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Agenda - Economic Development Authority - 05/24/2005
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Agenda - Economic Development Authority - 05/24/2005
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Last modified
4/14/2025 1:32:42 PM
Creation date
5/20/2005 11:16:45 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
05/24/2005
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issuf~'d under and secured by this Indenture, without preference, priority or distinction as to lien <br />or otherwise of any of the Bonds over any of the others. <br /> <br /> PROVIDED, HOWEVER, that if the Issuer, its successors or assigns, shall well and truly <br />pay ~r cause to be paid the principal of the Bonds and the premium (if any) and interest due or to <br />become due thereon, at the times and in the manner, mentioned in the Bonds, according to the <br />true intent and meaning thereof, or shall provide, as perm!tted hereby, for the payment thereof by <br />de?osiring with the Trustee sums sufficient to pay the entire mount due or to become due <br />thereon, and shall well and truly keep, perform and observe all the covenants and conditions <br />pursuant to the terms of this Indenture'to be kept, performed and observed by it and shall pay to <br />the Trustee all sums of money due or to become due to it in accordance with the terms and <br />provisions hereof; then upon such final payment this Indenture and the rights hereby granted, <br />including the estate, right and interest of the Trust Estate (as herein deemed) shall cease, <br />determine and be void; other,vise, this Indenture to be and remain in full force and effect. <br /> <br /> THIS INDENTURE FURTHER WITNESSETH, and it is expressly declared that, all <br />gtmds issued and secured hereunder are to be issued, authenticated and delivered and ail said <br />property hereby assigned or pledged is to be dealt with and disposed of under, upon and subject <br />to the terms, conditions, stipulations, covenants, agreements, trusts, uses and purposes as <br />hereinafter expressed, and the Issuer does hereby agree and covenant with the Trustee and with <br />the resl~ective Holders from t/me to time, of the Bonds, as follows: <br /> <br />1-763903 ¥ I <br /> <br /> <br />
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