My WebLink
|
Help
|
About
|
Sign Out
Home
10B Action 2009 1221
CityHall
>
City Clerk
>
City Council
>
Agenda Packets
>
2009
>
Packet 2009 1221
>
10B Action 2009 1221
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/17/2009 10:13:45 AM
Creation date
12/17/2009 10:13:36 AM
Metadata
Fields
Template:
CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
12/21/2009
Retention
PERM
Document Relationships
_CC Agenda 2009 1221
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2009\Packet 2009 1221
RDA Reso 2009-024
(Reference)
Path:
\City Clerk\City Council\Resolutions\2009
Reso 2009-170
(Reference)
Path:
\City Clerk\City Council\Resolutions\2009
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
175
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).
View images
View plain text
every power and remedy conferred upon the Owners and the Trustee by the Law or by this <br />Article VIII may be enforced and exercised from time to time and as often as shall be deemed <br />expedient by the Owners and the Trustee. <br />If a suit, action or proceeding to enforce any right or exercise any remedy shall be <br />abandoned or determined adversely to the Owners or the Trustee, the Agency, the Trustee and <br />the Owners shall be restored to their former positions, rights and remedies as if such suit, <br />action or proceeding had not been brought or taken. <br />Section 8.06. Actions by Trustee as Attorney-in-Fact. Any suit, action or proceeding <br />which any Owner shall have the right to bring to enforce any right or remedy hereunder may be <br />brought by the Trustee for the equal benefit and protection of all Owners similarly situated and <br />the Trustee is hereby appointed (and the successive respective Owners by taking and holding <br />the Bonds or Parity Debt shall be conclusively deemed so to have appointed it) the true and <br />lawful attorney-in-fact of the respective Owners for the purpose of bringing any such suit, action <br />or proceeding and to do and perform any and all acts and things for and on behalf of the <br />respective Owners as a class or classes, as may be necessary or advisable in the opinion of <br />the Trustee as such attorney-in-fact, provided, however, the Trustee shall have no duty or <br />obligation to exercise any such right or remedy unless it has been indemnified to its satisfaction <br />from any loss, liability or expense (including fees and expenses of its outside counsel and the <br />allocated costs and disbursements of its in-house counsel to the extent such services are not <br />redundant with those provided by outside counsel). <br />Section 8.07. Remedies Not Exclusive. No remedy herein conferred upon or reserved <br />to the Owners is intended to be exclusive of any other remedy. Every such remedy shall be <br />cumulative and shall be in addition to every other remedy given hereunder or now or hereafter <br />existing, at law or in equity or by statute or otherwise, and may be exercised without exhausting <br />and without regard to any other remedy conferred by the Law or any other law. <br />Section 8.08. Determination of Percentage of Bond Owners. Whenever in this <br />Indenture the consent, direction or other action is required or permitted to be given or taken by <br />a percentage of the Owners of an aggregate principal amount of Outstanding Bonds (including <br />by the Owners of a majority in aggregate principal amount of the Outstanding Bonds), such <br />percentage shall be calculated on the basis of the principal amount of the Outstanding Bonds <br />determined as of the next succeeding Interest Payment Date. <br />42 <br />
The URL can be used to link to this page
Your browser does not support the video tag.