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}
<br />PROVIDED, HOWEVER, that if the Authority, its successors
<br />- or its assigns, .shall well .and truly pay, or cause to be paid,
<br />• the principal of .the Bonds .and the premium, if any, and the
<br />interest due or to become due thereon, at the times and in the
<br />manner as set forth in said Bonds in accordance with. the terms
<br />hereof, and shall well and truly keep, perform and observe all
<br />covenants and conditions pursuant to the terms of this Agreement
<br />to be kept, performed and observed by the Authority, and shall
<br />pay to the Trustee all sums of money .due, or to become due to it,
<br />in accordance with the terms and provisions hereof, then this
<br />Agreement and the rights hereby granted shall cease, determine
<br />and be void, but otherwise, this Agreement shall remain in full
<br />force and effect.
<br />All Bonds issued and secured hereunder are to be issued,
<br />authenticated and delivered, and all property hereby pledged is
<br />to be dealt with and disposed of under, upon and subject to the.
<br />terms, conditions, stipulations, covenants, agreements, trusts,
<br />uses and purposes as hereinafter expressed; and .the Authority has
<br />agreed and covenanted, and does hereby agree and covenant, with
<br />the Trustee and with the respective owners, from time to time, of
<br />the said Bonds or any part thereof, as follows:
<br />ARTICLE I.
<br />Definitions
<br />Sec. 1.01. The terms defined in this Article I shall,
<br />for all purposes of this Agreement, and any agreement
<br />supplemental hereto, have the meanings herein specified, unless.
<br />the context otherwise requires:
<br />I •
<br />(a) "Agreement" or "this Agreement" means this
<br />instrument, either as originally executed or as it may from time
<br />to time be supplemented,. modified or amended by any supplemental
<br />agreement entered into pursuant to the provisions of this
<br />Agreement.
<br />(b) "Authority" means the South Bend Redevelopment
<br />Authority, a body corporate and politic, or any successor entity.
<br />(c) "Bond" or "Bonds".(unless the context shall
<br />otherwise require) means any Bond or Bonds, or all the. Bonds, as
<br />the case may be, authenticated and delivered under this
<br />Agreement.
<br />(d) "Bondholder," "holder," "owner" and "registered
<br />owner" means the registered owner of a Bond.
<br />(e) "Code" means the Internal Revenue Code of 1986, as
<br />amended.
<br />(f) "Commission" means the South Bend Redevelopment
<br />Commission, or if said commission shall be abolished, the
<br />commission, board, body or agency. succeeding to the principal
<br />functions thereof.
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