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Ord 1994-059
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Ord 1994-059
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Last modified
6/29/2007 11:24:11 AM
Creation date
6/29/2007 11:24:11 AM
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Template:
City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
1994-59
Date
7/25/1994
Volume Book
116
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<br /> I I. . "ZFAW <br /> Section 6.04. Effect of Heading-s. The Article and Section headings heÅ“in are for convenience <br /> only and shall not affect the construction hereof. <br /> Section 6.05. Successors and Assig-ns. All covenants and agreements herein by the Issuer shall <br /> bind its successors and assigns, whether so expressed or not. <br /> Section 6.06. Separability. In case any provision herein shall be invalid, illegal or unenforceable, <br /> the validity, legality and enforceability of the remaining provisions shall not in any way be affected or <br /> - impaired thereby. <br /> Section 6.07. Benefits of Agreement. Nothing herein, express or implied, shall give to any <br /> Person, other than the parties hereto and their successors hereunder, any benefit or any legal or equitable <br /> right, remedy or claim hereunder. <br /> Section 6.08. Entire Agreement. This Agreement and the Bond Resolution constitute the entire <br /> agreement between the parties hereto relative to the Bank acting as Paying Agent/ Registrar and if any <br /> conflict exists bet'vyeen this Agreement and the Bond Resolution, the Bond Resolution shall govern. <br /> Section 6.09. Counterparts. This Agreement may be executed in any number of counterparts, <br /> each which shall be deemed an original and all of which shall constitute one and the same Agreement. <br /> Section 6.10. Termination, (a) This Agreement will terminate on the date of final payment by <br /> the Bank issuing its checks for the final payment of principal and interest of the Bonds. <br /> . <br /> (b) This Agreement may be earlier terminated upon 60 days written notice by either party, <br /> such termination to be effective upon appointment and qualification of a successor Paying Agent/Registrar. <br /> (c) The provisions of Section 1.02 and of Article Five shall survive, and remain in full force <br /> and effect following the termination of this Agreement. <br /> Section 6.11. Governin!?: Law. This Agreement shall be construed in accordance with and <br /> governed by the laws of the State of Texas. <br /> [Execution Page Follows] <br /> SANMAR\WWSS?4' DOCS',P,"¡U1'.7,-«J 147:HBBF 8 <br />
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