2011-092 Council Resolution - Laserfiche WebLink

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transfers and exchanges of Amended Note entitled to be register exchanged. Note duly endorsed- by the - registered owner thereof or accompanied by a- written instrument of transfer, in form satisfactory to the Registrar, duly executed by the registered owner thereof or by an attorney duly authorized by the registered owner in writing, the Registrar will deliver, in the name of the designated transferee or transferees, one or more new Amended Note of a like aggregate principal amount and maturity, as requested by the transferor. The Registrar may, however, close the books for registration of any transfer after the fifteenth day of the month preceding each interest payment date and until that interest payment date. , transferred o COPY • (b) Transfer of Amended Note. Upon surrender for transfer of the Amende (c) Exchange of Amended Note. Whenever the Amended Note is surrendered by the registered owner for exchange the Registrar will deliver a new Amended Note of a like aggregate principal amount and maturity as requested by the registered owner or the owner's attorney in writing. (d) Cancellation. The Amended Note surrendered upon transfer or exchange will be promptly cancelled by the Registrar and thereafter disposed of as directed by the City. (e) Improper or Unauthorized Transfer. When the Amended Note is presented to the Registrar for transfer, the Registrar may refuse to transfer the same until it is satisfied that the endorsement on such Amended Note or separate instrument of transfer is valid and genuine and that the requested transfer is legally authorized. The Registrar will incur no liability for the refusal, in good faith, to make transfers which it, in its judgment, deems improper or unauthorized. (f) Persons Deemed Owners. The City and the Registrar may treat the person in whose name any Amended Note is at any time registered in the Amended Note register as the absolute owner of such Amended Note, whether such Amended Note will be overdue or not, for the purpose of receiving payment of, or on account of, the principal of and interest on such Amended Note and for all other purposes, and all such payments so made to any such registered owner or upon the owner's order will be valid and effectual to satisfy and discharge the liability upon the Amended Note to the extent of the sum or sums so paid. (g) Taxes, Fees and Charges. The Registrar may impose a charge upon the owner thereof for every transfer or exchange of the Amended Note sufficient to reimburse the Registrar for any tax, fee or other governmental charge required to be paid with respect to such transfer or exchange. (h) Mutilated, Lost, Stolen or Destroyed Amended Notes. In case the Amended Note becomes mutilated or is destroyed, stolen or lost, the Registrar will deliver a new Amended Note of like amount, number, maturity date and tenor in 383077v3 SJB LN140 -103 4