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,..?..t.. ._ _ _ <br />.. <br /> <br />after the completion of the Project if for any reason the <br />Borrower has not by then requested the City to issue the <br />Bonds. Upon any termination of this Agreement under this <br />paragraph, neither the City nor the Borrower shall have any <br />further rights or obligations hereunder, except that the <br />obligations of the Borrower under paragraph 5 hereof shall <br />survive any such termination. <br />5. In order tn i nrii,r-o +-?,e ?; ?., ?.. -------- - - <br />deliver this Agreement, the Borrower hereby agrees to defend, <br />indemnify and hold the City and its officials harmless against <br />any and all loss, cost, expense, claims or actions arising out <br />of or connected with the Project or the execution and delivery <br />of this Agreement. The provisions of this paragraph shall be <br />superseded by a similar agreement by the Borrower in the Loan <br />Agreement. <br />6. In order to comply with the provisions of Section <br />103(n) of the Internal Revenue Code, which imposes state <br />ceiling amounts for certain types of "private activity bonds," <br />including the Bonds, Peck, Shaffer & Williams is hereby <br />authorized on behalf of the Issuer to execute, deliver and file <br />any notices of intent to issue the Bonds, notices of issuance <br />of the Bonds or other documents on behalf of the Issuer with <br />the Director of Development of the State of Ohio or any other <br />official responsible for allocating any such state ceiling <br />amount. <br />- 5 -