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8D Consent 2011 0919
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8D Consent 2011 0919
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Last modified
9/29/2011 5:14:40 PM
Creation date
9/13/2011 5:40:01 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
9/19/2011
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_CC Agenda 2011 0919
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0919
Reso 2011-166
(Reference)
Path:
\City Clerk\City Council\Resolutions\2011
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AGREEMENT: <br />In order to secure the payment of the principal of and the interest and <br />redemption premium (if any) on all the Outstanding Bonds under this Indenture <br />according to their tenor, and to secure the performance and observance of all the <br />covenants and conditions therein and herein set forth, and to declare the terms and <br />conditions upon and subject to which the Bonds are to be issued and received, and in <br />consideration of the mutual covenants herein contained and of the purchase and <br />acceptance of the Bonds by the Owners thereof, and for other valuable considerations, <br />the receipt of which is hereby acknowledged, the City and the Trustee hereby covenant <br />and agree with one another, for the benefit of the respective Owners from time to time <br />of the Bonds, as follows: <br />ARTICLE I <br />DEFINITIONS; RULES OF CONSTRUCTION <br />SECTION 1.01. Definitions. Unless the context clearly otherwise requires or <br />unless otherwise defined herein, the capitalized terms defined in Appendix A attached to <br />this Indenture have the respective meanings specified in Appendix A when used in this <br />Indenture. <br />SECTION 1.02. Authorization. Each of the parties represents and warrants that <br />it has full legal authority and is duly empowered to enter into this Indenture, and has <br />taken all actions necessary to authorize the execution hereof by the officers and <br />persons signing it. <br />SECTION 1.03. Interpretation. <br />(a) Unless the context otherwise indicates, words expressed in the singular <br />include the plural and vice versa and the use of the neuter, masculine, or feminine <br />gender is for convenience only and include the neuter, masculine or feminine gender, as <br />appropriate. <br />(b) Headings of articles and sections herein and the table of contents hereof <br />are solely for convenience of reference, do not constitute a part hereof and do not affect <br />the meaning, construction or effect hereof. <br />(c) All references herein to "Articles," "Sections" and other subdivisions are to <br />the corresponding Articles, Sections or subdivisions of this Indenture; the words <br />"herein," "hereof," "hereby," "hereunder" and other words of similar import refer to this <br />Indenture as a whole and not to any particular Article, Section or subdivision hereof. <br />2 <br />
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