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0 vow In the event a basic rent pairrnenu date falls on a non -banking day of the Trustee , the basic rent payr=t involved shall not be due and payable until the time of opening for business on the next succeeding day thereafter that is a banking day. It is understood that of the $500,000 in principal amount of bonds of the City authorized for the purpose of fi?zancing the Project costs as aforesaid, only $375, 000 in principal amount are being initially issued. It is hereby agreed that when additional bonds of said total authorized principal amount are issued and delivered, a supplemental Lease and Agreement will be executed and delivered by and between the Lessor and Lessee increasing the basic rent above set forth in the amount necessary to provide for the debt service requirements on the bonds additionally issued. It is further agreed that the execution and delivery of said Supplemental Lease and Agreement or Agreements, as aforesaid, by the officials of the Lessor and of the officers of the Lessee is expressly authorized, and addi- tional action to authorize the same on the part of the governing body of the Lessor or on the part of the Board of Directors of the Lessee is not necessary, (2) If, during any year while any of the bonds shall be out- standing the above specified basic rent shall be insufficient to pay the principal of and interest on the bonds as the same become due, the amount of the insufficiency shall be paid by the Lessee as additional basic rent. If at any time the amount in the Bond Fund, hereinabove referred to and hereafter described in Section 204, is sufficient to pay in full the principal of (including redemption premiums, if any), interest on and the Trustee's and Paying Agent's fees in connection with all of the outstanding bonds of the Lessor, either at maturity or on earlier redemption, then no further basic rent shall be payable hereunder, and any funds representing payment of basic rent which are then held in the Bond Fund and are in excess of the amount required to pay in full the principal of (including redemption premiums, if any), interest on and the Trustee's fees in connection with all outstanding bonds of the Lessor, either at maturity or on earlier redemption, shall be refunded to Lessee as excess rent.