Indenture of Trust (1996) - Laserfiche WebLink

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request regarding the security for the Bonds with appropriate officers of the Authority. The Trustee or the Authority, as appropriate,will permit the Municipal Bond Insurer to have access to and to make copies of all books and records relating to the Bonds at any reasonable time upon reasonable notice. Notwithstanding any other provision of this Indenture, the Trustee shall, as soon as practicable, notify the Municipal Bond Insurer if the Trustee has actual knowledge of the occurrence of any Event of Default. Section 11.09. Evidence of Rights of Bond Owners. Any request, consent or other instrument required or permitted by this Indenture to be signed and executed by Bond Owners may be in any number of concurrent instruments of substantially similar tenor and shall be signed or executed by such Bond Owners in person or by an agent or agents duly appointed in writing. Proof of the execution of any such request, consent or other instrument or of a writing appointing any such agent, or of the holding by any person of Bonds transferable by delivery, shall be sufficient for any purpose of this Indenture and shall be conclusive in favor of the Trustee and the Authority if made in the manner provided in this Section 11.09. The fact and date of the execution by any person of any such request, consent or other instrument or writing may be proved by the certificate of any notary public or other officer of any jurisdiction, authorized by the laws thereof to take acknowledgments of deeds, certifying that the person signing such request, consent or other instrument acknowledged to him the execution thereof, or by an affidavit of a witness of such execution duly sworn to before such notary public or other officer. The ownership of Bonds shall be proved by the Registration Books. Any request,consent, or other instrument or writing of the Owner of any Bond shall bind every future Owner of the same Bond and the Owner of every Bond issued in exchange therefor or in lieu thereof, in respect of anything done or suffered to be done by the Trustee or the Authority in accordance therewith or reliance thereon. Section 11.10. Disqualified Bonds. In determining whether the Owners of the requisite aggregate principal amount of Bonds have concurred in any demand,request,direction,consent or waiver under this Indenture,Bonds which are known by the Trustee to be owned or held by or for the account of the Authority or the Members,or by any other obligor on the Bonds, or by any person directly or indirectly controlling or controlled by,or under direct or indirect common control with, the Authority or the Members or any other obligor on the Bonds, shall be disregarded and deemed not to be Outstanding for the purpose of any such determination. Bonds so owned which have been pledged in good faith may be regarded as Outstanding for the purposes of this Section 11.10 if the pledgee shall certify to the Trustee the pledgee's right to vote such Bonds and that the pledgee is not a person directly or indirectly controlling or controlled by,or under direct or indirect common control with,the Authority or the Members or any other obligor on the Bonds. In case of a dispute as to such right, any decision by the Trustee taken upon the advice of counsel shall be full protection to the Trustee. Upon request, the Authority or the Members shall specify to the Trustee those Bonds disqualified pursuant to this Section 11.10. Section 11.11. Money Held for Particular Bonds. The money held by the Trustee for the payment of the interest or principal due on any date with respect to particular Bonds (or portions of Bonds in the case of Bonds redeemed in part only) shall, on and after such date and pending such payment, be set aside on its books and held in trust by it for the Owners of the -45-