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32-17 Economic Development Revenue Bonds (Studebaker Project)
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32-17 Economic Development Revenue Bonds (Studebaker Project)
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5/17/2017 1:41:10 PM
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5/17/2017 1:38:17 PM
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City Council - City Clerk
City Counci - Date
5/22/2017
Bill Number
32-17
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be repaid by Paying Agent to the Developer and thereafter Bondholders shall be entitled to look <br /> only to the Developer for payment, and then only to the extent of the amount so repaid, and the <br /> Developer shall not be regarded as a trustee of such money. <br /> Section 6.9. Direction of Bondholders. Whenever any action, direction or consent is <br /> required of the Trustee, the Trustee shall consult with the holders of the Bonds and shall take <br /> such action, give such direction or give such consent as shall be directed in writing by the <br /> Requisite Bondholders. <br /> (End of Article VI) <br /> - 28 - <br /> I\11860514.2 <br />
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