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Res 1988-107
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Res 1988-107
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9/18/2007 6:05:45 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Revenue Obligations
Number
1988-107
Date
10/10/1988
Volume Book
92
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<br />Section 4.03. <br /> <br />Form of Security Register. <br /> <br />The Bank as Registrar will maintain the records of the Security <br />Register in accordance with the Bank's general practice and procedures in <br />effect from time to time. The Bank shall not be obligated to maintain <br />such Register in any form other than those which the Bank currently <br />utilizes at the time. <br /> <br />The Securities Register may be maintained in written form or in any <br />other form capable of being converted into written form within a <br />reasonable time. <br /> <br />Section 4.04. <br /> <br />List of Security Holders. <br /> <br />The Bank will provide the Issuer at any time reasonably requested by <br />the Issuer, upon payment of the required fee, a copy of the information <br />contained in the Security Register. The Issuer may also inspect the <br />information in the Security Register at any time not on a Legal Holiday <br />that the Bank is customarily open for business, provided that reasonable <br />time is allowed the Bank to provide an up-to-date listing or to convert <br />the information into written form. <br /> <br />The Bank will not release or disclose the content of the Security <br />Register to any person other than to, or at the written request of, an <br />authorized officer or employee of the Issuer, except upon receipt of a <br />subpoena or court order. Upon receipt of a subpoena or court order the <br />Bank will notify the Issuer so that the Issuer may contest the subpoena <br />or court order. <br /> <br />Section 4.05. <br /> <br />Return of Cancelled Certificates. <br /> <br />The Bank will, at <br />surrender to the Issuer, <br />exchange for which other <br />paid. <br /> <br />such reasonable intervals as it determines, <br />Securities certificates in lieu of which or in <br />Securities have been issued, or which have been <br /> <br />Section <br /> <br />4.06. <br /> <br />Mutilated, Destroyed, Lost, or Stolen Securities. <br /> <br />The Issuer hereby instructs the Bank to deliver and issue Securities <br />in exchange for or in lieu of mutilated, destroyed, lost or stolen <br />Securities in accordance with this Agreement. <br /> <br />The Bank will issue and deliver a new Security in exchange for a <br />mutilated Security surrendered to it. All mutilated Securities shall be <br />cancelled by the Bank forthwith. The Bank will issue a new Security in <br />lieu of a Security for which it received an affidavit from the Holder <br />that the certificate representing such Security is destroyed, lost, or <br />stolen, without the surrender or production of the original certificate. <br />In accordance with Section 3.01 of this Agreement, the Bank will pay on <br />behalf of the Issuer the principal of and premium (if any) on a Security <br />behalf of the Issuer the principal of and premium (if any) on a Security <br />for which it receives an affidavit from the Holder stating that such <br />Security is destroyed, lost or stolen following the Stated Maturity or <br />Prepayment Date of the Security, without the surrender or production or <br />the Security certificate. <br /> <br />TD702/18 <br />
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