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the costs of the Leased Property, the fair market value thereof, the other obligations of the parties hereunder, the uses and purposes which may be served by the Leased Property and the benefits therefrom which will accrue to the City, its residents and the general public. Each installment of Base Rental and Additional Rental payable hereunder shall be paid in (awful money of the United States of America to or upon the order of the Authority at the office of the Trustee. To the extent permitted by law, any such installment of Base Rental or Additional Rental accruing hereunder which shall not be paid when due shall bear interest at the rate of twelve per cent (12%) per annum, or such maximum lesser rate of interest as may be permitted by law. All such delinquent installments of Base Rental and the interest thereon shall be deposited in the Revenue Fund. All such delinquent installments of Additional Rental and interest thereon shall be paid to the order of the Authority. Notwithstanding any dispute between the Authority, or the Trustee and the City, the City shall make all rental payments when due hereunder without deduction or offset of any kind and shall not withhold any rental payments pending the final resolution of such dispute. (b) Additional Rental. The City shall pay to the Authority as Additional Rental hereunder such amounts in each year as shall be required by the Authority for the payment in full of all costs and expenses incurred by the Authority, and the Trustee in connection with the execution, performance or enforcement hereof or any assignment hereof, of the Indenture and of the lease of the Leased Property to the City, including but not limited to payment of all fees, costs and expenses and all administrative costs of the Authority, and the Trustee in connection with the Leased Property, the Project, the Lease, the Ground Lease, and the Indenture and all taxes, assessments and governmental charges of any nature whatsoever hereafter levied or imposed by any governmental authority against the Authority, the Leased Property, the Project, or the rentals and the other payments required to be made by the City hereunder. Such Additional Rental shall be billed to the City by the Authority, or the Trustee from time to time, together with a statement certifying that the amount so billed has been paid by the Authority, or the Trustee for one or more of the items above described, or that such amount is then payable by the Authority, or the Trustee for one or more of such items, and all amounts so billed shall be due and payable by the City within thirty(30) days after receipt of each bill therefor by the City. SECTION 5.02. Annual Budgets: Reporting Requirements. The City covenants to take action as may be necessary to include all such rental payments due hereunder in its annual budgets and to make the necessary annual appropriations for all such rental payments. The City will furnish to the Authority and the Trustee on or before July 1 of each year a certification that the annual proposed budget of the City for the City Fiscal Year beginning on . such date contains such necessary annual appropriations. SECTION 5.03. Application of Rental Payments. All rental payments received shall be applied first to the interest components of the Base Rental payments due hereunder, then to the principal components (including any prepayment premium components) of the Base Rental payments due hereunder and thereafter to all Additional Rental due hereunder, but no such LAI-63219.5 13