1998-10-19 Resolution 130 - Laserfiche WebLink

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A + ~ 1 • States Post Office letter box, addressed (until another address is filed in writing by the Authority with the Trustee for that purpose) as follows: South Bend Redevelopment Authority 1200 County-City Building 227 West Jefferson Blvd. South Bend, Indiana 46601 Any notice or demand which by any provision of this Agreement is required or permitted to be given or served by the Authority on the Trustee shall be deemed to have been sufficiently given or served for all purposes, by being deposited, postage prepaid, in a United States Post Office letter box, addressed (until another address is filed in writing by the Trustee with the Authority for that purpose) as follows: Norwest Bank Indiana, N.A. 111 East Wayne Fort Wayne,lN 46801-6642 Attention: Melvin Bredemeier Section 11.03. In any case where the date of maturity of interest on or principal of the Bonds or the date fixed for redemption of any Bonds shall be in the city of payment a Saturday, Sunday or a legal holiday or a day on which banking institutions are authorized by law to close, then payment of interest or principal may be made on the succeeding business day with the same force and effect as if made on the date of maturity on the date fixed for redemption. Section 11.04. This Agreement may be simultaneously executed in several counterparts, each of which shall be an original, and all of which shall constitute but one and the same instrument. Section 11.05. With the exception of rights herein expressly conferred, nothing expressed or mentioned in or to .be implied from this Agreement or the Bonds is intended or shall be construed to give to any person or company other than the parties hereto and the Bondholders, any legal or equitable right, remedy or claim under or in respect to this Agreement, or any covenants, conditions and provisions herein contained; this Agreement and all of the covenants, conditions and provisions hereof being intended to be and being for the sole and exclusive benefit of the parties hereto and the owners of the Bonds as herein provided. Section 11.06. If any provisions of this Agreement shall be held or deemed to be or shall, in fact, be illegal, inoperative or unenforceable, the same shall not affect any other provision or provisions herein contained or render the same invalid, inoperative or unenforceable to any extent whatever. Section 11.07. No member, officer or employee of the Authority or of any department or board thereof, shall be individually or personally liable for the payment of the ::ODMA~PCDOCS~.SBDOCS1~24203~2 -37-