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Res 1983-033
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Res 1983-033
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9/10/2007 11:11:05 AM
Creation date
9/10/2007 11:11:05 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
1983-33
Date
6/13/1983
Volume Book
62
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<br /> Original Bonds, or the portions of fully registered Original Bonds <br /> called for redemption, shall be paid at the redemption price <br /> aforesaid, except that interest called for by coupons, if any, <br /> which shall mature on or before said redemption date shall be paid <br /> only upon presentation and surrender of such coupons. <br /> "The Trustee shall give the notice of redemption provided in <br /> this Section even though, as of the date of giving of such notice, <br /> sufficient amounts for such redemption are not in the Debt Service <br /> Fund. However, prior to or on any redemption date, the User shall <br /> deposit with the Trustee an amount of money sufficient, together <br /> with any other amounts in the Debt Service Fund and available for <br /> the purpose, to pay the redemption price of all the Original Bonds <br /> which are to be redeemed on that date. " <br /> ARTICLE II <br /> Concerning the Trustee <br /> Section 2.01. The Trustee, for itself and its successor, accepts <br /> the trusts of this Supplemental Indenture and agrees to execute them, <br /> but only upon the following additional terms and conditions, to which <br /> the Corporation, the User and the holders of all of the Bonds agree, to <br /> wit: <br /> (a) The Trustee shall be under no obligation to see to the <br /> recording, registry or filing of this Supplemental Indenture, or to <br /> the re-recording, re-registering or re-filing thereof, but the <br /> Corporation covenants that it will promptly cause this Supplemental <br /> Original Indenture to be duly recorded and will do all other things <br /> requisite to preserve, protect and continue the lien of said <br /> Indenture as amended and supplemented by this Supplemental <br /> Indenture. <br /> (b) The recitals of facts contained in this Supplemental <br /> Indenture shall be taken as made by the Corporation and the User <br /> and shall not be construed as made by or imposing any obligation or <br /> liability upon the Trustee. <br /> (c) All the terms and provisions of the Indenture defining <br /> and limiting the liability and responsibility of the Trustee in the <br /> discharge of the trusts thereof, shall, in I ike manner, define and <br /> limit its liability and responsibility in the performance of the <br /> trusts under this Supplemental Indenture as if expressly stated in <br /> this instrument. <br /> -5- <br />
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