My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
9951-09 Authorizing the aquisitions, constructions and installation of certain improvements and extensions
sbend
>
Public
>
Common Council
>
Legislation
>
Ordinances
>
2009
>
9951-09 Authorizing the aquisitions, constructions and installation of certain improvements and extensions
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/3/2009 11:51:05 AM
Creation date
8/20/2009 12:22:25 PM
Metadata
Fields
Template:
City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
8/10/2009
Ord-Res Number
9951-09
Bill Number
56-09
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
95
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
ARTICLE V <br />MISCELLANEOUS <br />Section 5.01. Citations. Any reference to a part, provision, section or other reference <br />description of a federal or State statute, rule or regulation contained herein shall include any <br />amendments, replacements or supplements to such statutes, rules or regulation as may be made <br />effective from time to time. Any reference to a Loan disbursement shall include any <br />disbursement from the Construction Fund. Any use of the term "including" herein shall not be a <br />limitation as to any provision herein contained but shall mean and include, without limitation, the <br />specific matters so referenced. <br />Section 5.02. Assignment. Neither this Agreement, nor the Loan or the proceeds <br />thereof may be assigned by the Participant without the prior written consent of the Finance <br />Authority and any attempt at such an assignment without such consent shall be void. The <br />Finance Authority may at its option sell or assign all or a portion of its rights and obligations <br />under this Agreement, the Authorizing Instrument, and the Bonds to an agency of the State or to <br />a separate body corporate and politic of the State or to a trustee under trust instrument to which <br />the Finance Authority, the State or any assignee is a beneficiary or party. The Finance Authority <br />may at its option pledge or assign all or a portion of its rights under this Agreement, the <br />Authorizing Instrument, and the Bonds to any person. The Participant hereby consents to any <br />such pledge or assignment by the Finance Authority. This Agreement shall be binding upon and <br />inure to the benefit of any permitted secured party, successor and assign. <br />Section 5.03. No Waiver. Neither the failure of the Finance Authority nor the delay of <br />the Finance Authority to exercise any right, power or privilege under this Agreement shall <br />operate as a waiver thereof, nor shall any single or partial exercise of any right, power or <br />privilege preclude any other further exercise of any other right, power or privilege. <br />Section 5.04. Modifications. No change or modification of this Agreement shall be <br />valid unless the same is in writing and signed by the parties hereto. The Participant understands <br />that the Finance Authority, pursuant to Public Law 235-2005, by operation of law and effective <br />May 15, 2005, has become the successor to the State and the Bond Bank, and agrees to such as if <br />the Prior Agreements (and the Authorizing Instrument and the Bonds referenced in such Prior <br />Agreements and all other collateral agreements and understandings thereto), were amended and <br />restated contemporaneously herewith to such force and effect. <br />Section 5.05. Entire Agreement. This Agreement contains the entire agreement <br />between the parties hereto and there are no promises, agreements, conditions, undertakings, <br />warranties and representations, either written or oral, expressed or implied between the parties <br />hereto other than as herein set forth or as may be made in the Authorizing Instrument and the <br />other papers delivered in connection herewith. In the event there is a conflict between the terms <br />of this Agreement and the Authorizing Instrument, the terms of this Agreement shall control. It <br />is expressly understood and agreed that except as otherwise provided herein this Agreement <br />represents an integration of any and all prior and contemporaneous promises, agreements, <br />B-23 <br />BDDBOI 5738468v1 <br />
The URL can be used to link to this page
Your browser does not support the video tag.