1. MIDA Bond Oak Grove Lutheran School
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1. MIDA Bond Oak Grove Lutheran School
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7/11/2006 12:41:41 PM
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<br />in excess of the amount of the Net Proeeeds. The Corporation's obligations hereunder shall <br />continue in full force and effect, including its obligation to make Basic Payments and <br />Additional Payments. <br /> <br />(b) Ovtion B - Redemvtion of the Bonds. The Corporation may elect to cause <br />the Bonds to be redeemed in whole at a redemption priee equal to par, plus accrued interest, <br />on the next Interest Payment Date occurring at least 45 days after the date of the notice given <br />by the Corporation to the Lender as to exereise of this Option B. In such event, all Net <br />Proceeds will be deposited by the Lender in the Bond Account and redemption shall be <br />effeeted pursuant to the provisions of, in the manner, and with the effect provided in the <br />Resolution. <br /> <br />(Remainder of this page intentionally left blank.) <br /> <br />6-2 <br />
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