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05-26 Ordinance 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 Respect Thereto in Connection With the Colfax Corner ML, LLC Project
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05-26 Ordinance 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 Respect Thereto in Connection With the Colfax Corner ML, LLC Project
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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 /> Counterparts. This Indenture may be simultaneously executed in several counterparts, each of <br /> which shall be an original and all of which shall constitute but one and the same instrument. The <br /> parties hereto agree that the transaction described herein may be conducted and related documents <br /> may be stored by electronic means. Copies, telecopies, facsimiles, electronic files and other <br /> reproductions of original executed documents shall be deemed to be authentic and valid <br /> counterparts of such original documents for all purposes, including the filing of any claim, action <br /> or suit in the appropriate court of law. <br /> Applicable Law. This Indenture shall be governed exclusively by the applicable laws of the State <br /> of Indiana. <br /> Immunity of Officers and Directors. No recourse shall be had for the payment of the principal of <br /> or interest on any of the Bonds or for any claim based thereon or upon any obligation,covenant or <br /> agreement in this Indenture contained against any past, present or future members, officer, <br /> directors, agents, attorneys or employees of the Issuer, or any incorporator, member, officer, <br /> director, agents, attorneys, employees or trustee of any successor corporation, as such, either <br /> directly or through the Issuer or any successor corporation,under any rule of law or equity, statute <br /> or constitution or by the enforcement of any assessment or penalty or otherwise, and all such <br /> liability of any such incorporator, members, officers, directors, agents, attorneys; employees or <br /> trustees as such is hereby expressly waived and released as a condition of and consideration for <br /> the execution of this Indenture and issuance of such Bonds. <br /> Holidays. If any date for the payment of principal or interest on the Bonds is not a business day <br /> then such payment shall be due on the first business day thereafter. <br /> (End of Article XI) <br /> 43 <br />
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