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Leased Premises and available for use and occupancy by the Lessee without the <br />payment of any rent other than as herein provided, to the same extent as if such <br />other improvements were specifically described herein and demised hereby). <br />Within ninety (90) days from the date of entry of a final order in any eminent domain <br />proceedings granting condemnation, the Lessee shall direct the Lessor and the Trustee in writing <br />as to which of the ways specified in this Section the Lessee elects to have the net proceeds of the <br />condemnation award applied. Any balance of the net proceeds of the award in such eminent <br />domain proceedings not required to be applied for the purposes specified in subsections (a) or (b) <br />above shall be deposited in the sinking fund held by the Trustee under the Indenture and applied <br />to the repayment of the Bonds. <br />The Lessor shall cooperate fully with the Lessee in the handling and conduct of any <br />prospective or pending condemnation proceedings with respect to the Leased Premises or any part <br />thereof and will to the extent it may lawfully do so permit the Lessee to litigate in any such <br />proceedings in its own name or in the name and on behalf of the Lessor. In no event will the <br />Lessor voluntarily settle or consent to the settlement of any prospective or pending condemnation <br />proceedings with respect to the Leased Premises or any part thereof without the written consent of <br />the Lessee, which consent shall not be unreasonably withheld. <br />8. General Covenant. The Lessee shall not assign this Lease or mortgage, pledge or <br />sublet the Leased Premises herein described, without the written consent of the Lessor. The Lessee <br />shall contract with the other parties to use and maintain the Leased Premises in accordance with <br />the laws, regulations and ordinances of the United States of America, the State of Indiana, the City <br />and all other proper governmental authorities. <br />9. Tax Covenants. In order to preserve the exclusion of interest on the Bonds, or an <br />applicable series of the Bonds, from gross income for federal income tax purposes and as an <br />inducement to purchasers of the Bonds, the Lessee and the Lessor represent, covenant and agree <br />that neither the Lessor nor the Lessee will take any action or fail to take any action with respect to <br />the Bonds, or an applicable series of the Bonds, this Lease or the Leased Premises that will result <br />in the loss of the exclusion from gross income for federal tax purposes of interest on the Bonds, or <br />an applicable series of the Bonds, under Section 103 of the Code, nor will they act in any other <br />manner which will adversely affect such exclusion; and it will not make any investment or do any <br />other act or thing during the period that the Bonds, or an applicable series of the Bonds, are <br />outstanding which will cause any of the Bonds to be "arbitrage bonds" within the meaning of <br />Section 148 of the Code. <br />The covenants in this Section are based solely on current law in effect and in existence on <br />the date of issuance of the Bonds, or an applicable series of the Bonds. It shall not be an event of <br />default under this Lease if interest on any Bonds is not excludable from gross income pursuant to <br />any provision of the Code which is not in existence and in effect on the issue date of the Bonds. <br />All officers, members, employees and agents of the Lessor and the Lessee are authorized <br />to provide certifications of facts and estimates that are material to the reasonable expectations of <br />the Lessor and the Lessee as of the date the Bonds are issued and to enter into covenants on behalf <br />of the Lessor and the Lessee evidencing the Lessor's and the Lessee's commitments made herein. <br />In particular, all or any members or officers of the Lessor and the Lessee are authorized to certify <br />and enter into covenants regarding the facts and circumstances and reasonable expectations of the <br />6 <br />