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AG 2006 08 21
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AG 2006 08 21
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Last modified
8/24/2006 1:40:13 PM
Creation date
11/27/2017 11:33:43 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
8/21/2006
Board
Board of Commissioners
Meeting Type
Regular
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<br />certified or registered mail or by such other method as the County may determine to be necessary <br /> <br />or advisable with the concurrence of the Securities Depository. In addition, so long as a <br /> <br />book -entry system is used for determining beneficial ownership of Bonds, if less than all of the <br /> <br />Bonds of anyone maturity shall be called for redemption, the Securities Depository shall <br /> <br />determine by lot the amount of interest of each direct participant of the Securities Depository in <br /> <br />the Bonds within such maturity to be redeemed. <br /> <br />In certain events, the County may replace the Securities Depository at the time with <br /> <br />another qualified securities depository. In certain events, the County may discontinue the book- <br /> <br />entry system and deliver replacement Bonds in the form of fully registered certificates in the <br /> <br />denomination of $5,000 or any whole multiple thereof in exchange for the outstanding Bonds as <br /> <br />provided in the Resolution. <br /> <br />At the office of the Bond Registrar, in the manner and subject to the conditions provided <br /> <br />in the Resolution, Bonds may be exchanged for an equal aggregate principal amount of Bonds of <br /> <br />the same maturity, of authorized denominations and bearing interest at the same rate. <br /> <br />The Bond Registrar shall keep at its office the books of the County for the registration of <br /> <br />transfer of Bonds. The transfer of this Bond may be registered only upon such books and as <br /> <br />otherwise provided in the Resolution upon the surrender hereof to the Bond Registrar together <br /> <br />with an assignment duly executed by the registered owner hereof or his attorney or legal <br /> <br />representative in such form as shall be satisfactory to the Bond Registrar. Upon any such <br /> <br />registration of transfer, the Bond Registrar shall authenticate and deliver in exchange for this <br /> <br />Bond a new Bond or Bonds, registered in the name of the transferee, of authorized <br /> <br />denominations, in an aggregate principal amount equal to the unredeemed principal amount of <br /> <br />this Bond, of the same maturity and bearing interest at the same rate. <br /> <br />I3 <br /> <br />F--5 <br />
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