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2008-11-01
CITY-OF-BATESVILLE
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2008-11-01
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• ARTICLE VIII <br /> RIGHTS AND OBLIGATIONS UNDER THE LEASE AGREEMENT <br /> Section 801. Rights of Company Under Lease Agreement. Nothing herein contained shall <br /> be deemed to impair the rights and privileges of the Company set forth in the Lease Agreement and <br /> an Event of Default hereunder shall not constitute an"Event of Default"under the Lease Agreement <br /> unless by the terms of the Lease Agreement it constitutes an Event of Default thereunder. <br /> Section 802. Rights of Issuer Under Lease Agreement. The Issuer agrees that the Trustee <br /> in its name or in the name of the Issuer may enforce all rights of the Issuer(except for the rights of <br /> the Issuer under Sections 5.3(c), 6.2, 6.5 and 8.5 thereof and any rights of the Issuer to receive <br /> notices,certificates,or other communications thereunder)and all obligations of the Company under <br /> and pursuant to the Lease Agreement,for and on behalf of the bondholders,whether or not the Issuer <br /> is in default hereunder. <br /> Section 803. Trustee's Obligations Under Lease Agreement. The Trustee represents that <br /> it has familiarized itself with the provisions of the Lease Agreement and covenants and agrees that <br /> it will perform any and all of its obligations set forth therein with respect to the rights of the Issuer <br /> and the Company thereunder. <br /> • <br /> • <br /> 22 <br />
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