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Res 1995-030
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Res 1995-030
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6/18/2007 4:10:48 PM
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6/18/2007 4:10:48 PM
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City Clerk
City Clerk - Document
Resolutions
Number
1995-30
Date
2/13/1995
Volume Book
117
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<br /> r '¥If II <br /> ARTICLE FOUR <br /> REGISTRAR <br /> Section 4.01. Transfer and Exchan~e. (a) The Issuer shall keep the Register at the Bank Office, <br /> I I and subject to such reasonable written regulations as the Issuer may prescribe, which regulations shall be <br /> I furnished the Bank herewith or subsequent hereto by Issuer Order, the Issuer shall provide for the <br /> registration and transfer of the Certificates, The Bank is hereby appointed "Registrar" for the purpose <br /> of registering and transferring the Certificates as herein provided. The Bank agrees to maintain the <br /> Register while it is Registrar. <br /> (b) The Registrar hereby agrees that at any time while any Certificate is outstanding, the <br /> Owner may deliver such Certificate to the Registrar for transfer or exchange, accompanied by instructions <br /> from the Owner, or the duly authorized designee of the Owner, designating the persons, the maturities, <br /> and the principal amounts to and in which such èertificate is to be transferred and the addresses of such <br /> persons; the Registrar shall thereupon, within not more than three (3) business days, register and deliver <br /> such Certificate or Certificates as provided in such instructions. The provisions of the Certificate <br /> Resolution shall control the procedures for transfer or exchange set forth herein to the extent such <br /> procedures are in conflict with the provisions of the Certificate Resolution. <br /> (c) Every Certificate surrendered for transfer or exchange shall be duly endorsed or be <br /> accompanied by a written instrument of transfer, the signature on which has been guaranteed in form <br /> satisfactory to the Bank, duly executed by the Owner thereof or his attorney duly authorized in writing, <br /> (d) The Registrar may request any supporting documentation it feeìs necessary to effect a <br /> reregistration. <br /> Section 4.02. The Certificates, The Issuer shall provide an adequate inventory of unregistered <br /> Certificates to facilitate transfers. The Bank covenants that it will maintain the unregistered Certificates <br /> in safekeeping and will use reasonable care in maintaining such unregistered Certificates in safekeeping, <br /> which shall be not less than the care it maintains for debt securities of other governments or corporations <br /> for which it serves as registrar, or which it maintains for its own securities. <br /> Section 4.03. Form of Re!!ister. (a) The Bank as Registrar will maintain the records of the <br /> Register in accordance with the Bank's general practices and procedures in effect from time to time. The <br /> Bank shall not be obligated to maintain such Register in any form other than a form which the Bank has <br /> currently available and currently utilizes at the time. <br /> (b) The Register may be maintained in written form or in any other form capable of being <br /> converted into written form within a reasonable time. <br /> Section 4,04, List of Owners, (a) The Bank wiU provide the Issuer at any time requested by <br /> the Issuer, upon payment of the cost, if any, of reproduction, a copy of the information contained in the <br /> Register. The Issuer may also inspect the information in the Register at any time the Bank is customarily <br /> open for business, provided that reasonable time is allowed the Bank to provide an up-to-date listing or <br /> to convert the information into written form. <br /> SA.'IMAJl\COO<\DOCS\SUCCSR. P AJl: II.PI' 4 <br />
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