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<br />the "Extended Term"). During the Extended Term, Lessee shall pay Basic Rent and Additional Rent in <br />the amounts described in Sections 3.01 and 3.02; provided, however, that until the Maturity Date, under <br />no circumstances shall Basic Rent payable by Lessee during the Extended Term be less than the amount <br />necessary to pay when due one-third of the amount of principal of, premium, if any, and interest, plus any <br />overdue amounts, on the Bonds. <br /> <br />Section 3.09. Utilities. Water and Other Charges. Lessee shall pay all of the expenses assessed <br />or imposed for the operation and service of all telephone, gas, electricity, water and sewer, and all other <br />utilities and service charges of those utility services to the Building during the Lease Term. All utilities <br />shall be in the name of Lessee and billed directly to Lessee. The parties agree and understand that the <br />costs of initial connection to utilities (e.g., sewer and water access charges) are Project Costs financed in <br />accordance with Article II hereof. <br /> <br />(The remainder of this page is intentionally left blank.) <br /> <br />II <br />