1983-102 - Laserfiche WebLink

Home Browse Search

Section 2.7 Execution of Bonds. All the Bonds shall be eJCecuted on behalf of the Issuer by, oc be.?ar the facsimile signa- ture of, the Chairman of the Board of County Commissioners of the Issuer, and be attested and countersigned by the siguature of the Clerk of such Board (which may be in facsimile), and its official seal {which may be in facsimile) shall be thereunto affixetl (or imprinted or engraved if facsimile); provided, however, that at least one of such signatures shall be 'Tianually subscribed. '1'he Bonds may also be validated in the manner provided for by State law. The validation certificate, if any, appearing on the Bonds shall be executed with the facsimile _,ignature of such Chair:nan. If any of the officers who shall have signed or sealed any of the Bonds or whose facsimile signature shall be upon the Bonds shall cease to hold such office of the lssuer before the Bonds so signed and sealed shall have been actually authenticated by the Trustee or delivered by the Issuer, such Bonds neverthe- less may be authenticated, issued and delivered with the same force and effect as though the person or persons who signed or sealed such Oonds or whose facsimile signature shall be upon the Bonds nad not ceased to be such officer or officers of the Issuer; an<l also any such Oond may be signed and sealed on behalf of the Issuer by those persons who, at the actual rlate of the execution of such aond, shall be the proper officers of the Issuer, although on the date of such Oond, any such person shall not have been such officer of the Issuer. Section 2,8 Exchange of Oonds. The Oont.ls, upon surrender thereof at the Corporate Trust Office with a written instrument of transfer or exchange in form satisfactory to the Dond Re3istrar, duly executed by the reJistered owner or his attorney duly authorized in writing, may, ~t the option of the registered owner thereof, and upon pay~ent by such registered owner of a sum sufficient to cover any governmental taJC or charge required to be paid as provided in Section 2,12 of this Indenture, be exchanged for an equal aggregate principal amount of registered Oonds of any other authorized denominations and registere<l in the name of the same registered owner. The cost of printing, lithogra phing and engraving of Bonds shall be uee1ned to be an Administration Expense and there shall be no charge therefor to any Bondholder. Section 2,9 Transfer. The transfer of Oonds shall be registered on the □and Register, whic~ shall be kept for this purpose at the Corporate Trust Office, upon surrender of the Bonds by the registere,l owner in person or by his attorn.:!y ,iuly authorized in writing together with a written instrument of -28-