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-48- <br />ARTICLE IX <br />MISCELLANEOUS <br />Section 9.01. Benefits Limited to Parties. Nothing in this Indenture, expressed or <br />implied, is intended to give to any person other than the Successor Agency, the Trustee and the <br />Owners, any right, remedy or claim under or by reason of this Indenture. Any covenants, <br />stipulations, promises or agreements in this Indenture contained by and on behalf of the <br />Successor Agencyshall be for the sole and exclusive benefit of the Trustee and the Owners. <br />Section 9.02. Successor is Deemed Included in All References to Predecessor. <br />Whenever in this Indenture or any Supplemental Indenture either the Successor Agencyor the <br />Trustee is named or referred to, such reference shall be deemed to include the successors or <br />assigns thereof, and all the covenants and agreements in this Indenture contained by or on <br />behalf of the Successor Agencyor the Trustee shall bind and inure to the benefit of the <br />respective successors and assigns thereof whether so expressed or not. <br />Section 9.03. Defeasanceof Bonds. If the Successor Agencyshall pay and discharge <br />the entire indebtedness on all Bonds or any portion thereof in any one or more of the following <br />ways: <br />(i) by well and truly payingor causing to be paid the principal of and interest on <br />all or the applicable portion ofOutstanding Bonds, as and when the same become due <br />and payable; or <br />(ii) by irrevocably depositing with the Trustee or an escrow agent, in trust, at or <br />before maturity, money which, together with the available amounts then on deposit in the <br />funds and accounts established pursuant to this Indenture, is fully sufficient to pay all or <br />aportion ofOutstanding Bonds, including all principalandinterest, or; <br />(iii) by irrevocably depositing with the Trustee or an escrow agent, in trust, <br />Defeasance Obligations in such amount as an Independent Accountant shall determine <br />will, together with the interest to accrue thereon and available moneys then on deposit in <br />the funds and accounts established pursuant to this Indenture, be fully sufficient to pay <br />and discharge the indebtedness on all Bonds or aportionthereof(including all principal <br />andinterest) at or before maturity;or <br />(iv) bypurchasing such Bonds prior to maturity and tendering such Bonds to the <br />Trustee for cancellation; <br />then, at the election of the Successor Agency, and notwithstanding that any Bonds shall not <br />have been surrendered for payment, the pledge of the Tax Revenues and other funds provided <br />for in this Indenture and all other obligations of the Trustee and the Successor Agencyunder <br />this Indenture shall cease and terminate with respect to all Outstanding Bonds or, if applicable, <br />with respect to that portion of the Bonds which has been paid and discharged, except only (a) <br />the covenants of the Successor Agencyhereunder with respect to the Code, (b) the obligation <br />of the Trustee to transfer and exchange Bonds hereunder, (c) the obligations of the Successor <br />AgencyunderSection 6.06 hereof, and (d) the obligation of the Successor Agencyto pay or <br />cause to be paid to the Owners, from the amounts so deposited with the Trustee, all sums due <br />thereon and to pay the Trustee all fees, expenses and costs of the Trustee. In the event the <br />Successor Agencyshall, pursuant to the foregoing provision, pay and discharge any portion or