Execution of Bonds. The Bonds shall be signed in the name and on behalf of the County with the manual or facsimile signature of its Chair and attested by the manual or facsimile signature of its County Clerk, under seal of the County Clerk. Such seal may be in the form of a facsimile of the County Clerk's seal and may be imprinted or impressed upon the Bonds. The Bonds shall then be delivered to the Registrar or the Tender Agent for authentication by the Registrar or the Tender Agent, as the case may be; provided that upon initial issuance the Bonds shall be authenticated by the Registrar. In case any officer who shall have signed any of the Bonds shall cease to be such officer before the Bonds so signed or attested shall have been authenticated or delivered by the Registrar or the Tender Agent or issued by the County, such Bonds may nevertheless be authenticated, delivered and issued and, upon such authentication, delivery and issuance, shall be as binding upon the County as though those who signed and attested the same had continued to be such officers of the County. Also, any Bond may be signed on behalf of the County by such persons as on the actual date of the execution of such Bond shall be the proper officers although on the nominal date of such Bond any such person shall not have been such officer. Only such of the Bonds as shall bear thereon a certificate of authentication in the form recited in Exhibit A hereto, manually executed by the Registrar or the Tender Agent, shall be valid or obligatory for any purpose or entitled to the benefits of this Indenture, and such certificate of the Registrar or the Tender Agent, as the case may be, shall be conclusive evidence that the Bonds so authenticated have been duly authenticated and delivered hereunder and are entitled to the benefits of this Indenture. Upon authentication of any Bond, the Registrar or the Tender Agent, as the case may be, shall set forth on such Bond the date of such authentication.
Appears in 1 contract
Sources: Indenture of Trust (Laidlaw Environmental Services Inc)
Execution of Bonds. The Bonds shall be signed in the name and on behalf of the County Issuer with the manual or facsimile signature of its Chair Mayor and attested by the manual or facsimile signature of its County the City Clerk, under seal of the County Clerk. Such seal may be in the form of a facsimile of the County Clerk's seal and may be imprinted or impressed upon the Bonds. The Bonds shall then be delivered to the Registrar or the Tender Agent for authentication by the Registrar or the Tender Agent, as the case may be; provided that upon initial issuance the Bonds shall be authenticated by the Registrarit. In case any officer who shall have signed any of the Bonds shall cease to be such officer before the Bonds so signed or attested shall have been authenticated or delivered by the Registrar or the Tender Agent or issued by the CountyIssuer, such Bonds may nevertheless be authenticated, delivered and issued and, upon such authentication, delivery and issuance, shall be as binding upon the County Issuer as though those who signed and attested the same had continued to be such officers of the CountyIssuer. Also, any Bond may be signed on behalf of the County Issuer by such persons as on the actual date of the execution of such Bond shall be the proper officers although on the nominal date of such Bond any such person shall not have been such officer. Only such of the Bonds as shall bear thereon a certificate of authentication in the form recited set forth in Exhibit A hereto, manually executed by the Registrar or the Tender AgentRegistrar, shall be valid or obligatory for any purpose or entitled to the benefits of this Indenture, and such certificate of the Registrar or the Tender Agent, as the case may be, shall be conclusive evidence that the Bonds so authenticated have been duly authenticated and delivered hereunder and are entitled to the benefits of this Indenture. Upon authentication of any Bond, the Registrar or the Tender Agent, as the case may be, shall set forth on such Bond (1) the date of such authenticationauthentication and (2) in the case of a Bond bearing interest at a Flexible Interest Rate -25- Forsyth Series 1998A Trust Indenture and not registered in the book-entry system pursuant to Section 2.10 hereof, such Flexible Interest Rate, the day next succeeding the last day of the applicable Flexible Segment, the number of days comprising such Flexible Segment and the amount of interest to accrue during such Flexible Segment.
Appears in 1 contract
Sources: First Supplemental Trust Indenture (Enron Corp/Or/)
Execution of Bonds. The Bonds shall be signed in the name and executed on behalf of the County Issuer with the manual or facsimile signature of its Chair President, and attested by with the manual or facsimile signature of its County Clerk, under seal of the County Clerk. Such seal may be in the form of a facsimile of the County Clerk's seal and may be imprinted Secretary or impressed upon the BondsAssistant Secretary. The Bonds shall then be delivered to the Registrar or the Tender Agent Trustee for authentication by the Registrar or the Tender Agent, as the case may be; provided that upon initial issuance the Bonds shall be authenticated by the Registrarit. In case any officer who shall have signed any of the Bonds shall cease to be such officer before the Bonds so signed or attested shall have been authenticated or delivered by to the Registrar or the Tender Agent Trustee or issued by the CountyIssuer, such Bonds may nevertheless be authenticated, delivered and issued and, upon such authentication, delivery and issuance, shall be as binding upon the County Issuer as though those who signed and attested the same had continued to be such officers of the CountyIssuer. Also, any Bond may be signed on behalf of the County Issuer by such persons as on the actual date of the execution of such Bond shall be the proper officers although on the nominal date of such Bond any such person shall not have been such officer. Only such of the Bonds as shall bear thereon a certificate of authentication in the form recited in Exhibit A hereto, manually executed by the Registrar or the Tender AgentTrustee, shall be valid or obligatory for any purpose or entitled to the benefits of this Indenture, and such certificate of the Registrar or the Tender Agent, as the case may be, Trustee shall be conclusive evidence that the Bonds so authenticated have been duly authenticated and delivered hereunder and are entitled to the benefits of this Indenture. Upon authentication Any Bond may, in accordance with the terms of this Indenture, be transferred, upon the books of the Trustee required to be kept pursuant to the provisions of Section 2.5 hereof, by the person in whose name it is registered, in person or by his duly authorized attorney, upon surrender of such ▇▇▇▇ for cancellation, accompanied by a written instrument of transfer in a form approved by the Trustee, duly executed. The Trustee shall require the payment by the Bondholder requesting such transfer of any Bondtax or other governmental charge required to be paid with respect to such transfer, and there shall be no other charge to any Bondholders for any such transfer. Whenever any Bond shall be surrendered for transfer, the Registrar Issuer shall execute and the Trustee shall authenticate and deliver a new Bond or Bonds of the Tender Agentsame series and maturity and of Authorized Denominations. Except with respect to Bonds delivered for purchase pursuant to Section 4.1(b)(iii) hereof, as the case may beTrustee shall not be required to transfer or exchange any Bond after the giving of Notice by Mail that such ▇▇▇▇ has been called for redemption. No transfers of Bonds shall be required to be made during the period five (5) Business Days preceding the giving of any notice of redemption, shall set forth on such Bond the date of such authenticationexcept with respect to Bonds delivered pursuant to Section 4.1(b)(iii) hereof.
Appears in 1 contract
Sources: Indenture of Trust (Enron Corp/Or/)
Execution of Bonds. The Bonds shall be signed in the name and executed on behalf of the County with the manual Issuer by its Chairman or facsimile signature of Vice-Chairman under its Chair corporate seal impressed or otherwise reproduced thereon and attested by the manual or facsimile its Secretary. The signature of its County Clerk, under seal any of these officers of the County Clerk. Such seal Issuer on the Bonds may be in the form of a facsimile of the County Clerk's seal and may be imprinted or impressed upon the Bonds. The Bonds shall then be delivered manual or, to the Registrar or the Tender Agent for authentication extent permitted by the Registrar or the Tender Agentlaw, as the case may be; provided that upon initial issuance the Bonds shall be authenticated by the Registrarfacsimile. In case any officer who of the Issuer whose signature shall have signed any of appear on the Bonds shall cease to be such officer before the Bonds so signed or attested shall have been authenticated or delivered by the Registrar or the Tender Agent or issued by the Countydelivery of such Bonds, such Bonds may signature shall nevertheless be authenticatedvalid and sufficient for all purposes, delivered and issued and, upon such authentication, delivery and issuance, shall be as binding upon the County as though those who signed and attested the same as if he had continued to be such officers remained in office until delivery. Section 204. Authentication of the County. Also, any Bond may be signed on behalf of the County by such persons as on the actual date of the execution of such Bond shall be the proper officers although on the nominal date of such Bond any such person shall not have been such officerBonds. Only such of the Bonds as shall bear have endorsed thereon a certificate of authentication substantially in the form recited in set forth as part of Exhibit A hereto, manually duly executed by the Registrar Trustee or the Tender by any Authenticating Agent, shall be entitled to any right or benefit under this Indenture. No Bond shall be valid or obligatory for any purpose unless and until such certificate of authentication shall have been duly executed by the Trustee or entitled to the benefits of this Indentureby any Authenticating Agent, and such executed certificate of the Registrar or the Tender Agent, as the case may be, upon any such Bond shall be conclusive evidence that the Bonds so such Bond has been authenticated and delivered under this Indenture. The certificate of authentication on any Bond shall be deemed to have been duly authenticated executed if signed by an officer of the Trustee or any Authenticating Agent, but it shall not be necessary that the same officer sign the certificate of authentication on all of the Bonds issued under this Indenture. Section 205. Payment and delivered hereunder and are entitled Ownership of Bonds. Debt Service on the Bonds shall be payable in lawful money of the United States of America without deduction for the services of the Trustee or any Paying Agent. Subject to the benefits provisions of Section 214 of this Indenture. Upon authentication , (a) the principal of and any premium on any Bond shall be payable when due to a Holder upon presentation and surrender of such Bond at the Trustee’s Office or at the office, designated by the Trustee, of any Bondother Paying Agent, and (b) interest on any Bond shall be paid on each Interest Payment Date by check or draft which the Trustee shall cause to be sent on that date to the Person in whose name the Bond (or one or more Predecessor Bonds) is registered, at the close of business on the Record Date applicable to that Interest Payment Date, on the Register at the address appearing therein. If and to the extent, however, that the Issuer shall fail to make payment or provision for payment of interest on any Bond on any Interest Payment Date, whenever moneys become available for payment of that overdue interest and any subsequently accruing interest, (i) the Trustee shall, pursuant to Section 604 hereof, establish a Special Record Date for the payment of that interest which shall be not more than 15 nor fewer than ten days prior to the date of the proposed payment, and (ii) the Trustee shall cause notice of the proposed payment and of the Special Record Date to be mailed by first class mail, postage prepaid, to each Holder at its address as it appears on the Register not fewer than ten days prior to the Special Record Date and, thereafter, the interest shall be payable to the Persons who are the Holders of the Bonds (or their respective Predecessor Bonds) at the close of business on the Special Record Date. The Holder of any Bond shall be deemed and regarded as the absolute owner thereof for all purposes of this Indenture; payment of or on account of the Debt Service on any Bond shall be made only to or upon the order of that Holder or its duly authorized attorney in the manner permitted by this Indenture; and neither the Issuer, the Trustee, the Registrar nor any Paying Agent or Authenticating Agent shall, to the Tender Agentextent permitted by law, as be affected by notice to the case may becontrary. All of those payments shall be valid and effective to satisfy and discharge the liability upon that Bond, shall set forth on such Bond including without limitation, the date interest thereon, to the extent of such authenticationthe amount or amounts so paid.
Appears in 1 contract
Execution of Bonds. The Bonds shall be signed in the name and executed on behalf of the County with Successor Agency by the manual or facsimile signature of its Chair Executive Director and attested by the manual or facsimile signature of its County Clerk, under seal Secretary who are in office on the date of the County Clerkexecution and delivery of this Indenture or at any time thereafter. Such seal Either or both of such signatures may be in the form of a facsimile of the County Clerk's seal and made manually or may be imprinted or impressed upon the Bondsaffixed by facsimile thereof. The Bonds shall then be delivered to the Registrar or the Tender Agent for authentication by the Registrar or the Tender Agent, as the case may be; provided that upon initial issuance the Bonds shall be authenticated by the Registrar. In case If any officer who shall have signed whose signature appears on any of the Bonds shall cease Bond ceases to be such officer before delivery of the Bonds so signed or attested shall have been authenticated or delivered by to the Registrar or the Tender Agent or issued by the Countypurchaser, such Bonds may signature shall nevertheless be authenticated, delivered and issued and, upon such authentication, as effective as if the officer had remained in office until the delivery and issuance, shall be as binding upon the County as though those who signed and attested the same had continued to be such officers of the CountyBonds to the purchaser. Also, any Any Bond may be signed and attested on behalf of the County Successor Agency by such persons as on at the actual date of the execution of such Bond shall be the proper officers of the Successor Agency although on the nominal date of such Bond any such person shall not have been such officerofficer of the Successor Agency. Only such of the Bonds as shall bear thereon a certificate of authentication in the form recited set forth in Exhibit A hereto, manually executed and dated by and in the name of the Trustee by the Registrar or the Tender AgentTrustee, shall be valid or obligatory for any purpose or entitled to the benefits of this Indenture, and such certificate of the Registrar or the Tender Agent, as the case may be, Trustee shall be conclusive evidence that the such Bonds so authenticated have been duly authenticated and delivered hereunder and are entitled to the benefits of this Indenture. Upon authentication of any BondIn the event temporary Bonds are issued pursuant to Section 2.9 hereof, the Registrar or temporary Bonds shall bear thereon a certificate of authentication manually executed and dated by the Tender Agent, as the case may beTrustee, shall set forth on such Bond be initially registered by the date of such authenticationTrustee, and, until so exchanged as provided under Section 2.9 hereof, the temporary Bonds shall be entitled to the same benefits pursuant to this Indenture as definitive Bonds authenticated and delivered hereunder.
Appears in 1 contract
Sources: Indenture
Execution of Bonds. The Bonds shall be signed in the name and executed on behalf of the County with Successor Agency by the manual or facsimile signature of its Chair Executive Director and attested by the manual or facsimile signature of its County Clerk, under seal Secretary who are in office on the date of the County Clerkexecution and delivery of this Indenture or at any time thereafter. Such seal Either or both of such signatures may be in the form of a facsimile of the County Clerk's seal and made manually or may be imprinted or impressed upon the Bondsaffixed by facsimile thereof. The Bonds shall then be delivered to the Registrar or the Tender Agent for authentication by the Registrar or the Tender Agent, as the case may be; provided that upon initial issuance the Bonds shall be authenticated by the Registrar. In case If any officer who shall have signed whose signature appears on any of the Bonds shall cease Bond ceases to be such officer before delivery of the Bonds so signed or attested shall have been authenticated or delivered by to the Registrar or the Tender Agent or issued by the Countypurchaser, such Bonds may signature shall nevertheless be authenticated, delivered and issued and, upon such authentication, as effective as if the officer had remained in office until the delivery and issuance, shall be as binding upon the County as though those who signed and attested the same had continued to be such officers of the CountyBonds to the purchaser. Also, any Any Bond may be signed and attested on behalf of the County Successor Agency by such persons as on at the actual date of the execution of such Bond shall be the proper officers of the Successor Agency although on the nominal date of such Bond any such person shall not have been such officerofficer of the Successor Agency. Only such of the Bonds as shall bear thereon a certificate Certificate of authentication Authentication in the form recited in Exhibit A heretohereinbefore set forth, manually executed and dated by the Registrar or the Tender AgentTrustee, shall be valid or obligatory for any purpose or entitled to the benefits of this Indenture, and such certificate of the Registrar or the Tender Agent, as the case may be, Certificate shall be conclusive evidence that the such Bonds so authenticated have been duly authenticated and delivered hereunder and are entitled to the benefits of this Indenture. Upon authentication of any BondIn the event temporary Bonds are issued pursuant to Section 2.09 hereof, the Registrar or temporary Bonds may bear thereon a Certificate of Authentication executed and dated by the Tender AgentTrustee, may be initially registered by the Trustee, and, until so exchanged as provided under Section 2.09 hereof, the case may be, temporary Bonds shall set forth on such Bond be entitled to the date of such authenticationsame benefits pursuant to this Indenture as definitive Bonds authenticated and delivered hereunder.
Appears in 1 contract
Sources: Indenture of Trust