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ARTICLE V <br /> Prepayment of Notes <br /> Section 5. 1. Prepayment Generally. Prepayment of the Series <br /> 1993 Note may be made to the extent and in the manner expressly <br /> permitted by this Loan Agreement. <br /> Section 5.2 . Optional Prepayments. Borrower shall have and is <br /> hereby granted the option to prepay, on any date, subject to the <br /> requirements of Section 5.4 of this Loan Agreement, the whole amount <br /> payable or any portion of the amount payable under this Loan <br /> Agreement and the Series 1993 Note prior to the expiration of the <br /> Loan Agreement and prior to full payment of the Bonds (or prior to <br /> making provision for payment thereof in accordance with the <br /> Indenture) by paying to the Trustee such amount plus accrued <br /> interest to prepayment date, plus a premium if such prepayment is <br /> prepaid at any time during the period prior to December 15 of the <br /> years indicated below but after the end of the preceding period: <br /> Premium as Percentage of <br /> Year Principal Amount Prepaid <br /> 1994 4% <br /> 1995 3% <br /> 1996 2% <br /> 1997 1% <br /> 1998 and thereafter 0% <br /> Section 5. 3 . Additional Interest Upon Event of Taxability. <br /> (a) If an Event of Taxability occurs, then the Borrower <br /> shall furnish to Issuer for payment to the Series 1993 Bondholders <br /> the following amounts: <br /> (i) from the date of taxability (such date being the <br /> date as of which interest on the Series 1993 Bonds is determined to <br /> be taxable) , an amount equal to the difference between (A) the <br /> interest that would have been payable had such interest payments <br /> been calculated at the Taxable Rate and (B) the actual amount of <br /> such interest payments, plus <br /> (ii) the amount of penalties, additions to tax, <br /> exclusive of any taxes imposed under Section 11 (or any successor <br /> provision) of the Code, and interest assessed against the <br /> Bondholders due to the inclusion of such additional interest <br /> payments in the Bondholders' gross income for federal income tax <br /> purposes ("Additions to Tax") that are deductible by the Bondholders <br /> for federal income tax purposes, plus <br /> -30- <br />