My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
Agda Pkt 2024.08.26 Regular Meeting
RedwoodCity
>
City Clerk
>
Agenda Packets
>
2020-2029
>
2024
>
Agda Pkt 2024.08.26 Regular Meeting
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/27/2024 10:48:21 AM
Creation date
8/27/2024 10:41:05 AM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Agency Type
City Council
Date
8/26/2024
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
1018
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
<br />12 <br />or transfer of any Bond during the period after the mailing of notice calling such Bond or a portion <br />thereof for redemption, nor during the fifteen (15) days preceding the giving of such notice of <br />redemption. <br /> <br />Section 2.07. Bond Registration Books. The Trustee shall keep or cause to be kept at <br />its Principal Office a Bond Register, which shall, during normal business hours upon reasonable <br />prior written notice be open to inspection by the Authority; and, upon presentation for such <br />purpose, the Trustee shall, under such reasonable regulations consistent herewith as it may <br />prescribe, register or transfer or cause to be registered or transferred, on the Bond Register, <br />Bonds as herein before provided. <br /> <br />Section 2.08. Temporary Bonds. Pending preparation of the definitive Bonds, any Bonds <br />delivered under the Indenture may be initially delivered in temporary form exchangeable for <br />definitive Bonds when ready for delivery. The temporary Bonds may be printed, lithographed or <br />typewritten, shall be of such denominations as may be determined by the Authority, shall be <br />without coupons and may contain such reference to any of the provisions hereof as may be <br />appropriate. Every temporary Bond shall be authenticated by the Trustee and be delivered by the <br />Trustee upon the same conditions and in substantially the same manner as definitive Bonds. If <br />the Trustee delivers temporary Bonds, it shall authenticate and furnish definitive Bonds without <br />delay and, thereupon, the temporary Bonds shall be surrendered for cancellation at the Principal <br />Office of the Trustee and the Trustee shall deliver in exchange for such temporary Bonds an equal <br />aggregate principal amount of definitive Bonds of authorized denominations of the same interest <br />rate or rates and maturity or maturities. Until so exchanged, the temporary Bonds shall be entitled <br />to the same benefits under the Indenture as definitive Bonds delivered pursuant hereto. <br /> <br />Section 2.09. Bonds Mutilated, Destroyed, Lost or Stolen. If any Bond shall become <br />mutilated, the Trustee, at the expense of the Owner of said Bond, shall authenticate and deliver <br />a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon <br />surrender to the Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the <br />Trustee shall be canceled by it and destroyed or redelivered to, or upon the order of, the Authority. <br />If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft shall be <br />submitted to the Trustee, and, if such evidence is satisfactory to the Trustee and if an indemnity <br />satisfactory to the Trustee shall be given, the Trustee, at the expense of the Owner, shall <br />authenticate and deliver a new Bond of like tenor and numbered as the Trustee shall determine <br />in lieu of and in substitution for the Bond so lost, destroyed or stolen.. The Trustee may require <br />payment of a reasonable fee for each new Bond delivered under this Section and of the <br />reasonable expenses which may be incurred by the Trustee in carrying out the duties under this <br />Section 2.09. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to <br />be lost, destroyed or stolen shall be equally and proportionately entitled to the benefits hereof with <br />all other Bonds secured by the Indenture. The Trustee shall not be required to treat both the <br />original Bond and any replacement Bond as being Outstanding for the purpose of determining the <br />principal amount of Bonds which may be issued under the Indenture or for the purpose of <br />determining any percentage of Bonds Outstanding under the Indenture, but both the original and <br />replacement Bond shall be treated as one and the same. Notwithstanding any other provision of <br />this Section 2.09, in lieu of delivering a new Bond for a Bond which has been mutilated, lost, <br />destroyed or stolen and which has matured, the Trustee may make payment of such Bond upon <br />receipt of indemnification satisfactory to the Trustee. <br /> <br />Section 2.10. Evidence of Signatures of Bond Owners and Ownership of Bonds. Any <br />request, direction, consent, revocation of consent, or other instrument in writing required or <br />permitted by the Indenture to be signed or executed by Bond Owners may be in any number of <br />8.A. - Page 132 of 255 <br />760
The URL can be used to link to this page
Your browser does not support the video tag.