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2015-094
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Last modified
2/6/2018 10:47:13 AM
Creation date
8/28/2015 3:47:19 PM
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Resolutions
Resolution Number
2015-094
Approved Date
08/18/2015
Agenda Item Number
12.E.1.
Resolution Type
Utilities
Entity Name
Hancock Bank
Whitney Bank
Subject
Water and Sewer Revenue Refunding Bonds Series 2015 and 2005
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the covenants contained therein, are and shall remain in full force and effect and applicable to the <br />Series 2015 Note. <br />SECTION 15. SEVERABILITY AND INVALID PROVISIONS. If any one or more of <br />the covenants, agreements or provisions herein contained shall be held contrary to any express <br />provision of law or contrary to the policy of express law, even though not expressly prohibited, or <br />against public policy, or shall for any reason whatsoever be held invalid, then such covenants, <br />agreements or provisions shall be null and void and shall be deemed separable from the remaining <br />covenants, agreements or provisions and shall in no way affect the validity of any of the other <br />covenants, agreements or provisions hereof or the Series 2015 Note issued hereunder. <br />SECTION 16. EFFECTIVE DATE. This Supplemental Resolution shall become effective <br />immediately upon its adoption. <br />7 <br />
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