Res13 15263 - Laserfiche WebLink

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Section 5.07. Punctual Payment.............................. ............28 Section 5.08. Extension of Payment_of Bonds............................. .....................................29 Section 5.09. Tax Covenants ....................... 29 .................................................................. Section 5.10. Power to Issue Bonds and Make Pledge and Assignment..........................29 Section 5.11. Payment of Claims......................... ....... 29 ................................................. Section 5.12. No Additional Obligations..........................................................................29 Section 5.13. Rebate of Excess Investment Earnings to United States.............................29 Sectiori 5.14. Books and Accounts; Financial Statements................. ...............................3 0 � Section 5.15. Installment Purchase Contract................................ ............31 ........................ Section 5.16. Continuing Disclosure to Owners............................... ......................31 .......... Section 5.17. Continued Existence of the Authoritv............................. ............................31 ARTICLE VT DEFAULT AND LIMITATIONS OF LIABILITY.........................................32 � � Section 6.01. Events of Default........................................................................................32 Section 6.02. Other Remedies of the Trustee.................... Section 6.03. Non-Waiver.................... . ................................................33 .. ......................................................................... 33 Section 6.04. Remedies Not Exclusive......................... .....33 ............................................... Section 6.05. No Liability by the Trustee to the Owners:............................ ...34 .................. Section 6.06. Limitation on Owners' Right to Bring Suit................ .............34 ................... Section 6.07. Application of Funds Upon Default................................ ....34 ....................... ARTICLE VII THE TRUSTEE.............................................. ...36 ............................................. Section 7.01. Trustee; Duties, Removal and Resignation..................... ..............36 .............. Section 7.02. Compensation of the Trustee.................... .... ,,,37 Section 7.03. Protection to Trustee....................... ............................................................37 Sectian 7.04. Payment Limited.......................................... .........39 ...................................... Section 7.05. Merger or Consolidation.................... ............39 ............................................. Section 7.06. Funds and Accounts................................. ..40 ................................................. ARTICLE VIII AMENDMENT OF OR SUPPLEMENT TO TRUST AGREEMENT........40 Section 8.01. Amendment or Supplement.............................. ,,,40 � ....................................... Section 8.02. Disqualified Bonds...:.............................................. ...............41 ARTICLE IX DEFEASANCE............... .....:...........................................................................41 Section 9.01. Defeasance.......................................... ..41 ...................................................... Section 9.02. Unclaimed Moneys............................................. ....43 ..........••........................ ARTICLE X MISCELLANEOUS................................ ....................................43 ...................... Section 10.01. Benefits of Indenture Limited to Parties...................................................43 � Section 10.02. Successor Deemed Included in all References to Predecessor.................43 Section 10.03. Execution of Documents by Owners ..................... Section 10.04. Waiver of Personal Liability......................................... """"""'43 ........................... 44 Section 10.05. Acquisition of Bonds by Authority or the Authority................................44 Section 10.06. Content of Certificates Section 10.07. Notice by Mail ..........................................................................................44 Section 10.08. Funds 45 .................................44 Section 10.09: Investments...................................................... ............45 ............................. Section 10.10. Article and Section Headings, Gender and References ............................46 Section 10.11. Partial Invalidity........................................................................................46 Section 10.12. California Law.............................. ..........................46 � .................................. � ii 338471 1.DOC