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Ord 1992-086
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Ord 1992-086
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Last modified
7/12/2007 2:37:20 PM
Creation date
7/12/2007 2:37:19 PM
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Template:
City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
1992-86
Date
11/23/1992
Volume Book
108
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<br /> }L{2AY <br /> Section 6.04. Effect of Headinqs. <br /> The Article and Section headings herein are for convenience <br /> only and shall not affect the construction hereof. <br /> Section 6.05. Successors and Assiqns. <br /> All covenants and agreements herein by the Issuer shall bind <br /> its successors and assigns, whether so expressed or not. <br /> Section 6.06. Separability. <br /> In case any provision herein shall be invalid, illegal or <br /> unenforceable, the validity, legality and enforceability of the <br /> remaining provisions shall not ~n any way be affected or impaired <br /> thereby. <br /> Section 6.07. Benefits of Aqreement. <br /> Nothing herein, express or implied, shall give to any Person, <br /> other than the parties hereto and their successors hereunder, any <br /> benefit or any legal or equitable right, remedy or claim hereunder. <br /> Section 6.08. Entire Aqreement. <br /> ~ <br /> This Agreement and the Bond Resolution constitute the entire <br /> agreement between the parties hereto relative to Ameritrust acting <br /> as Paying Agent/Registrar and if any conflict exists between this <br /> Agreement and the Bond Resolution, the Bond Resolution shall govern. <br /> Section 6.09. Counterparts. <br /> This Agreement may be executed in any numbe r of counterparts, <br /> 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. <br /> (a) This Agreement will terminate on the date of final <br /> payment by Ameritrust issuing its checks for the final payment of <br /> principal and interest of the Obligations. <br /> (b) This Agreement may be earlier terminated upon 60 days <br /> written notice by either party, provided that no resignation by <br /> Ameritrust shall be effective until a successor has accepted the <br /> duties imposed by this Agreement. <br /> (c) The provisions of Section 1. 02 and of Article Five <br /> shall survive and remain in full force and effect following the <br /> termination of this Agreement. <br /> 4418f <br /> -11- <br />
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