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WHEREAS,, Section 13.10 of the Financing Agreement provides, in part,, that the <br />Financing Agreement may not be amended, changed, modified, altered, or terminated unless <br />such amendment,, change, modification, alteration or termination is contained in a written <br />instrument executed by all of the parties to the Financing Agreement and is consented to by the <br />Servicing Agent and the Sole Holder, if any, and is accompanied by an opinion of Bond Counsel <br />that such change will not adversely affect the exclusion from Gross Income of interest on the <br />Bonds; and <br />WHEREAS,, in accordance with the provisions of Section 13.10 of the Financing <br />Agreement, the Servicing Agent and the Sole Holder have consented to this First Supplemental <br />Loan and Financing Agreement as evidenced by their execution of the consent pages attached <br />hereto. <br />NOW, THEREFORE,, in consideration of the premises and for other good and valuable <br />consideration,, the receipt and sufficiency of which are hereby acknowledged, the parties hereto <br />hereby agree as follows.- <br />I. Incorporation of Recitals. The foregoing Recitals are incorporated in this First <br />Supplemental Financing Agreement and made a part hereof by this reference to the same extent <br />as if set forth herein in full. <br />2. Definitions. All capitalized terms used in this First Supplemental Financing <br />Agreement (including the Recitals hereto) and not otherwise defined herein shall have the <br />meaning given such terms as set forth in the Financing Agreement. <br />3. Modifications to the Financins! Asweement. The Financing Agreement is <br />hereby modified as follows.- <br />(A) Letter of Credit. The following provisions shall be added to the <br />Financing Agreement as "Section 5.7 and shall become a part of the Financing Agreement.- <br />\# 419972 <br />011367-0283 <br />"SECTION 5.7. Letter of Credit. <br />(i) The Borrower shall provide a sight draft irrevocable letter of credit <br />in the amount of $,480,,000 naming the Servicing Agent or its designee as <br />the beneficiary (hereinafter referred to as the "Letter of Credit"). The <br />Letter of Credit shall serve as additional collateral for the Bonds,, the <br />Loan,, and all of the Borrower's Obligations. The Letter of Credit shall be <br />irrevocable,, shall be for term expiring no earlier than September 28, 2011, <br />and shall be available for draw by the Servicing Agent, as beneficiary <br />thereof, or any assignee of the Servicing Agent, at sight. The Servicing <br />Agent or its assignee shall be entitled to draw upon the Letter of Credit to <br />pay for any amounts that the Borrower is required to pay pursuant to the <br />terms of the Documents,, including, but not limited to, all amounts of <br />principal, interest, and late fees owed under the Note and the Bonds by the <br />0 <br />