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percent (5%) compound interest per annum on the Drincipal.. <br /> <br />amount described above. <br /> <br />In the event the principal <br /> <br />payment plus accrued interest has not been received by <br /> <br />.~_he City at the time of expiration of the said 60 day <br />period, the interest rate shall revert to the eight <br /> <br />percent (8%) rate. <br /> <br />Guaranteed Payment. Following execution of this <br />Settlement Agreement and in addition to the cash payment <br />provided for in Paragraph 1 above, WMMI shall pay to the <br />City no less than the sum of Two Hundred Seventy-five <br />Thousand Dollars ($275,000) pursuant to the terms of <br />Paragraph 5 of the Agreement for the period of January <br />1, 1992, through December 31, 1993, or sooner, if the <br />Facility ceases to accept waste for final land disposal <br />at an earlier date. In the event that such amount has <br />not been paid at such time as the final monthly payment <br />for said period is due and payable, an amount equal to <br />the difference between Two Hundred Seventy-five Thousand <br />Dollars ($275,000) and the amount actually paid <br />(including the amount to be paid in the final monthly <br />payment) during said period shall be added to the final <br />monthly payment. <br /> <br />Amendment to Aqreement. The words, "except for any tax, <br /> <br />fee or surcharge imposed '~as financial assurance <br />specifically for closure or post-closure from and after <br /> <br /> <br />