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10B Action 2009 1221
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10B Action 2009 1221
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Last modified
12/17/2009 10:13:45 AM
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12/17/2009 10:13:36 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
12/21/2009
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PERM
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_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
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ARTICLE VI: <br />THE TRUSTEE <br />Section 6.01. Duties, Immunities and Liabilities of Trustee .................................. ............... 31 <br />Section 6.02. Merger or Consolidation ................................................................. ............... 32 <br />Section 6.03. Right to Rely on Documents and Opinions .................................... ............... 34 <br />Section 6.04. Preservation and Inspection of Documents .................................... ............... 35 <br />Section 6.05. Compensation and Indemnification ................................................ ............... 35 <br />Section 6.06. Deposit and Investment of Moneys in Funds ................................. ............... 35 <br />Section 6.07. Accounting Records and Financial Statements .............................. ............... 36 <br />Section 6.08. Other Transactions with Agency .................................................... ............... 36 <br /> ARTICLE VII <br /> MODIFICATION OR AMENDMENT OF THIS INDENTURE <br />Section 7.01. Amendment With And Without Consent of Owners ....................... ............... 37 <br />Section 7.02. Effect of Supplemental Indenture ................................................... ............... 37 <br />Section 7.03. Endorsement or Replacement of Bonds After Amendment ............ ............... 38 <br />Section 7.04. Amendment by Mutual Consent ..................................................... ............... 38 <br />Section 7.05. Opinion of Counsel ........................................................................ ............... 38 <br />Section 7.06. Copy of Supplemental Indenture to S&P ........................................ ............... 38 <br />ARTICLE VIII <br />EVENTS OF DEFAULT AND REMEDIES OF OWNERS <br />Section 8.01. Events of Default and Acceleration of Maturities ........................................... 39 <br />Section 8.02. Application of Funds Upon Acceleration ....................................................... 40 <br />Section 8.03. Power of Trustee to Control Proceedings ..................................................... 41 <br />Section 8.04. Limitation on Owner's Right to Sue ............................................................... 41 <br />Section 8.05. Non-Waiver ................................................................................................... 41 <br />Section 8.06. Actions by Trustee as Attorney-in-Fact ......................................................... 42 <br />Section 8.07. Remedies Not Exclusive ............................................................................... 42 <br />Section 8.08. Determination of Percentage of Bond Owners .............................................. 42 <br />ARTICLE IX <br />MISCELLANEOUS <br />Section 9.01. Benefits Limited to Parties ............................................................... ............. 43 <br />Section 9.02. Successor is Deemed Included in All References to Predecessor ... ............. 43 <br />Section 9.03. Discharge of Indenture .................................................................... ............. 43 <br />Section 9.04. Execution of Documents and Proof of Ownership by Owners .......... ............. 44 <br />Section 9.05. Disqualified Bonds ........................................................................... ............. 45 <br />Section 9.06. Waiver of Personal Liability .............................................................. ............. 45 <br />Section 9.07. Destruction of Cancelled Bonds ....................................................... ............. 45 <br />Section 9.08. Notices ............................................................................................. ............. 45 <br />Section 9.09. Partial Invalidity ................................................................................ ............. 45 <br />Section 9.10. Unclaimed Moneys .......................................................................... ............. 46 <br />Section 9.11. Execution in Counterparts ................................................................ ............. 46 <br />Section 9.12. Governing Law ................................................................................. ............. 46 <br />EXHIBIT A FORM OF SERIES 2010 BOND <br />
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