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08-25 Authorizing the City to Issue One or More Series of its Taxable Economic Development Tax Increment Revenue Bonds and Approving and Authorizing Other Actions in Respec Thereto in Connection With the J. C. Hart Development Project
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08-25 Authorizing the City to Issue One or More Series of its Taxable Economic Development Tax Increment Revenue Bonds and Approving and Authorizing Other Actions in Respec Thereto in Connection With the J. C. Hart Development Project
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agrees to assume all risks arising out of its use of electronic signatures,including without limitation <br /> the risk of the Trustee acting on an unauthorized document and the risk of interception or misuse <br /> by third parties. Notwithstanding the foregoing, the Trustee may in any instance and in its sole <br /> discretion require that an original document bearing a manual signature be delivered to the Trustee <br /> in lieu of, or in addition to, any document signed via electronic signature. <br /> Section 11.9. Counterparts. This Indenture may be simultaneously executed in <br /> several counterparts, each of which shall be an original and all of which shall constitute but one <br /> and the same instrument. The parties hereto agree that the transaction described herein may be <br /> conducted and related documents may be stored by electronic means. Copies, telecopies, <br /> facsimiles,electronic files and other reproductions of original executed documents shall be deemed <br /> to be authentic and valid counterparts of such original documents for all purposes, including the <br /> filing of any claim, action or suit in the appropriate court of law. <br /> Section 11.10. Applicable Law. This Indenture shall be governed exclusively by <br /> the applicable laws of the State of Indiana. <br /> Section 11.11. Immunity of Officers and Directors. No recourse shall be had for <br /> the payment of the principal of or interest on any of the Bonds or for any claim based thereon or <br /> upon any obligation, covenant or agreement in this Indenture contained against any past, present <br /> or future members, officer, directors, agents, attorneys or employees of the Issuer, or any <br /> incorporator, member, officer, director, agents, attorneys, employees or trustee of any successor <br /> corporation, as such, either directly or through the Issuer or any successor corporation, under any <br /> rule of law or equity, statute or constitution or by the enforcement of any assessment or penalty or <br /> otherwise, and all such liability of any such incorporator, members, officers, directors, agents, <br /> attorneys; employees or trustees as such is hereby expressly waived and released as a condition of <br /> and consideration for the execution of this Indenture and issuance of such Bonds. <br /> Section 11.12. Holidays. If any date for the payment of principal or interest on the <br /> Bonds is not a business day then such payment shall be due on the first business day thereafter. <br /> (End of Article XI) <br /> 43 <br />
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