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2008-11-01
CITY-OF-BATESVILLE
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2008-11-01
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• such Bond of the date to which interest has been paid thereon and the amount of any prepayments <br /> made on account of the principal thereof. <br /> Section 215. Additional Bonds. The City,at the request of the Company and to the extent <br /> permitted by law in effect at the time thereof,may at its option issue from time to time one or more <br /> series of Additional Bonds for the purpose of completing the Project or acquiring,constructing and <br /> equipping an additional phase of the Project and paying the expenses of issuing the Additional <br /> Bonds. Any such Additional Bonds shall be secured equally and ratably with the Series 2008 Bonds <br /> and any other Additional Bonds theretofore issued and then outstanding, except insofar as any <br /> sinking, amortization or other fund, or any terms or conditions of redemption or purchase, <br /> established under this Indenture may afford additional benefit or security for the Bonds of any <br /> particular series. Before any Additional Bonds are authenticated there shall be delivered to the <br /> Trustee the items required for the issuance of Bonds by Section 208 hereof. <br /> The proceeds of the issuance and sale of any series of Additional Bonds shall be applied <br /> simultaneously with the delivery of such Additional Bonds in the manner provided in this Indenture <br /> and in the supplemental indenture authorizing such Additional Bonds. <br /> Notwithstanding anything herein to the contrary,no Additional Bonds shall be issued unless <br /> (i) the Lease Agreement is in effect, and (ii) at the time of issuance there is no Event of Default <br /> (defined in the Lease Agreement) under the Lease Agreement or Event of Default under this <br /> Indenture. <br /> • <br /> O <br /> 12 <br />
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