1981-140 CRA - Laserfiche WebLink

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. . . . . . ARTICLE VIII MISCELLANEOUS Section 8.01. Benefits of Resolution Limited to Parties. Nothing in this ResolutlOn, expressed or 1mpl1ed, 1S 1ntended to glVe any person other than the Agency, the Bank 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 sole and exclusive benefit of the Holders of the Note. Secti on 8.02. Successor is Deemed Inc luded in All References to Predecess.or. Whenever in this Resolution or any Supplemental Resolution either the Agency or the Bank is named or referred t.o, such reference shall be deemed to include the success.ors .or assigns thereof, and all the covenants and agreements in this Resolution contained by or on behalf of the Agency or the Bank shall bi nd and inure to the benefit of the respective successors and assigns thereof whether so expressed or not. Secti.on 8.03. Discharge of Resolution. If the Agency shall pay and di scharge the entire indebtedness .on the Note in anyone or IßC)re of the following ways: (a) by well and truly paying or causing to be paid the principal and interest on the N.ote, together with applicable fees and other charges as and when the same become due and payable; .or (b) by depositing with the Bank .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 f.or 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 t.o an Official Determination as more particularly described in Section 2.02. Section 8.04. Execution of Documents and Proof of Ownershi b Noteholders. Any request, dec arat10n or other 1nstrument whic t is Resolut10n may require or permit to be executed by Noteholders may be in one or more instruments of s imil ar ten.or, and sha 11 be executed by the Holder of the Note in person or by its attorney app.ointed in writing. . Except as otherwise herein expressly provided, the ownership of the Note and the amount and date of holding the same shall be proved by the Note Register maintained by the Agency pursuant to Section 2.07. 18