Common use of Other Amounts Payable Clause in Contracts

Other Amounts Payable. The School District hereby expressly agrees to pay: Upon the issuance and sale of the Authority Bonds, the initial financing fee, the Authority’s annual administrative fee and the School District’s Proportionate Share (or such other portion thereof as shall be agreed upon by the School District and the Authority) of the costs and expenses of the Authority in the preparation, sale and delivery of the Authority Bonds, the preparation and delivery of any legal instruments, closing transcripts and documents necessary in connection herewith and therewith and their filing and recording, if required, and all taxes and charges payable in connection with any of the foregoing, all as specified in the Notice of Terms. Such costs shall be payable from the sources identified in Exhibit C hereto and shall be in the amount specified in the Notice of Terms, subject to the limit set forth in Exhibit C; When due, other Costs of Issuance payable to consultants and attorneys utilized by the School District in connection with the issuance of the School District Bonds as set forth in the Notice of Terms; As such expenses are incurred, the amount of any Authority expenses (including but not limited to investment losses and the reasonable fees and expenses of the Authority, the Trustee, the owners of Authority Bonds, and attorneys representing any of the foregoing) incurred as a result of the School District’s failure to make any payment on the School District Bonds when due or failure to otherwise comply with the terms of this Financing Agreement or the School District Bonds; and In the event that after the date set forth in the first sentence of Section 3.1(A)(ii) hereof the School District does not proceed to the closing of the Loan, the School District shall pay to the Authority the fees of the Authority’s bond counsel incurred with respect to the School District’s Loan.

Other Amounts Payable. The School District hereby expressly agrees to pay: Upon the issuance and sale of the Authority Bonds, the initial financing fee, the Authority’s annual administrative fee and the School District’s Proportionate Share (or such other portion thereof as shall be agreed upon by the School District and the Authority) of the costs and expenses of the Authority in the preparation, sale and delivery of the Authority Bonds and the refunding of the Prior Authority Bonds, the preparation and delivery of any legal instruments, closing transcripts and documents necessary in connection herewith and therewith and their filing and recording, if required, and all taxes and charges payable in connection with any of the foregoing, all as specified in the Notice of Terms. Such costs shall be payable from the sources identified in Exhibit C hereto and shall be in the amount specified in the Notice of Terms, subject to the limit set forth in Exhibit C; When due, other Costs of Issuance payable to consultants and attorneys utilized by the School District in connection with the issuance of the School District Bonds as set forth in the Notice of Terms; As such expenses are incurred, the amount of any Authority expenses (including but not limited to investment losses and the reasonable fees and expenses of the Authority, the Trustee, the owners of Authority Bonds, and attorneys representing any of the foregoing) incurred as a result of the School District’s failure to make any payment on the School District Bonds when due or failure to otherwise comply with the terms of this Financing Agreement or the School District Bonds; and In the event that after the date set forth in the first sentence of Section 3.1(A)(ii) hereof the School District does not proceed to the closing of the Loan, the School District shall pay to the Authority the fees of the Authority’s bond counsel incurred with respect to the School District’s Loan.