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<br />(e) Redemption Provisions. <br />(i ) Optional Due to Moneys Remaininq in <br />Construction Fund. The Project Bonds shall be <br />called for redemption in part, at the direction of <br />the Conpany acting through the Authorized Campany <br />Representative, pursuant to Section 3. 4(b) (ii) of <br />the Agreement, following the election of the Autho- <br />rized Company Representative to apply all or a <br />part of any moneys remaining in the Construction <br />Fund after the Completion Date and payment, or <br />provi s ion for payment i n f ull of the Cos ts of the <br />Project, then due and payable, to prepayment of <br />the Note. The redemption price shall equal one <br />hundred percent (100%) of the unpaid principal <br />amount of the Project Bonds to be redeemed, with- <br />out premium or penalty, plus accrued interest to <br />the date fixed for redemption. <br />(ii) Mandatory Due to Damage, Destruction or <br />Condemnation. The Project Bonds shall be called <br />for redemption in whole, at a redemption price of <br />one hundred percent (100$) of the unpaid principal <br />amount thereof, without premium or penalty, plus <br />accrued interest to the date fixed for redemption, <br />in the event of the prepayment of the Loan in full <br />by the Campany in accordance with-Section 7.1(f) <br />of the Agreement following the termination of the <br />Lease in accordance with its terms as a result of <br />destruction of or injury to, or taking by statute <br />or by eminent domain, in whole or in part of, the <br />Project. <br />(iii) Optional to Company Due to Upward Ad- <br />justment of Interest Rate on Project Bonds. If <br />following an upward adjustment of the interest <br />rate on the Project Bonds, in accordance with the <br />provisions of Section 3(d) of this Bond Legisla- <br />tion, the Company elects to prepay the Note in <br />full, pursuant to Section 7.1(d) of the Agreement, <br />the Project Bonds shall be redeemed at the direc- <br />tion of the Company on behalf of the Issuer at a <br />redemption price of one hundred percent (100%) of <br />the unpaid principal amount thereof, without <br />premium or penalty, plus accrued interest to the <br />date fixed for redemption. <br />(iv) <br />nds. In <br />interest <br />with the <br />10 <br />rate on the Project Bonds, in accordance