Reference to Bonds Ineffective After Bonds Paid. Upon payment in full of the Bonds and all fees and charges of the Trustee, all references herein to the Bonds and the Trustee shall be ineffective and neither the Trustee nor the holders of any of the Bonds shall thereafter have any rights hereunder, saving and excepting those that shall have theretofore vested. Reference is hereby made to Section 1002 of the Indenture which sets forth the conditions upon the existence or occurrence of which payment in full of the Bonds shall be deemed to have been made.
Reference to Bonds Ineffective After Bonds Paid. Upon payment of all Debt Service due relating to the Bonds, and payment of all fees and charges of the Issuer and the Trustee, all as provided in Article X of the Indenture, all references herein to the Bonds and the Trustee shall be ineffective and neither the Issuer, the Trustee nor the holders of any of the Bonds shall thereafter have any rights hereunder and the Company shall have no further obligation hereunder, saving and excepting those that shall have theretofore vested and remain unsatisfied and any right of the Issuer or the Trustee to indemnification under Section 7.1 and payment of fees under Section 8.3, which rights shall survive the payment of all Debt Service due relating to the Bonds and the termination of this Loan Agreement and the Indenture.
Reference to Bonds Ineffective After Bonds Paid. Upon payment of the Bonds and upon payment of all obligations under this Loan Agreement, all references in this Loan Agreement to the Bonds and the Trustee shall be ineffective, and neither the Trustee, the Issuer nor the holders of any of the Bonds shall thereafter have any rights hereunder except as provided in Section 6.6 hereof and except with regard to payments of costs and expenses of the Trustee and the Issuer by the Company.
Reference to Bonds Ineffective After Bonds Paid. Upon Payment of the Bonds, including all fees and charges of the Trustee, all references in this Agreement to the Bonds and the Trustee shall be ineffective, and the Trustee, the Authority and the holders of any of the Bonds shall not thereafter have any right hereunder, excepting those that shall have theretofore vested.
Reference to Bonds Ineffective After Bonds Paid. Upon payment of all Debt Service due relating to the Bonds, payment in full of the Purchase Price of Bonds required to be purchased pursuant to the Indenture, and payment of all fees and charges of the Issuer, the Trustee and the Paying Agent, all references herein to the Bonds and the Trustee shall be ineffective and neither the Issuer, the Trustee nor the holders of any of the Bonds shall thereafter have any rights hereunder and the Company shall have no further obligation hereunder, saving and excepting those that shall have theretofore vested and any right of the Issuer or the Trustee to indemnification under Section 6.1 and payment of fees under Section 7.3, which rights shall survive the payment of all Debt Service due relating to the Bonds and the termination of this Agreement. Reference is hereby made to Article XV of the Indenture.
Reference to Bonds Ineffective After Bonds Paid. Upon payment of all principal of, premium, if any, and interest due and owing on the Bonds, payment in full of the purchase price of Bonds required to be purchased pursuant to the Indenture, and payment of all fees and charges of the Issuer, the Trustee, the Registrar and the Paying Agent, all references herein to the Bonds and the Trustee shall be ineffective and neither the Issuer, the Trustee nor the holders of any of the Bonds shall thereafter have any rights hereunder and the Company shall have no further obligation hereunder, saving and excepting those that shall have theretofore vested and any right of the Issuer or the Trustee to indemnification under Section 7.1 and payment of fees under Section 9.3, which right shall survive the payment of all principal of, premium if any, and interest on the Bonds and the termination of this Agreement. Reference is hereby made to Article VIII of the Indenture.
Reference to Bonds Ineffective After Bonds Paid. Upon Payment in Full of the Bonds and all fees and charges of the Trustee and the Fiscal Agent, all references herein to the Bonds, the Fiscal Agent and the Trustee shall be ineffective and neither the Issuer, the Fiscal Agent, the Trustee nor the holders of any of the Bonds shall thereafter have any rights hereunder and the Company shall have no further obligation hereunder, saving and excepting those that shall have theretofore vested and any right of any Indemnified Person (as defined in Section 6.2) to indemnification under Section 6.2, which right shall survive the payment of the Bonds and the termination of this Agreement. Reference is hereby made to Section 7.01 of the Indenture, which sets forth the conditions upon the existence or occurrence of which Payment in Full of the Bonds shall be deemed to have been made.
Reference to Bonds Ineffective After Bonds Paid. Upon payment in full of the Bonds and all fees and charges of the Trustee, all references herein to the Bonds and the Trustee shall be ineffective and neither the Issuer, the Trustee nor the holders of any of the Bonds shall thereafter have any rights hereunder and the Borrower shall have no further obligation hereunder, saving and excepting those that shall have theretofore vested and any right of the Issuer or the Trustee to indemnification under Section 5.2 hereof, which right shall survive the payment of the Bonds and the termination of this Agreement. Reference is hereby made to Section 802 of the Indenture which sets forth the conditions upon the existence or occurrence of which payment in full of the Bonds shall be deemed to have been made.
Reference to Bonds Ineffective After Bonds Paid. Upon Payment of the Bonds, including all fees and charges of the Trustee, all references in this Agreement to the Bonds and the
Reference to Bonds Ineffective After Bonds Paid. Upon payment in full of the Bonds and all fees and charges of the Trustee, all references herein to the Bonds and the Trustee shall be ineffective, and neither the Trustee nor the holders of any of the Bonds shall thereafter have any rights hereunder, saving and excepting those that shall have theretofore vested and any right of the Issuer or the Trustee to indemnification under Section 8.3, which right shall survive the payment of the Bonds and the termination of this Agreement. Reference is hereby made to Section 802 of the Indenture which sets forth the conditions upon the existence or occurrence of which payment in full of the Bonds shall be deemed to have been made. Upon payment in full of the Bonds and all fees and charges of the Trustee, the Company may elect to continue as lessee of the Project under the provisions of this Agreement, with no further rental payments due after prepayment of the rental installments provided in Section 5.2 hereof. In the case of such an election, all rights and obligations of the Company, as lessee, and the Issuer, as lessor, shall continue hereunder until midnight on May 1, 2018. The Company shall then have the option to renew the Lease Term for one seven-year period at fair market value at the time the option is exercised.
