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4 <br />• Section 13. General Covenants.. It is understood and agreed <br />Ghat the Lessee, without the consent of the Authority, shall be <br />permitted in its sole-and. absolute discretion to enter into. <br />separate subleases and other agreements (on any terms and <br />conditions including but not limited to length of term the <br />.Lessee, in its sole discretion, deems appropriate) with respect <br />to use of the Facility; provided, however, that the Lessee shall <br />in no event assign or sublet the Facility if such assignment or <br />sublease will result in the loss of the exclusion from. gross <br />income for federal tax purposes of interest on any obligation <br />issued by the Authority to finance the Facility. .The Authority <br />. hereby acknowledges the rights of parties as lessees and <br />licensees of the Facility under the terms of agreements both <br />prior to, as well as prospective from, execution of this Lease. <br />.The Authority hereby agrees that any sublessee will have quiet <br />enjoyment of the premises subleased in the event of a default by <br />Lessee hereunder, so long as those parties with whom the Lessee <br />has contracted are not in default under the terms of their <br />.respective agreements.'-The Lessee covenants that, except for <br />Permitted Encumbrances, it will not encumber the Facility, or <br />permit any encumbrance to exist thereon, and that it shall use <br />and maintain the Facility in accordance with the laws and <br />ordinances of the United States of America, the State of Indiana, <br />- and all other proper governmental authorities. .The Authority. <br />agrees that it will, at the request of the Lessee, execute and <br />;~ deriver to or upon the order of the Lessee such instrument or <br />instruments as may be reasonably required by the Lessee in order <br />to subject the Facility, or the Authority's interest therein, to <br />such encumbrances as shall be specified in such request and as <br />shall be permitted by the provisions of this Section 13 or <br />otherwise by the definition of "Permitted Encumbrances." <br />Section:l4. Option to Purchase. The Authority hereby grants <br />:Lessee the right and option, on any rental payment date, upon <br />thirty days' written notice to the Authority, to purchase the <br />Facility at a price equal~to the amount required to enable the <br />Authority to provide for the redemption of all outstanding Bonds, <br />all premiums payable on the redemption thereof, and accrued and <br />unpaid interest, and to pay the cost of redeeming the Bonds and <br />liquidating the Authority if.it is to be liquidated. <br />Upon request of the Lessee, the Authority agrees to furnish <br />an itemized statement setting forth the amounts required to be <br />paid by the Lessee on ,the next rental payment date in order to <br />purchase the Facility.. 'in accordance with the preceding paragraph. <br />If Lessee exercises its option to purchase, the Lessee shall <br />pay to the Trustee that portion of the purchase price which is <br />required to provide for the payment of all the Bonds, including <br />all premiums payable on the redemption thereof, accrued and <br />unpaid interest thereon and the costs of redemption thereof. <br />t Such payment shall not be made until the Trustee gives to the <br />Lessee a written statement that such amount will be sufficient to <br />-'7 <br />