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1995-083
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1995-083
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Last modified
8/22/2018 12:16:53 PM
Creation date
8/22/2018 12:10:55 PM
Metadata
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Resolutions
Resolution Number
1995-083
Approved Date
07/11/1995
Resolution Type
General Obligation Bonds
Entity Name
Indian River County
Subject
$15,000,000 Bond sale
Document Relationships
1995-063
(Agenda)
Path:
\Resolutions\1990'S\1995
1995-075
(Agenda)
Path:
\Resolutions\1990'S\1995
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EXHIBIT H <br />INTERESTED PARTIES <br />In addition to the provisions listed above, AMBAC also requires the following provision be <br />incorporated into the Financing Document: <br />A. AMBAC As Third Party Beneficiary. <br />To the extent that this [Financing Document] confers upon or gives or grants to AMBAC <br />any right, remedy or claim under or by reason of this [Financing Document], AMBAC is <br />hereby explicitly recognized as being a third -party beneficiary hereunder and may <br />enforce any such right remedy or claim conferred, given or granted hereunder. <br />B. Parties Interestad Herein. <br />Nothing in this [Financing Document] expressed or implied is intended or shall be <br />construed to confer upon, or to give or grant to, any person or entity, other than the <br />Issuer, the Trustee, AMBAC Indemnity, the Paying Agent, if any, and the registered <br />owners of the Bonds, any right, remedy or claim under or by reason of this [Financing <br />Document] or any covenant, condition or stipulation hereof, and all covenants, <br />stipulations, promises and agreements in this [Financing Document] contained by and <br />on behalf of the Issuer shall be for the sole and exclusive benefit of the Issuer, the. <br />Trustee, AMBAC Indemnity, the Paying Agent, if any, and the registered owners of the <br />Bonds. <br />
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