Ordinance 1949-93 - Laserfiche WebLink

• • as set forth in Exhibits B-1 and B-2) . Notice of such intent to prepay shall be given to Lessor in writing not less than 60 days in advance of tThe intended prepayments date, which may be made on any day from the Substantial Completion Date through the Payment Obligation Commencement Date (in which case written notice of such intent to prepay shall be given to Lessor not less than 10 days in advance of such date) and on any Lease Payment Date on or after such date as the City, in its sole discretion, shall determine at or prior to the Payment Obligation Commencement Date (in which case written notice of such intent to prepay shall be given to Lessor not less than 60 days in advance of the intended prepayment date) . Such date shall be set forth by the City in Exhibit B-1 . The notice of partial prepayment shall be in the form set forth on Exhibit D attached hereto. On the date set for such prepayment, the City shall pay to Lessor in cash or same-day available funds, an amount equal to the principal portion of Lease Payments to be prepaid, together with interest thereon to the date of prepayment. Upon such prepayment, the term of this Lease shall be deemed modified such that this Lease terminates on the Lease Payment Date for the last outstanding Lease Payment not prepaid. Section 5. Amending Article XIX of the Lease. Section 19.2 and Section 19. 3 of the Original Lease are hereby amended as follows (deletions are stricken) : 19.2 Lessor' s Obligation to Execute Assignment. At any time after the Substantial Completion Date, Lessor hereby agrees immediately upon payment to Lessor of the Acquisition Price to execute an Assignment in substantially the form of Exhibit E hereto, in consideration for payment to Lessor of the Acquisition Price for the purpose of assigning all right, title and interest of Lessor under this Lease (except for Lessor' s rights and obligations under Article VIII above) and all of Lessor' s right, title and interest in the Leased Premises (except for Lessor' s rights and obligations under Article VIII above) , to the Trustee, in trust for the benefit of an underwriter to be determined as provided in the Syndication Agreement and owners of any certificated interests therein, for the purpose of accomplishing the take-out financing of the Leased Premises . Lessor' s delivery of the Assignment and Deed pursuant to this Section 19.2 shall not relieve Lessor of any obligation to complete the punch- -6- unch- -6- DOT046.DOC 93/06/15