My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
Res13 15263
RedwoodCity
>
City Clerk
>
Resolutions
>
City Council
>
2010-2019
>
2013
>
Res13 15263
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/28/2013 12:22:50 PM
Creation date
5/23/2013 9:38:47 AM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Public Finance Authority
Date
5/20/2013
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
118
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
Section 2.10. Evidence of Si�natures 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 /> concurrent instruments of similar tenor, and may be signed or executed by such Bond Owners in <br /> person or by their attorneys or agents appointed by an instrument in writing for that purpose. <br /> Proof of the execution of any such instrument, or of any instrument appointing any such attorney <br /> or agent, and of the holding and ownership of Bonds shall be sufficient for any purpose hereof <br /> (except as otherwise herein provided), if made in the Form of the Assignment attached to the <br /> Bond in Appendix A hereto. <br /> Nothing contained in this Article shall be construed as limiting the Trustee to such proof, <br /> it being intended that the Trustee may accept any other evidence of the matters herein stated <br /> which to the Trustee may seem sufficient. Any request or consent of the Owner of any Bond <br /> shall bind every future Owner of the same Bond in respect of anything done or suffered to be <br /> done by the Authority or the Trustee in pursuance of such request or consent. <br /> Section 2.11. Book Entrv Svstem. <br /> . (a) Ori�inal Delivery. The Bonds shall be initially delivered in the form of a <br /> separate single fully registered Bond (which may be typewritten) for each maturity. Upon initial <br /> delivery, the ownership of each such Bond shall be registered on the Bond Register kept by the <br /> Trustee in the name of the Nominee. Except as provided in subsection (c), the ownership of all <br /> of the Outstanding Bonds shall be registered in the name of the Nominee. <br /> With respect to Bonds the ownership of which shall be registered in the name of the <br /> Nominee, the Authority and the Trustee shall have no responsibiliry or obligation to any <br /> Depository System Participant or to any person on behalf of which the Authority holds an interest <br /> in the Bonds. Without limiting the generality of the immediately preceding sentence, the <br /> � Authority and the Trustee shall have no responsibility or obligation with respect to (i) the <br /> accuracy of the records of the Depository, the Nominee or any Depository System Participant <br /> with respect to any ownership interest in the Bonds, (ii) the delivery to any Depository.System <br /> Participant or any other person, other than a Bond Owner as shown in the Bond Register, or any <br /> notice with respect to the Bonds, including any notice of redemption; (iii) the selection by the <br /> Depository of the beneficial interests in the Bonds to be redeemed in the event�the Authority <br /> elects to redeem the Bond in part, (iv) the payment to any Depository Syste�n Participant or any <br /> other person, other than a Bond Owner as shown in the Bond Register, of any amount with <br /> respect to principal, premium, if any, or interest on the Bonds, or(v) any consent given or other <br /> action taken by the Depository as Owner of the Bonds. The Authority and the Trustee may treat <br /> and consider the person in whose name each Bond is registered as the absolute owner of such <br /> Bonds for the purpose of payment of principal of, premium, if any, and interest on such Bonds <br /> for the purpose of giving notices of redemption and other matters with respect to such Bonds, for <br /> the purpose of registering transfers of ownership of such Bonds, and for all other purposes <br /> whatsoever. The Trustee shall pay the principal of and the interest and premium, if any, on the <br /> Bonds only to the respective Owners or their respective attorneys duly authorized in writing, and <br /> all such,payments shall be valid and effective to fully satisfy and discharge all obligations with <br /> respect to payment of principal of and interest and premium, if any, on the Bonds to the extent of <br /> -15- <br /> 338471 1.DOC <br />
The URL can be used to link to this page
Your browser does not support the video tag.