1981-141 CRA - Laserfiche WebLink

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t8 . . :,. . ¡. " ARTICLE VIII MISCELLANEOUS Section 8.01. Benefits of Resolution Limited to Parties. Nothing in this Resolution, expressed or imp11ed, is intended to give any person other than the Agency, the 8ank and the Holders of the Note, any right, remedy, or claim under or by reason of this Resolution, Any covenants, stipulations, promises or agreements in this Resolution contained by and on behalf of the Agency shall be for the s.ole and exclusive benefit of the Holders of the Note. Section 8.02. Successor is Deemed Included in All References t.o Predecessor. Whenever in this Resolution or any Supplemental Resolution e1ther the Agency or the Bank is named or referred to, such reference shall be deemed to include the success.ors or assigns thereof, and all the covenants and agreements in this Res.o luti.on contained by or on behalf of the Agency or the 8ank shall bind and inure to the benefit of the respective successors and assigns thereof whether so expressed or not. Section 8.03. Oischarge of Res.olution. If the Agency shall pay and di scharge the entire indebtedness on the N.ote in anyone or II1()re of the following ways: (a) by well and truly paying or causing to be paid the principal and interest on the Note, together with applicable fees and other charges as and I'ttlen the same become due and payable; .or (b) by depositing with the 8ank or, if applicable, a subsequent Noteholder, in trust, at or before maturity, money which, together with the amounts then on deposit in the funds and accounts provided for in Sections 3.02 and 4.02, is fully sufficient to pay the Note, including all principal, interest and applicable fees and charges; then the pledge of the Revenues and other funds provided for in this Resolution and all other obligations of the Agency under this Resolution with respect to the Note shall cease and terminate, subject to the survival of obligations due to an Official Determination as more particularly described in Section 2,02. Section 8,04. Execution of Documents and Proof of Ownership by Noteholders. Any request, declaration or other instrument which this Resolut10n may require or permit to be executed by Noteholders may be in one or more instruments of similar tenor, and shall be executed by the Holder of the Note in person or by its attorney appointed in writing. Except as otherwise herein expressly provided, the ownership of the Note and the al1Jl)unt and date of holding the same shall be proved by the Note Register maintained by the Agency pursuant to Section 2.07. 17