My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
1995-075
CBCC
>
Resolutions
>
1990'S
>
1995
>
1995-075
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/13/2018 2:25:34 PM
Creation date
6/13/2018 2:20:48 PM
Metadata
Fields
Template:
Resolutions
Resolution Number
1995-075
Approved Date
06/20/1995
Resolution Type
Bonds
Entity Name
Indian River County
Subject
General Obligation Bonds $15,000,000
Supplementing Resolution 1995-063
Document Relationships
1995-063
(Agenda)
Path:
\Resolutions\1990'S\1995
1995-083
(Cover Page)
Path:
\Resolutions\1990'S\1995
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
74
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
EXHIBIT E <br />BOOK ENTRY SYSTEM <br />The Bonds shall be initially issued in the form of a separate <br />single certificated fully registered Bond for each of the <br />maturities of such Bonds. Upon initial issuance, the ownership of <br />each such Bond shall be registered in the registration books kept <br />by the Registrar in the name of Cede & Co. ("Cede"), as nominee of <br />The Depository Trust Company (11DTC11). <br />With respect to Bonds registered in the registration books <br />kept by the Registrar in the name of Cede, as nominee of DTC, the <br />Issuer, the Registrar and the Paying Agent shall have no <br />responsibility or obligation to any such Participant or to any <br />indirect participant. Without limiting the immediately preceding <br />sentence, the Issuer, the Registrar and the Paying Agent shall have <br />no responsibility or obligation with respect to (i) the accuracy of <br />the records of DTC. Cede or any Participant with respect to any <br />ownership interest in the Bonds, (ii) the delivery to any <br />Participant or any other person other than a Bondholder, as shown <br />in the registration books kept by the Registrar, of any notice with <br />respect to the Bonds, including any notice of redemption, or (iii) <br />the payment to any Participant or any other person, other than a <br />Bondholder, as shown in the registration books kept by the <br />Registrar, of any amount with respect to principal of, premium, if <br />any, or interest on the Bonds. The Issuer, the Registrar and the <br />Paying Agent may treat and consider the person in whose name each <br />Bond is registered in the registration books kept by the Registrar <br />as the holder and absolute owner of such Bond for the purpose of <br />payment of principal, premium and interest with respect to such <br />Bond, for the purpose of giving notices of redemption and other <br />matters with respect to such Bond, for the purpose of registering <br />transfers with respect to such Bond, and for all other purposes <br />whatsoever. The Paying Agent shall pay all principal of, premium, <br />if any, and interest on the Bonds only to or upon the order of the <br />respective Holders, as shown in the registration books kept by the <br />Registrar, or their respective attorneys duly authorized in <br />writing, as provided herein and all such payments shall be valid <br />and effective to fully satisfy and discharge the Issueres <br />obligations with respect to payment of principal of, premium, if <br />any, and interest on the Bonds to the extent of the sum or sums so <br />paid. No person other than a Holder, as shown in the registration <br />books kept by the Registrar, shall receive a certificated Bond <br />evidencing the obligation of the Issuer to make payments of prin- <br />cipal, premium, if any, and interest pursuant to the provisions <br />hereof. Upon delivery by DTC to the Issuer of written notice to <br />the effect that DTC has determined to substitute a new nominee in <br />place of Cede, and subject to the provisions herein with respect to <br />Record Dates, the word "Cede" in this Resolution shall refer to <br />such new nominee of DTC; and upon receipt of such a notice the <br />
The URL can be used to link to this page
Your browser does not support the video tag.