Ord 1991-020 - Laserfiche WebLink

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with the Issuer with the same rights it would have if it were not the Paying Agent/Registrar, or any other agent. Section 5.05. Monev Held bv AMERITRUST. (a) Money held by AMERITRUST hereunder need not be segregated from any other funds provided appropriate accounts are maintained. (b) AMERITRUST shall be under no liability for interest on any money received by it hereunder. (c) Subject to any applicable escheat, abandoned property or similar law, any money deposited with AMERITRUST for the payment of the principal, premium, if any, or interest on any Obligation and remaining unclaimed for two years after final maturity of the Obligation has become due and payable will be paid by AMERITRUST to the Issuer; the Owner of such Obligation shall thereafter look only to the Issuer for payment thereof, and all liability of AMERITRUST with respect to such monies shall thereupon cease. Section 5.06. Indemnification. To the extent permitted by law, the Issuer agrees to indemnify AMERITRUST, its officers, directors, employees and agents for, and hold them harmless against, any loss, liability or expense incurred without negligence or bad faith on their part, arising out of or in connection with its acceptance or administration of AMERITRUST's duties hereunder, including the cost and expense, including its counsel fees, of defending itself against any claim or liability in connection with the exercise or performance of any of its powers or duties under this Agreement. Section 5.07. Interpleader. The Issuer and AMERITRUST agree that AMERITRUST may seek adjudication of any adverse claim, demands or controversy over its persons as well as funds on deposit in either the District Court of Travis County, Texas, or the United States Federal District Court for the Western District of Texas; waive personal service of any process; and agree that service of process by certified or registered mail, return receipt requested, to the address set forth in this Agreement shall constitute adequate service. The Issuer and AMERITRUST further agree that AMERITRUST has the right to file a Bill of Interpleader in any court of competent jurisdiction to determine the rights of any person claiming any interest herein. Section 5.08. Depositorv Services. It is hereby represented and warranted that, in the event the Obligations are otherwise qualified and accepted for Depository 4178f -9-