CITY OF KANSAS CITY, MISSOURI, AS LESSOR,
AND
MASTERCARD INTERNATIONAL, LLC, AS LESSEE
LEASE AGREEMENT
DATED AS OF APRIL 1, 2003
RELATING TO: NOT TO EXCEED $45,000,000
CITY OF KANSAS CITY, MISSOURI TAXABLE INDUSTRIAL REVENUE BONDS (MASTERCARD INTERNATIONAL PROJECT)
SERIES 2003D
The interest of the City of Kansas City, Missouri (the "City"), in this Lease Agreement has been pledged and assigned to UMB Bank, N. A., as Trustee under the Trust Indenture dated as of April 1, 2003, between the City and the Trustee.
全文目录如下:
详细内容见附件
SECTION 1.1. DEFINITIONS OF WORDS AND TERMS
SECTION 1.2. RULES OF INTERPRETATION
SECTION 2.1. REPRESENTATIONS BY THE CITY
SECTION 2.2. REPRESENTATIONS BY THE COMPANY
ARTICLE III GRANTING PROVISIONS
SECTION 3.1. GRANTING OF LEASEHOLD ESTATE
SECTION 3.3. POSSESSION AND USE OF THE PROJECT
SECTION 3.4. TITLE TO THE PROJECT
ARTICLE IV ACQUISITION, IMPROVEMENT AND INSTALLATION OF THE PROJECT
SECTION 4.1. ISSUANCE OF THE BONDS
SECTION 4.2. ACQUISITION, IMPROVEMENT AND INSTALLATION OF THE PROJECT...........
SECTION 4.4. PAYMENT FOR PROJECT COSTS
SECTION 4.5. ESTABLISHMENT OF COMPLETION DATE
SECTION 4.6. SURPLUS OR DEFICIENCY IN PROJECT FUND
SECTION 4.7. PROJECT PROPERTY OF CITY
SECTION 4.8. MACHINERY AND EQUIPMENT PURCHASED BY THE COMPANY........
SECTION 5.3. OBLIGATIONS OF COMPANY ABSOLUTE AND UNCONDITIONAL
SECTION 5.4. PREPAYMENT OF BASIC RENT
SECTION 5.5. REDEMPTION OF BONDS
ARTICLE VI MAINTENANCE, TAXES AND UTILITIES
SECTION 6.1. MAINTENANCE AND REPAIRS
SECTION 6.2. TAXES, ASSESSMENTS AND OTHER GOVERNMENTAL CHARGES.........
SECTION 6.4. PROPERTY TAX EXEMPTION
SECTION 7.1. CASUALTY INSURANCE
SECTION 7.2. PUBLIC LIABILITY INSURANCE
SECTION 7.3. BLANKET INSURANCE POLICIES
SECTION 7.4. WORKERS COMPENSATION INSURANCE
SECTION 7.5. FAILURE TO PROVIDE INSURANCE
ARTICLE VIII ALTERATION OF THE PROJECT
SECTION 8.1. ADDITIONS, MODIFICATIONS AND IMPROVEMENTS OF THE PROJECT...........
SECTION 8.2. PERMITS AND AUTHORIZATIONS
SECTION 8.4. ADDITIONAL IMPROVEMENTS ON THE PROJECT SITE
SECTION 8.5. REMOVAL OF PARTS OF PROJECT
ARTICLE IX DAMAGE, DESTRUCTION AND CONDEMNATION
SECTION 9.1. DAMAGE AND DESTRUCTION
SECTION 9.2. CONDEMNATION OR INSURED DEFICIENCY OF TITLE
SECTION 10.1. NO WARRANTY OF CONDITION OR SUITABILITY BY THE CITY; EXCULPATION AND INDEMNIFICATION
SECTION 10.2. SURRENDER OF POSSESSION
SECTION 10.3. CITY'S RIGHT OF ACCESS TO THE PROJECT
SECTION 10.4. SECTION 10.4. PERMITTED ENCUMBRANCES; LEASEHOLD DEEDS OF TRUST
SECTION 10.5. FINANCING DOCUMENTS
SECTION 10.6. INDEMNIFICATION OF CITY AND TRUSTEE
SECTION 10.7. DEPRECIATION, INVESTMENT TAX CREDIT AND OTHER TAX BENEFITS.........
SECTION 10.8. COMPANY TO MAINTAIN ITS CORPORATE EXISTENCE
SECTION 10.9. SECURITY INTERESTS
SECTION 10.10. ENVIRONMENTAL MATTERS
SECTION 10.11. OBLIGATIONS UNDER INDENTURE
SECTION 10.12. EQUAL OPPORTUNITY IN EMPLOYMENT
SECTION 10.13. SALES TAX OBLIGATION
ARTICLE XI OPTION AND OBLIGATION TO PURCHASE THE PROJECT
SECTION 11.1. OPTION TO PURCHASE THE PROJECT
SECTION 11.2. CONVEYANCE OF THE PROJECT
SECTION 11.3. RELATIVE POSITION OF OPTION AND INDENTURE
SECTION 11.4. OBLIGATION TO PURCHASE THE PROJECT
ARTICLE XII DEFAULTS AND REMEDIES
SECTION 12.1. EVENTS OF DEFAULT
SECTION 12.2. REMEDIES ON DEFAULT
SECTION 12.3. SURVIVAL OF OBLIGATIONS
SECTION 12.4. PERFORMANCE OF THE COMPANY'S OBLIGATIONS BY THE CITY..................
SECTION 12.5. RIGHTS AND REMEDIES CUMULATIVE
SECTION 12.6. WAIVER OF BREACH
SECTION 12.7. NOTICE OF DEFAULTS UNDER SECTION 12.1; OPPORTUNITY OF COMPANY TO CURE DEFAULTS
SECTION 12.8. TRUSTEE'S EXERCISE OF THE CITY'S REMEDIES
ARTICLE XIII ASSIGNMENT AND SUBLEASE
SECTION 13.1. ASSIGNMENT; SUBLEASE
SECTION 13.2. ASSIGNMENT OF REVENUES BY CITY
SECTION 13.3. RESTRICTIONS ON SALE OR ENCUMBRANCE OF PROJECT BY CITY..................
ARTICLE XIV AMENDMENTS, CHANGES AND MODIFICATIONS
SECTION 14.1. AMENDMENTS, CHANGES AND MODIFICATIONS
ARTICLE XV MISCELLANEOUS PROVISIONS
SECTION 15.2. CITY SHALL NOT UNREASONABLY WITHHOLD CONSENTS AND APPROVALS
SECTION 15.4. NO PECUNIARY LIABILITY
SECTION 15.8. EXECUTION IN COUNTERPARTS
EXHIBIT A- PROJECT SITE
EXHIBIT B- PROJECT IMPROVEMENTS AND EQUIPMENT
EXHIBIT C- FORM OF REQUISITION CERTIFICATE
EXHIBIT D- PILOT SCHEDULE