1985-54 CRA - Laserfiche WebLink

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. . . of Issuance of the Bonds, his or her signature shall be as effective as if he or she had remained in office until the Date of Issuance. The Fiscal Agent or its designated agent shall authenticate the Bonds on registration and/or exchange to effectuate the registration and exchange provisions set forth in Section 9, and only those Bonds that have endorsed on them a certificate of authentication, substantially in the form set forth in the form of Bond set forth in Exhibit A attached hereto and incorporated by reference herein, duly executed by the Fiscal Agent, shall be entitled to any rights, benefits or security under this Resolution. No Bonds shall be valid or obligatory for any purpose unless and until the certificate of authentication has been duly executed by the Fiscal Agent. The certificate of the Fiscal Agent upon any Bond shall be conclusive and the only evidence required that the Bond has been duly authenticated and delivered under this Resolution. The Fiscal Agent's certificate of authentication on any Bond shall be deemed to have been duly executed if signed by an authorized officer of the Fiscal Agent, but it shall not be necessary that the same officer sign the certificate of authentication on all of the Bonds that may be issued hereunder. Section 9. Registration and Exchange of Bonds. The Bonds shall be issued only in fully registered form. Fully registered Bonds may be exchanged for other Bonds of equal aggregate denominations. Transfer of ownership of a Bond or Bonds shall be made by exchanging the same for a new Bond or Bonds. All exchanges shall be made in such a manner and upon such reasonable terms and conditions as may be determined and prescribed by the Agency. The person, firm or corporation requesting the exchange shall pay any costs or charges in connection with the exchange as are established by the Fiscal Agent, in addition to paying any tax or governmental charge that may be imposed in connection with the exchange. Each Bond issued pursuant to this Resolution shall be of a denomination which is $5,000 or an integral multiple thereof and shall be of the same issue. Section 10. Bond Register. The Fiscal Agent shall cause the Paying Agent to keep at its principal office in New York, New York, or at such other place in California as the Agency may approve, sufficient books for the registration and transfer of the Bonds and, upon presentation for such purpose, the Fiscal Agent shall under such reasonable regulations as it may prescribe, register or transfer, or cause to be registered or transferred, on the register, the Bonds as hereinbefore provided. The registered books shall at all times be open to inspection by the Agency and the Bank. 12-02-85 9553p/2281/0l -14-