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<br /> I' CfhCf <br /> I (3) If the Company shall have satisfied the condition stated in Section 5.4, (1) above, and if, <br /> ,. as of August 12,2001, the Company shall have created and maintained (and shall <br /> demonstrate that it created and maintained), not less than 610 full-time equivalent jobs <br /> (70 created and 540 maintained) in the City, then an additional $150,000 of the principal <br /> amount of the Loan, and all accrued and unpaid interest thereon, shall thereupon be <br /> 1 forgiven and no longer subject to payment by the Company under this Agreement; <br /> provided that if the Company fails to satisfy said jobs requirement, said amounts shall not <br /> be forgiven but shall instead be immediately due and payable by the Company to the <br /> 1 City. <br /> Section 5.6, Leverage Funds. The leverage funds described in the MIF application must be <br /> 1 used for the same purposes and under the same terms, rates, and conditions as specified unless <br /> prior \vritten consent is received from the Grantor Agency, <br /> 1 <br /> 1 <br /> 1 <br /> .. <br /> 1 <br /> 1 <br /> I <br /> I <br /> 1 <br /> I <br /> 1 <br /> i' 9 <br /> I <br />