10B Action 2014 0616 - Laserfiche WebLink

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-21- Section 2.05. Execution of 2014 Bonds. The 2014 Bonds shall be executed on behalf of the Successor Agencyby the signature of the Mayor, the city Manager or the Finance Director of the Citywho are in office on the date of execution and delivery of this Indenture or at any time thereafter. Either or both of such signatures may be made manually or may be affixed by facsimile thereof. If any officer whose signature appears on any 2014 Bond ceases to be such officer before delivery of the 2014 Bonds to the purchaser, such signature shall nevertheless be as effective as if the officer had remained in office until the delivery of the 2014 Bonds to the purchaser. Any 2014 Bond may be signed andattested on behalf of the Successor Agencyby such persons as at the actual date of the execution of such 2014 Bond shall be the proper officers of the Successor Agencyalthough on the date of such 2014 Bond any such person shall not have been such officer of the Successor Agency. Only such of the 2014 Bonds as shall bear thereon a Certificate of Authentication in the form hereinbefore set forth, executed and dated by the Trustee, shall be valid or obligatory for any purpose or entitled to the benefits ofthis Indenture, and such Certificate shall be conclusive evidence that such 2014 Bonds have been duly authenticated and delivered hereunder and are entitled to the benefits of this Indenture. In the event temporary 2014 Bonds are issued pursuant to Section 2.09 hereof, the temporary 2014 Bonds may bear thereon a Certificate of Authentication executed and dated by the Trustee, shallbe initially registered by the Trustee, and, until so exchanged as provided under Section 2.09 hereof, the temporary 2014 Bonds shall be entitled to the same benefits pursuant to this Indenture as definitive 2014 Bonds authenticated and delivered hereunder. Section 2.06. Transfer of Bonds. Any Bond may, in accordance with its terms, be transferred, upon the Registration Books, by the person in whose name it is registered, in person or by a duly authorized attorney of such person, upon surrender of such Bond to the Trustee at its Principal Corporate Trust Office for cancellation, accompanied by delivery of a written instrument of transfer in a form acceptable to the Trustee, duly executed. Whenever any Bond or Bonds shall be surrendered for registration of transfer, the Successor Agencyshall execute and the Trustee shall authenticate and deliver a new Bond or Bonds, of like series, interest rate, maturity and principal amount of authorized denomination. The Trustee shall collect from the Owner any tax or other governmental charge on the transfer of any Bonds pursuant to this Section 2.06. The cost of printing Bonds and any services rendered or expenses incurred by the Trustee in connection with any transfer shall be paid by the Successor Agency. The Trustee may refuse to transfer, under the provisions of this Section 2.06, either (a) any Bonds during the period fifteen (15) days prior to the date established by the Trustee for the selection of Bonds for redemption, or (b) any Bonds selected by the Trustee for redemption. Section 2.07. Exchange of Bonds. Bonds may be exchanged at the Principal Corporate Trust Office of the Trustee for a like aggregate principal amount of Bonds of other authorized denominations of the same series, interest rateand maturity. The Trustee shall collect any tax or other governmental charge on the exchange of any Bonds pursuant to this Section 2.07. The cost of printing Bonds and any services rendered or expenses incurred by the Trustee in connection with any exchange shall be paid by the Successor Agency. The Trustee may refuse to transfer, under theprovisions of this Section 2.07, either (a) any Bonds during the period fifteen (15) days prior to the date established by the Trustee for the selection of Bonds forredemption, or (b) any Bonds selected by the Trustee for redemption.