My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
Res13 PFA 13-02
RedwoodCity
>
City Clerk
>
Resolutions
>
Pub Financing Auth
>
2000-2017
>
Res13 PFA 13-02
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/27/2013 5:01:28 PM
Creation date
5/23/2013 9:40:50 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.
/
119
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 /> relieve any board member, officer or employee of the City from the performance of any official <br /> duty provided by any applicable provisions of law or hereby. <br /> Section 8.05. Article and Section Headings Gender and References <br /> The headings or titles of the several articles and sections hereof and the table of <br /> contents appended hereto shall be solely for convenience of reference and shall not affect the <br /> meaning, construction or effect hereof, and words of any gender shall be deemed and construed <br /> to include al( genders. All references herein to "Articles," "Sections" and other subdivisions or <br /> clauses are to the corresponding articles, sections, subdivisions or clauses hereof; and the words <br /> "hereby," "herein," "hereof," "hereto," "herewith," "hereunder" and other words of similar <br /> import refer to this Installment Purchase Contract as a whole and not to any pazticular article, <br /> section,subdivision or clause hereof. <br /> Section 8.06. Partial Invaliditv. <br /> If any one or more of the agreements or covenants or portions thereof contained <br /> herein required to be performed by or on the part of the City or the Authority shall be contrary to <br /> the law, then such agreement or agreements, such covenant or covenants or such portions thereof <br /> shall be null and void and shall be deemed separable from the remaining agreements and <br /> covenants or portions thereof and shall in no way affect the validity hereof. The City and the <br /> Authority hereby declare that they would have execu[ed this Installment Purchase Contract, and <br /> each and every other article, section, paragraph, subdivision, sentence, clause and phrase hereof <br /> irrespective of the fact that any .one or more articles, sections, paragraphs, subdivisions, <br /> sentences, clauses or phrases hereof or the application thereof to any person or circumstance may <br /> be held to be unconstitutional,unenforceable or invalid. <br /> Section 8.07. Assignment. <br /> This Installment Purchase Contract and any rights hereunder shall be assigned by <br /> the Authority, in accordance with the Indenture, to the Trustee or any successor in interest to the <br /> " Trustee, without the necessity of obtaining the prior consent of the City. The City may not assign <br /> any of its rights hereunder. <br /> Section 8.08. Net Contract. <br /> This Installment Purchase Contract shall be deemed and construed to be a net-net- <br /> net contract, and the City shall pay absolutety net during the term hereof the Installment <br /> Payments and all other payments required hereunder free of any deductions and without <br /> abatement, diminution or set-off whatsoever. <br /> Section 8.09. Califomia Law. <br /> This Installment Purchase Contract shall be construed and governed in accordance <br /> with the laws of the State of California. <br /> • 27 <br /> 338529_t.DOC <br />
The URL can be used to link to this page
Your browser does not support the video tag.