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Section 6.3. Abatement of Lease Payments in the Event of Damage or Destruction. <br />Lease Payments shall be abated during any period in which, by reason of damage or <br />destruction, there is substantial interference with the use and occupancy by the City of the <br />Property or any portion thereof to the extent to be agreed upon by the City and the Assignees. <br />The parties agree that the amounts of the Lease Payments under such circumstances shall not <br />be less than the amounts of the unpaid Lease Payments as are then set forth in Exhibit C, <br />unless such unpaid amounts are determined to be greater than the fair rental value of the <br />portions of the Property not damaged or destroyed, based upon an appropriate method of <br />valuation, in which event the Lease Payments shall be abated such that they represent said fair <br />rental value. Such abatement shall continue for the period commencing with such damage or <br />destruction and ending with the substantial completion of the work of repair or reconstruction <br />as evidenced by a Certificate of a City Representative to the Authority and the Assignees. In <br />the event of any such damage or destruction, this Lease Agreement shall continue in full force <br />and effect and the City waives any right to terminate this Lease Agreement by virtue of any <br />such damage and destruction. Notwithstanding the foregoing, there shall be no abatement of <br />Lease Payments under this Section 6.3 to the extent that (a) the proceeds of rental interruption <br />insurance or (b) amounts in the Insurance and Condemnation Fund are available to pay Lease <br />Payments which would otherwise be abated under this Section 6.3, it being hereby declared <br />that such proceeds and amounts constitute special funds for the payment of the Lease <br />Payments. <br />-23- <br />