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<br />improvements, the Corporation will deposit with the Lender that portion of the cost thereof <br />in excess ofthe amount of the Net Proceeds. 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) Option B - Redemption of the Bonds. The Corporation may elect to cause the <br />Bonds to be redeemed in whole at a redemption price equal to the After Payment <br />Termination Value, plus accrued interest, on the next Payment Date occurring at least forty- <br />five (45) days after the date of the notice given by the Corporation to the Lender as to <br />exercise of this Option B. In such event, all Net Proceeds will be deposited by the Lender <br />in the Bond Account and redemption shall be effected pursuant to the provisions of, in the <br />manner, and with the effect provided in the Resolution. <br /> <br />(Remainder of this page intentionally left blank.) <br /> <br />6-2 <br />