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1994-06-21 Minutes
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1994-06-21 Minutes
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7/24/2008 3:49:07 PM
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Defaults <br />• The Lease provides that, if the Lessee defaults (i) in the payment of any rentals or other sums payable to <br />the Authority under the Lease, (ii) by failing to comply with the terms of its resolution establishing funds for the <br />payment of lease rentals, or (iii) in the observance of any other covenant, agreement or condition of the Lease, and <br />such default continues for ninety (90) days after written notice to correct the same, the Authority may protect and <br />enforce its rights by proceedings at law or in equity. <br />REIlVIBURSEMENT AGREEMENT <br />THE FOLLOWING IS A SUMMARY OF CERTAIN PROVISIONS CONTAINED IN THE <br />REIMBURSEMENT AGREEMENT. THIS SUMMARY DOES NOT PURPORT TO BE A COMPREHENSIVE <br />DESCRIPTION AND IS QUALIFIED IN TTS ENTIRETY BY REFERENCE TO THE REIMBURSEMENT <br />AGREEMENT. <br />[TO BE PROVIDED] <br />,~ <br />u <br />• <br />C-3 <br />
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