Res 1980-053 - Laserfiche WebLink

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I I I , . (11) The Company Clgrees LO (a) pay all PruJ L:ct Costs (as defined bv the Development Corporation Act of 1979) which are not or CcJIlllot be paid or l-eimbursed from the pt:"oceeds of bonds, and (b) at all times, to indemnify and hold harmless the Corporation against all losses, costs, damages, expenses and liabilities of whatsoever nature (including but not limited t" dtLlll-iley's fees, litigation and court costs, amounts paid to settlement and amounts paid to discharge judgments) directly or indit:"ectly rehulting from, arising out of or related to the i::.i~)Uance, uffering, sale or delivery of the bonds, ur the design, construction, installation, operation, use occupancy, ~dlntenance or ownership of the Facilities. (i) In addition to the payments provided for above, the Company sklll pay to the Corporation, from the proceeds of the Bonds or oth01wise as agreed upon, all costs and expenses incurred by the Curporation in issuing the Bonds, and all costs and expenses incurred by the Corporation in administering the Bunds subsequelll to issuance through final maturity and payment and such other payments as shall be agreed upon in writing between the parties. (j) The t enJlS 0 f the Bonds (matur i ty schedule s, in teres t rates, denominations, redelOption provisions, etc.) shall be as autlwrized by the Development Corporation Act of 1979, and as may be mutl! 11_1 y satisfactory to the Company and the Corpora- tion. (k) If the Bonds shall not be issued for any reason, the Company shall have no oblil~atiun under this Agreement, except for the oblig (1) It L, CUI.. emplal, d thut the fOt-m and contents of all resolutions, COlU j-acts, trust indentures and other documents contemplated hereunder will be mutually acceptable to the Company lnd the Corporation. (m) The Compuny agrees that any official statement, prospectus or other offeri.Lg memoranda, through the use of which the proposed obligations are to be offered, sold or placed wiLh any lender, purchaser or investor, shall contain the disclosures required by the Regulations adopted by the Corporation. (n) The Comp:__my agrees to pay the fees and expenses of the Fin:tl,,'ial Advisor-, Bond Counsel and General Counsel of the Cor pOL Ii ; ,JL1 incurred on t llis Pro i ec taft et" the execution 0 f this AI': ~ement anLi its approval by the Unit, it being under- stood [" I t a pur t: of s uc h fees and expenses may be requi red to be pJi I dS their work progres~es. J