Continuing Disclosure Obligations. The City agrees and acknowledges that for purposes of the Rule 15c2-12 promulgated by the U.S. Securities and Exchange Commission (as may from time to time be amended, the "Rule"), the City shall be deemed to be an "obligated person," with respect to Obligations subject to the Rule and that it will provide to ATP the information as further agreed in writing between the Chief Financial Officers of the City and ATP within the times required to enable ATP to timely meet its continuing disclosure obligations in accordance with the Rule and its financing documents. Nothing in this section shall require the City to enter into a separate continuing disclosure obligation in connection with public securities issued by ATP unless required by the Rule.
Appears in 2 contracts
Sources: Joint Powers Agreement, Interlocal Cooperation Agreement