by notice given <br />hereunder, designate any further or different addresses to which subsequent notices, certificates, <br />requests or other communications shall be sent. <br />Section 8.03 Reference to Bonds Ineffective after Bonds Paid. Upon payment in full of <br />the Bonds (or provision for payment thereof having been made in accordance with the provisions <br />of the Indenture) and all fees and charges of the Issuer and the Trustee and any paying agents of <br />the Bonds, all references in this Loan Agreement to the Bonds and the Trustee shall be ineffective <br />and neither the Trustee nor the Holders of any of the Bonds shall thereafter have any rights <br />hereunder, saving and excepting those that shall have heretofore vested.
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