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6.C.(8) Resolution No. 2525
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6.C.(8) Resolution No. 2525
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of aaluisitio^ until the first April 15 or October I.5 tullo~~~in~~ such date ~~f <br />completion. Thereattcr such rentals shall be payable in advance in semiannual <br />instalhl~ents on April I S and October I ~ of each vcar in the amounts set forth at <br />Schedule [attached hereto and incorporated herein. <br />The last semiannual rental payment due bcffxc the expiration of <br />this Second Addcndwn to Lease shall be adjusted to provide for rental at the <br />amount specified aboec t2n the applicable semiannual period prorated from the <br />date such installment is due to the date of the expiration of this Second Addendum <br />to Lcasc (~~aithout takin~~ into account any subsequent early termination of this <br />Second Addcndwn to Lease pursuant to Section ? hcreot). <br />The Lessee ~~ill not take any action or flail to take anv action that <br />would result in the loss of the exclusion from ~~ross income fbr federal tax <br />purposes of interest on the ?008 Bonds pursuant to Section I (O(a) of the Internal <br />Revenue Codc of 1986. as amended (the "Code"), as in effect on the date of <br />delivery of the ?008 Bonds, nor ~~-ill the Lessee act in any manner which would <br />ad~~erscly affect such exclusion. The Lessee further covcxiants that it will not <br />make any investment or do any other act or thine during the period that anv Bond <br />is outstanding hereunder which would cause anv_ Bond to be an "arbitrage bond" <br />within the meaning of Section 148 of the Codc and the regulations thereunder as <br />in effect on the date of delivcrv of the ?OOK Bonds. All officers, members.. <br />employees and agents of the Lessee arc authorized and directed to provide <br />certifications of facts and estimates that arc material to the reasonable <br />expectations of the Lessee as of the date the ?008 Bonds arc issued and to enter <br />into covenw~ts on behalf of the Lessee evidencing, the Lessee's commitments <br />made herein. <br />~. The Second Addendum to Lcasc is further amended to provide that the <br />schedule attached hereto as Schedule I shall similarly be attached to the Second Addendum to <br />Lease as Schedule I. <br />d. The parties hereto acknowledge that all remaining terms, covenants and <br />conditions as set f<~rth in the Second Addendum to Lcasc shalt remain in full t~~rec and effect. <br /> <br />rsr~~~sui s~;;~,~,<, i - ? - <br />
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