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Bill No. 67-22 Ordinance Authorizing Fund for SB Choc. Dest. Pr.
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Bill No. 67-22 Ordinance Authorizing Fund for SB Choc. Dest. Pr.
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11/14/2022 1:04:42 PM
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10/31/2022 9:58:16 AM
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Section 8.7. Limitation on Interest. No provisions of this Loan Agreement or of the <br />Series 2022 Note shall require the payment or permit the collection of interest in excess of the <br />maximum permitted by law. If any excess of interest in such respect is herein or in the Series 2022 <br />Note provided for, or shall be adjudicated to be so provided for herein or in the Series 2022 Note, <br />neither the Borrower nor its successors or assigns shall be obligated to pay such interest in excess <br />of the amount permitted by law, and the right to demand the payment of any such excess shall be <br />and hereby is waived, and this provision shall control any provisions of this Loan Agreement and <br />the Note inconsistent with this provision. <br />Section 8.8. Addresses for Notice and Demands. All notices, demands, certificates or <br />other communications hereunder shall be sufficiently given and shall be deemed given when <br />mailed by registered or certified mail, postage prepaid, with proper address as indicated below. <br />The City and the Borrower may, by written notice given by each to the others, designate any <br />address or addresses to which notices, demands, certificates or other communications to them shall <br />be sent when required as contemplated by this Loan Agreement. Until otherwise provided by the <br />respective parties, all notices, demands certificates and communications to each of them shall be <br />addressed as follows: <br />To the City: City of South Bend, Indiana <br />227 W. Jefferson Blvd, Suite 1400 <br />South Bend, IN 46601 <br />Attention: Executive Director of Community Investment <br />With a copy to: City of South Bend, Indiana <br />227 W. Jefferson Blvd, Suite 1400 <br />South Bend, IN 46601 <br />Attention: Corporation Counsel <br />To the Redevelopment <br />Commission: <br />To the Borrower: <br />With a copy to: <br />South Bend Redevelopment Commission <br />227 W. Jefferson Blvd, Suite 1400 <br />South Bend, IN 46601 <br />Attention: President <br />The South Bend Chocolate Company, Inc. <br />3300 W. Sample Street <br />South Bend, IN 46619 <br />Attention: President <br />Indiana Dinosaur Museum Inc. <br />24820 U.S. Highway 20 <br />South Bend, IN 46628 <br />Attention: Executive Director <br />Ice Miller LLP <br />One American Square, Suite 2900 <br />Indianapolis, IN 46282 <br />Attention: Lisa Lee <br />20 <br />4854-2813-5735.5 <br />
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