1994-06-21 Minutes - Laserfiche WebLink

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Trustee shall be required to register the transfer of Tendered • Bonds after such date of mailing of notice of redemption. (d) Bonds delivered upon any registration of transfer or exchange as provided herein or as provided in Section 207 hereof shall be valid limited obligations of the Authority, evidencing the same debt as the Bonds surrendered, shall be secured by this Indenture and shall be entitled to all of the security and benefits hereof to the same extent as the Bond surrendered. (e) The Authority, the Trustee, the Tender Agent, the Remarketing Agent, the Credit Facility Issuer and any Paying Agent may treat the registered owner of any Bond as the absolute owner thereof for all purposes, whether or not such Bond shall be overdue, and shall not be bound by any notice to the contrary. All payments of or on account of the principal of and premium, if any, and interest on any such Bond as herein provided shall be made only to or upon the written order of the registered owner thereof or such owner's legal representative, but such registration may be changed as herein provided. All such payments shall be valid and effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid. Section 209. Rectuired Information in Bond Form. On each date on which the Trustee or the Tender Agent authenticates and delivers Bonds during an Adjustable Long Mode applicable to such • Bonds as provided in Section 207 or 208 hereof, the Trustee or the Tender Agent shall attach to each such Bond a copy of the notice in substantially the form set forth in the form of Bond attached as Exhibit A hereto for the purpose of maintaining an accurate record of the terms and provisions of the Adjustment Period then applicable to such Bond. On each date on which the Trustee authenticates and delivers Bonds bearing interest at a Fixed Rate from and after the Conversion Date applicable to such Bonds, the Trustee shall issue Bonds with such information as required pursuant to Section 603 hereof. Section 210. Cancellation. Any Bond surrendered for the purpose of payment or retirement or for exchange or transfer or for replacement pursuant to Section 207 hereof shall be cancelled upon surrender thereof to the Trustee, the Tender Agent or any Paying Agent. If the Authority shall acquire any of the Bonds (other than Pledged Bonds), the Authority shall deliver such Bonds to the Trustee or the Tender Agent, as appropriate, for cancellation .and the Trustee or the Tender Agent, as appropriate, shall cancel the same. Any such Bonds cancelled by any Paying Agent other than the Trustee or by the Tender Agent shall be promptly transmitted by such Paying Agent or the Tender Agent, as the case may be, to the Trustee. Certification of Bonds cancelled by the Trustee and the _ Tender Agent and Bonds cancelled by a Paying Agent other than the 26