Laserfiche WebLink
I <br />or (D) the consent given or other action taken by the <br />Depository as the Register Holder, of..any Bonds (the <br />For purposes of securing.the vote or consent of <br />-.. _.--: air , Holder under this Resolution, the City may, however, <br />-;.rely upon an omnibus proxy under- which.::.the Depository <br />....assigns its consenting or votiarights to certain <br />-;,-,Participants to whose accounts. t -he -Bonds are credited on the <br />- ;.... r-Moi-d_:date identified in a. lis-tiug... attached to the omnibus <br />proxy. <br />The City -and the- aGnd --.Registrar- may treat as <br />-..an&- deem. the Depository to be the. -absolute owner of the <br />---.Bonds for the purpose of- payment .of the principal of . and <br />premium., if any, and interest on the Bonds, for the purpose <br />of giving notices of redemption and other matters with <br />_.. _. respect to the Bonds, for the purpose of obtaining any <br />'consent or other action to be taken by Holders for the <br />_-_.1jurpose of registering transfers with respect to such Bonds, <br />anck-for all purpose whatsoever: ----,The-. Bond.. Registrar, as <br />paying agent hereunder, shall pay afi1 principal -of and <br />premium, if any, and interest on the -Bonds only to or upon <br />the -Holder of the Holders of the. -Bonds as shown on the bond <br />register, and all such payments shall be valid and effective <br />to fully satisfy and discharge the City's obligations with <br />:..respect to the principal of and premium, if any, and <br />Interest on the Bonds to the extent of the sum or sums so <br />paid. <br />v) Upon delivery by the Depository to the Bond <br />Registrar of written notice to the effect that the <br />Depository -has determined to substitute a new Nominee in <br />place of the existing Nominee, and subject to the transfer <br />..provisions in paragraph 10 hereof, references to the Nominee <br />hereunder shall refer to such new Nominee. <br />vi) So long as any Bond is registered in the name <br />-.of-.a Nominee, all payments with respect to the principal of <br />and premium, if any, and interest on such Bond and all <br />notices with respect to such Bond shall be made and given, <br />-respectively, by the Bond Registrar or City, as the case may <br />be, to the Depository as provided in the Letter of <br />.Representations to the Depository required by the Depository <br />.as a -..condition to its acting as book -entry Depository for <br />the Bonds (said Letter of Representations, together with any <br />...-replacement thereof or amendment or substitute thereto, <br />including any standard procedures or policies referenced <br />therein or applicable thereto respecting the procedures and <br />other matters relating to the Depository's role as <br />913727.01 5 <br />