6097 (EXHIBIT A - E) (2) - Laserfiche WebLink

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Certificate Payment Fund are required to be sufficient to redeem and pay, and the City must redeem and pay, on February 1 in each of the following years, the following principal of such Term Certificates: Principal Year Amount* 2013 2014 2015 2016 2017+ +Final maturity. Extraordinary Optional Prepayment in the Event of Damage, Destruction or Condemnation. The Certificates are subject to prepayment in whole on such Payment Date as the Trustee determines as described below, at a Prepayment Price equal to 100% of the principal amount to be prepaid, together with accrued interest thereon to the date fixed for prepayment, but without premium, in the event that (1) the Leased Property is damaged or destroyed, in whole or in part, or is taken in a condemnation proceeding, or certain events occur with respect to the title to the Leased Property, (2) the Net Proceeds of any insurance policy or condemnation award, plus all amounts required to be paid as deductibles thereunder, made available by reason of one or more such occurrences, are insufficient to pay in full the cost of repairing, restoring, modifying, improving or replacing the affected portion of the Leased Property, and (3) the City elects, pursuant to the Lease, to apply such Net Proceeds to the payment of the Option Price applicable on the next occurring Optional Prepayment Date together with such other money as the City is required to provide pursuant to the Lease to assure that sufficient money is available to pay the Option Price in full. If so called for prepayment, Certificates will be subject to prepayment on the next Payment Date for which timely notice of prepayment is given as provided in the Indenture. See "SUMMARY OF CERTAIN PROVISIONS OF THE LEASE -- Damage, Destruction and Condemnation" in AppendixA hereto. Mandatory Prepayment with Excess Construction Proceeds. The Certificates are subject to mandatory prepayment at any time and to the extent of money on deposit in the Construction Fund if the City Council determines that sufficient money is not available to complete the Project. Certificates to be prepaid in accordance with this provision will be prepaid in inverse order of maturity at a prepayment price of 100% of the principal component of Base Rentals represented by such Certificates to be prepaid, plus an amount equal to the interest component of the Base Rentals accrued to the prepayment date, without premium. Partial Prepayment of Certificates. Certificates will be prepaid only in the principal amount of $5,000 each or integral multiples thereof. In the case of a partial prepayment of Certificates when Certificates of denominations greater than $5,000 are then outstanding, each $5,000 of principal amount will be treated as though it were a separate Certificate of the denomination of $5,000. If it is determined that one or more, but not all, of the $5,000 units of face value represented by any Certificate is to be called for prepayment, then upon notice of intention to prepay such $5,000 unit or units, the owner of that Certificate must, without delay, surrender such Certificate to the Trustee fo~ ~1) payment of the prepayment price of the $5,000 unit or units of face value called for prepayment and (2) exchange, without charge to the owner thereof, for a new Certificate or Certificates in any of the authorized denominations, at the option of the owner thereof, of the aggregate principal amount of the unpaid balance of the principal component of Base Rentals represented by the Certificate to be partially prepaid. If the owner of any such Certificate of a denomination greater than $5,000 fails to present such Certificate to the Trustee for payment and exchange, the Base Rentals to be prepaid with * Preliminary; subject to change. -6-