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• Page 2 nor shall anything contained herein conotitut-e a pledge of the general tax revenues, funds or monies of Lessee. Lessee ohall pay rent exclusively from legally available funds, in the amounts net- forth both above and on the rent- due dates set forth in the Schedule of Payments (Exhibit C) attached to the Certificate of Acceptance (Exhibit D), executed by Lessee, by mailing the name to Lersor at the address specified in Section 14(a). For purpooeo of making computationo under applicable regulations and rulings under federal- income tax law, and as set forth in the Schedule of Payments, a portion of each rent- payment is paid as, and represents payment of, interest, and the balance of each rent payment in paid an, and represents payment of, principal. Each year's rental payment is for the consideration actually furnished that year and each rental payment is. supported by the une of the equipment in cacti year. The obligation of Lessee to make payment of rent-, and to perform and observe the agreements contained in the Agreement-, shall be absolute and unconditional in all events, except an expressly provided herein. Notwithstanding any dispute between Lennee, Lessor, and any other person, Lessee shall make all rent payments when due and shall not withhold any rent payments pending final resolution of such dispute, nor shall Lessee assert any right- of setoff or counterclaim against its obligation to make ouch payments required under this Agreement, Lessee's obligation to pay rent shall not be abated through accident or unforeseen circumstances. 2. LEASE TERM. (a) Commencement of Lease Term. The lease terms shall commence on the date on which the Equipment is accepted by Lessee as indicated on the Certificate of Acceptance (the Commencement Date), and shall terminate on the last business day of Lessee's then current fiscal budget period (such period being hereinafter referred to as the "Original Term "): provided, however, that this Agreement shall be effective from and after the date of execution hereof. (b) Renewal of Lease Term. Upon expiration of the Original Term, this Lease shall automatically renew on a year -to -year basis for the number of budget periods necessary to comprise the Full Lease Term as net forth in Exhibit C attached hereto and made a part hereof, unless Lessee given written notice to Lessor not less than 60 days prior to the end of the then current- term pursuant to subpart (e) of this section or Section 10, an the care may be. Each renewal period is hereinafter referred to as a "Renewal Term ", and all Renewal Terms, together with the Original Term, shall comprise the "Full Lease Term ". The terms applicable to any Renewal Term shall be the same as the' terms applicable to the Original Term, except that the rent shall be an provided in the Schedule of Payments in Exhibit- C. (c) Termination of Lease Term. The Lease Term will terminate upon the earliest to occur of any of the following events: (1) the expiration of the Original Term or any Renewal Term and the nonrenewal thereof in accordance with the terms hereof; (2) the purchase of the Equipment by Lessee pursuant to Section 8 or 10; (3) a default by Lessee or Lessor's election to terminate this Agreement under Section 12; or (4) the payment by Lessee of all rentals authorized or required to be paid by Lessee hereunder. (d) Continuation of Lease Term by Lennee. Lessee intends, subject to the provisions of subpart (e) of thin section, to continue the Lease Term through the Original Term and all Renewal Terms for the Full Lease Term and to pay the rent hereunder. Lessee reasonably believes that legally available funds in an amount sufficient to pay all rent for the Full Lease 'term can be obtained. Lessee further intends and covenants to do all things lawfully within its power to obtain and maintain funds from which the rent may be paid, including making provision for ouch rent to the extent necessary in each budget submitted and adopted in accordance with law, to use its bona fide best efforts to have ouch portion of the budget approved, and to exhaust all available reviews and appeals in the event such portion of the budget- is not approved.