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Ord 1988-087
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Ord 1988-087
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Last modified
8/10/2007 3:44:50 PM
Creation date
8/10/2007 3:44:50 PM
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Template:
City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
1988-87
Date
11/14/1988
Volume Book
93
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<br />or furnished to the Issuer or the Bank shall be maned or de1ivered to the Issuer or <br />the Bank, respectively, at the addresses shown below: <br /> <br />(a) <br /> <br />if to the Issuer: <br /> <br />City of San Marcos, Texas <br />630 E. Hopkins Street <br />San Marcos, Texas 78666 <br />Attention: Mayor <br /> <br />(b) <br /> <br />if to the Bank: <br /> <br />First City National Bank of Austin <br />P. O. Box 2127 <br />Austin, Texas 78768 <br />Attention: Corporate Trust Department <br /> <br />Section 6.04. Effect of Headings. The Article and Section headings herein <br />are for convenience only and shall not affect the construction hereof. <br /> <br />Section 6.05. Successors and Assigns. All covenants and agreements herein <br />by the Issuer shall bind its successors and assigns, whether so expressed or not. <br /> <br />Section 6.06. Separability. In case any provision herein shall be invalid, <br />illegal or unenforceable, the validity, legality and enforceability of the remaining <br />provisions shall not in any way be affected or impaired thereby. <br /> <br />Section 6.07. Benefits of Agreement. Nothing herein, express or imp1ied, <br />shall give to any Person, other than the parties hereto and their successors <br />hereunder, any benefit or any legal or equitable right, remedy or claim hereunder. <br /> <br />Section 6.08. Entire Agreement. This Agreement and the Bond Resolution <br />constitute the entire agreement between the parties hereto relative to the Bank <br />acting as Paying Agent/Registrar and if any conflict exists between this Agreement <br />and the Bond Resolution, the Bond Resolution shall govern. <br /> <br />Section 6.09. Counterparts. This Agreement may be executed in any number <br />of counterparts, each which shall be deemed an original and all of which shall <br />constitute one and the same Agreement. <br /> <br />Section 6.10. Termination. (a) This Agreement will terminate on the date of <br />final payment by the Bank issuing its checks for the final payment of principal and <br />interest of the Obligations. <br /> <br />(b) This Agreement may be earlier terminated upon 60 days written <br />notice by either party. <br /> <br />(c) The provisions of Section 1.02 and of Article Five shall survive, and <br />remain in full force and effect following the termination of this Agreement. <br /> <br />Section 6.11. Governing Law. This Agreement shall be construed in <br />accordance with and governed by the laws of the State of Texas. <br /> <br />2908f <br /> <br />-9- <br />
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