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1980-075 CRA
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1980-075 CRA
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Last modified
1/3/2012 12:23:08 PM
Creation date
3/8/2005 11:38:49 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1980-75
Date
7/1/1980
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<br />may be enforced by it without the possession of any of the Bonds or the <br />coupons appertaining thereto or the production thereof on the trial or other <br />proceeding relative thereto, and any such suit, action or proceeding <br />instituted by the Trustee shall be brought in its name and for the benefit of <br />all of the Holders of the Bonds and coupons, subject to the provisions of this <br />Resolution. <br /> <br />1208. Remedies Not Exclusive. No remedy herein conferred upon or <br />reserved to the Trustee or to Holders of the Bonds is intended to be exclusive <br />of any other remedy or remedi es, and each and every such remedy shall be <br />cumulative and shall be in addition to any other remedy given hereunder or now <br />or hereafter existing at law or in equity or by statute. <br /> <br />1209. No Waiver of Default. No delay or omission of the Trustee or of <br />any Holder of the Bonds to exercise any right or power accruing upon any <br />default shall impair any such right or power or shall be construed to be a <br />waiver of any such default or an acquiescence therein; and every power and <br />remedy given by this Resolution to the Trustee and the Holders of the Bonds, <br />respectively, may be exercised from time to time and as often as may be deemed <br />expedient. <br /> <br />1210. Notice of Event of Default. The Trustee shall give to the <br />Bondholders notice of each Event of Default hereunder known to the Trustee <br />with in ninety (90) days after actua 1 knowl edge of the occurrence thereof, <br />unless such Event of Default shall have been remedied or cured before the <br />giving of such notice; provided that, except in the case of default in the <br />payment of the principal,- Redemption Price, if any, or interest on any of the <br />Bonds, the Trustee shall be protected in withholding such notice if and so <br />. long as the board of directors, the executive committee, or a trust committee <br />of directors or responsible officers of the Trustee in good faith determines <br />that the withholding of such notice is in the interests of the Bondholders, <br />Each such notice thereof shall be mailed: (1) to all registered Holders of <br />Bonds, as the names and addresses of such Holders appear upon the Bond <br />Register as,kept by the Trustee; (2) to such Holders of Bonds as have filed <br />their names and addresses with the Trustee for that purpose; and (3) to the <br />Agency. <br /> <br />65 <br /> <br />~ <br /> <br />. <br /> <br />. <br /> <br />. <br />, <br /> <br />I <br />
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