1. MIDA Bond-Bethany on 42nd - Laserfiche WebLink

(b) If the principal of all the Bonds shall have become or been declared due and payable, all such moneys shall be applied to the payment of the principal and interest then due and unpaid upon the Bonds, without preference or priority as between principal or interest, installments of interest on Bonds, ratably according to the amounts due respectively for principal and interest to the persons entitled thereto. (c) If the principal of all Bonds shall have been declared due and payable, and if such declaration shall thereafter have been rescinded under this Article VIII then, subject to paragraph (b) of this Section 8.3 in the event that the principal of all the Bonds shall later become or be declared due and payable, the moneys shall be applied in accordance with paragraph (a) of this Section 8.3. Whenever moneys are to be applied pursuant to this Section 8.3, such moneys shall be applied at such times, and from time to time, as the Trustee shall determine, having due regard to the amount of such moneys available for application, the likelihood of additional moneys becoming available for such application in the future, and potential expenses relating to the exercise of any remedy or right conferred on the Trustee by this Indenture. Whenever the Trustee shall apply such moneys, it shall fix the date (which shall be an Interest Payment Date unless it shall deem another date more suitable) upon which such application is to be made and upon such date interest on the amounts of principal to be paid on such dates shall cease to accrue. The Trustee shall give such notice as it may deem appropriate of the deposit with it of any such moneys and of the fixing of any such date, and shall not be required to make payment to the holder of any Bond until such Bond shall be presented to the Trustee for appropriate endorsement or for cancellation if fully paid. SECTION 8.4. TERMINATION OF PROCEEDINGS. In case the Trustee or Bondholders, as provided herein, shall have proceeded to enforce any right under this Indenture and such proceedings shall have been discontinued or abandoned for any reason, or shall have been determined adversely, then and in any such case the Issuer, the Company, the Trustee and the Bondholders shall be restored to their former positions and rights hereunder and all rights, remedies and powers of the Trustee shall continue as if no such proceedings had been taken. SECTION 8.5. WAIVERS OR RESCISSION OF EVENTS OF DEF A UL T. Except for failure to pay the principal of, premium, if any, and interest on the Bonds, the Trustee may in its discretion waive any Event of Default hereunder and its consequences and rescind any declaration of maturity of principal and in case of any such waiver or rescission, the Issuer, the Company, the Trustee and the Bondholders shall be restored to their former positions and rights hereunder respectively, but no such waiver or rescission shall extend to or affect any subsequent or other Event of Default, or impair any right consequent thereon. No delay or omission to exercise any right or power accruing upon any Default or Event of Default shall impair any such right or power or shall be construed to be a waiver of any such Event of Default or acquiescence therein; and every such right and power may be exercised from time and as often as may be deemed expedient. 8-3