Laserfiche WebLink
<br />-17- <br />(e) Effect of Redemption. From and after the date fixed for redemption, if funds available <br />for the payment of the redemption price of and interest on the 2018 Bonds so called for redemption <br />shall have been duly deposited with the Trustee, such 2018 Bonds so called shall cease to be <br />entitled to any benefit under this Indenture other than the right to receive payment of the <br />redemption price and accrued interest to the redemption date, and no interest shall accrue <br />thereon from and after the redemption date specified in such notice. <br /> <br />(f) Manner of Redemption. Whenever any 2018 Bonds or portions thereof are to be <br />selected for redemption by lot, the Trustee shall make such selection, in such manner as the <br />Trustee shall deem appropriate, and shall notify the Successor Agency thereof to the extent 2018 <br />Bonds are no longer held in book-entry form. In the event of redemption by lot of 2018 Bonds, <br />the Trustee shall assign to each 2018 Bond then Outstanding a distinctive number for each $5,000 <br />of the principal amount of each such 2018 Bond. The 2018 Bonds to be redeemed shall be the <br />2018 Bonds to which were assigned numbers so selected, but only so much of the principal <br />amount of each such 2018 Bond of a denomination of more than $5,000 shall be redeemed as <br />shall equal $5,000 for each number assigned to it and so selected. All 2018 Bonds redeemed or <br />purchased pursuant to this Section 2.03 shall be cancelled and destroyed. <br /> <br />Section 2.04. Form of 2018 Bonds. The 2018 Bonds, the form of Trustee's Certificate of <br />Authentication, and the form of Assignment to appear thereon, shall be substantially in the form <br />set forth in Exhibit A, which is attached hereto and by this reference incorporated herein, with <br />necessary or appropriate variations, omissions and insertions, as permitted or required by this <br />Indenture. <br /> <br />Section 2.05. Execution of 2018 Bonds. The 2018 Bonds shall be executed on behalf of <br />the Successor Agency by the signature of the Mayor, the City Manager or the Finance Director of <br />the City who are in office on the date of execution and delivery of this Indenture or at any time <br />thereafter. Either or both of such signatures may be made manually or may be affixed by facsimile <br />thereof. If any officer whose signature appears on any 2018 Bond ceases to be such officer <br />before delivery of the 2018 Bonds to the purchaser, such signature shall nevertheless be as <br />effective as if the officer had remained in office until the delivery of the 2018 Bonds to the <br />purchaser. Any 2018 Bond may be signed and attested on behalf of the Successor Agency by <br />such persons as at the actual date of the execution of such 2018 Bond shall be the proper officers <br />of the Successor Agency although on the date of such 2018 Bond any such person shall not have <br />been such officer of the Successor Agency. <br /> <br />Only such of the 2018 Bonds as shall bear thereon a Certificate of Authentication in the <br />form hereinbefore set forth, executed and dated by the Trustee, shall be valid or obligatory for <br />any purpose or entitled to the benefits of this Indenture, and such Certificate shall be conclusive <br />evidence that such 2018 Bonds have been duly authenticated and delivered hereunder and are <br />entitled to the benefits of this Indenture. In the event temporary 2018 Bonds are issued pursuant <br />to Section 2.09 hereof, the temporary 2018 Bonds may bear thereon a Certificate of <br />Authentication executed and dated by the Trustee, shall be initially registered by the Trustee, and, <br />until so exchanged as provided under Section 2.09 hereof, the temporary 2018 Bonds shall be <br />entitled to the same benefits pursuant to this Indenture as definitive 2018 Bonds authenticated <br />and delivered hereunder. <br /> <br />Section 2.06. Transfer of Bonds. Any Bond may, in accordance with its terms, be <br />transferred, upon the Registration Books, by the person in whose name it is registered, in person <br />or by a duly authorized attorney of such person, upon surrender of such Bond to the Trustee at <br />its Principal Corporate Trust Office for cancellation, accompanied by delivery of a written <br />443