Ord 2012-014 - Laserfiche WebLink

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prior to their scheduled maturities, and they shall not bear intest after the date fixed for redemption, and they shall not be regarded as being outstanding except for the right of the Registered Owner to receive the redemption price from the Paying Agent/Registrar outds provided for such payment. If a portion of any Bond shall be redeemed a substitute Bond or Bonds having the same maturity date, bearing interest at the same rate, in any denominnominations in any integral multiple of $5,000, at the written request of the Registered Ownte principal amount equal to the unredeemed portion thereof, will be issued to the Registered Owner upon the surrender thereof for cancellation, at the expense of the Issuerll as provided in the Bond Ordinance. are issuable solely as fully registered Bonds, without ALLBONDSOFTHISSERIES interest coupons, in the denomination of any integral multiple o000 (an "Authorized Denomination"). As provided in the Bond Ordinance, this Bond, or any unredeemed portion hereof, may, at the request of the Registered Owner or the assignee or areof, be assigned, transferred and exchanged for a like aggregate principal amount fully registered Bonds, without interest coupons, payable to the appropriate Registered Owner, ar assignees, as the case may be, having the same denomination or denominations in any integral multiple of $5,000 as requested in writing by the appropriate Registered Owner, assignee or assignees, as the case may be, upon surrender of this Bond to the Paying Agent/Registrar for cancellon, all in accordance with the form and procedures set forth in the Bond Ordinance. Among other requirements for such assignment and transfer, this Bond must be presented and surrendered to the Paying Agent/Registrar, together with proper instruments of assignment, in form and with guarantee of gnatures satisfactory to the Paying Agent/Registrar, evidencing assignment of this Bond or any portins hereof in any integral multiple of $5,000 to the assignee or assignees in whose name ors this Bond or any such portion or portions hereof is or are to be registered. The forment printed or endorsed on this Bond may be executed by the Registered Owner to evidenceignment hereof, but such method is not exclusive, and other instruments of assignment satctory to the Paying Agent/Registrar may be used to evidence the assignment of this Bnd or any portion or portions hereof from time to time by the Registered Owner. The Paying Agent/Registrar's reasonable standard or customary fees and charges for transferring and exchanging an or portion thereof shall be paid by the City, but any taxes or governmental charges required to be paid with respect thereto shall be paid by the one requesting such assignment, transfer or excha a condition precedent to the exercise of such privilege. The Paying Agent/Registrar shall noo make any such transfer or exchange (i) during the period commencing with the close of business on any Record Date and ending with the opening of business on the next following principal or interest payment date, or, (ii) with respect to any Bond or any portion thereof called for emption prior to maturity, within 45 days prior to its redemption date; provided, however, such litation of transfer shall not be applicable to an exchange by the Registered Owner of an unredeemed balance of a Bond called for redemption in part. the beneficial ownership of this Bond is determined by a book entry at a WHENEVER securities depository for the Bonds, the foregoing requirements of holding, delivering or transferring this Bond shall be modified to require the appropriate person ority to meet the requirements of the securities depository as to registering or transferring the book entry to produce the same effect. 14 San Marcos GORB 2012 - Delegated: Ordinance