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Board Of Aldermen - Agenda - 3/12/2019 - P43

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. 229 Main Street
City of Nashua P.O. Box 2019
Nashua, NH 03061-2019

Office of the City Clerk (603) 580-3010
Patricia Piecuch Fax (603) 589-3029

City Clerk E-Mail: cityclerkdept@NashuaNH.gov

March 6, 2019

Board of Aldermen
City Hali

229 Main Street
Nashua, NH 03060

To the Members of the Board of Aldermen:

In accordance with Charter Section 23 please find attached the Record of Returns of the
Special Municipal Election held on March 5, 2019.

Board Of Aldermen - Agenda - 3/12/2019 - P42

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hua Police Department
Panther Drive: P.O. Box 785
Nashua, NH 03061-0785

Phone (603) 594-3500

Main Fax: (603) 594-3516 Andrew J. Lavoi
Administration Fax: (603) 594-2615 Chi Ww aVvole
Detective Bureau Fax: (603) 894-3616 hief of Police
Legal Bureau Fax: (602) §94-3577%

Dear Members of the Board of Alderman,

| am requesting your consideration and approval for changing the name of “Panther
Drive” to “Officer James Roche Drive’.

Board Of Aldermen - Agenda - 3/12/2019 - P41

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IN WITNESS WHEREOF, the Guarantor has caused this Guaranty to be executed as of the date
shown above by its duly authorized officers.

PENNICHUCK-GORPORATION ___

op ee

Title: Cc co

Board Of Aldermen - Agenda - 3/12/2019 - P40

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SECTION 10. Notices. Ali notices provided for herein shall be in writing (including facsimile)
and shall be mailed or delivered to the following addresses or facsimile numbers or to such other address
or facsimile number as cither party may specify by notice to the other:

If to CoBank, as follows: If to the Guarantor, as follows:
CoBank, ACB Pennichuck Corporation

5500 South Quebec Street 25 Manchester Street

Board Of Aldermen - Agenda - 3/12/2019 - P39

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(3) Notice of Default. Promptly after becoming aware thereof, notice of the
breach of any covenant contained in this Guaranty or any instrument or document executed in connection
herewith.

Board Of Aldermen - Agenda - 3/12/2019 - P38

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Guarantor agrees to cause all persons occupying or present on any of its properties to comply in all
material respects with all Laws relating to such propertics.

(C) Insurance. Maintain insurance with insurance companies or associations
acceptable to CoBank in such amounts and covering such risks as are usually carried by companies
engaged in the same or similar business and similarly situated.

Board Of Aldermen - Agenda - 3/12/2019 - P37

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(D) Litigation. Except as disclosed in the Company’s Application for Credit dated as
of February 9, 2010 (the “Application”), there are no pending legal, arbitration, or governmental actions or
proceedings to which the Guarantor is a party or to which any of its property is subject which, if adversely
determined, could have a material adverse effect on the condition, financial or otherwise, operations,
properties, or business of the Guarantor, or on the ability of the Guarantor to perform its obligations

Board Of Aldermen - Agenda - 3/12/2019 - P36

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SECTION 5. Information Regarding Company; Waiver of Notices, Etc. The Guarantor
assumes responsibility for keeping fully informed of the financial condition of the Company, its liability
hereunder and all other circumstances affecting the Company's ability to pay and perform the Guaranteed
Obligations. The Guarantor agrees that CoBank shall have no duty to report to or notify the Guarantor of:
(i) any information which CoBank shall receive about the financial condition of the Company (including

Board Of Aldermen - Agenda - 3/12/2019 - P35

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the terms and conditions of the Loan Documents; (iii) the forbearance by CoBank from exercising any right
or remedy it may have under the Loan Documents or under law; (iv) any inability, failure, neglect or
omission to obtain, perfect, maintain, enforce, or realize upon any collateral for the Guaranteed Obligations,
or to pursue or obtain any deficiency judgment against the Company following any foreclosure of any
security interest, mortgage or deed of trust; (v) the loss or impairment of any collateral, the subordination or

Board Of Aldermen - Agenda - 3/12/2019 - P34

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Attachment C

GUARANTEE OF PAYMENT
(CONTINUING)

THIS GUARANTEE OF PAYMENT (this "Guaranty") is executed as of February 9, 2010, by
PENNICHUCK CORPORATION, a New Hampshire corporation (hereinafter referred to as the
"Guarantor"), in favor COoBANK, ACB (hereinafter referred to as "CoBank").

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