1981-040 CRA - Laserfiche WebLink

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. . . . . the denomination is to be specified. The Bearer Bonds shall be numbered from one (l) consecutively upwards in .order of maturity and the Fully Registered Bonds shall be lettered and numbered from (Rl) consecutively upwards in order of issuance. "CUSIP" identification numbers shall be imprinted on the Bonds, but such numbers shall n.ot constitute a part of the contract evidenced by the B.onds and any error or omission with respect thereto shall not c.onstitute cause for refusal of any purchaser to accept delivery of and pay for the Bonds. In addition, failure on the part of the Agency to use such CUSIP numbers in any notice to Holders of the Bonds- shall not constitute an event of default nor a violation of the Agency's contract with such H.olders. 206. Place of Payment. Principal and Redemption Price of Bearer Bonds n.ot registered as to principal and interest .on Bearer Bonds are payable at the corporate trust office of the Trustee in Los Angeles, Calif.ornia, or, at the opti.on of the Holder, at the office of any Paying Agent. Principal and Redemption Price of Bearer B.onds registered as to principal and Fully Registered Bonds shall be payable only at the Principal Office of the Trustee, in Los Angeles, California. Interest on Fully Registered Bonds is payable by check mailed to the registered owner. 207. Conditions Precedent to Del ivery of Bonds. Except as provided in Sections 304, 307, 309, 310 and 1106, the Trustee shall authenticate and deliver to the purchasers there.of the Bonds authorized to be issued pursuant to this Resoluti.on but only upon receipt of the following: (l) A copy of this Resoluti.on and all Supplemental Resoluti.ons each certified by an Authorized Officer; (2) A Counsel's Opinion stating (i) that in the opinion of such counsel this Resolution and all Supplemental Resolutions authorizing the Bonds have been duly adopted by the Agency; (ii) that this Res.olution is valid and binding upon the Agency and enforceable in accordance with its terms; (iii) that this Resolution creates a valid pledge of that which it purports t.o pledge, subject to its pr.ovisi.ons (such opinion may be qualified to the extent that the enforceability of this Resoluti.on may be limited by bankruptcy, insolvency and other laws affecting the rights of credit.ors generally); and (iv) that the Trustee is duly authorized by the Agency to authenticate and deliver Bonds as identified and described in this Resolution and in said Counsel's Opinion. (3) An Officer's Certificate stating that the Agency is not, at the time of issuance of such Bonds, in default hereunder, directing the Trustee to authenticate and deliver Bonds as authorized, and stating the amounts to be deposited in the Funds and Accounts established and created by Section 501; (4) Certificate of Pledged Revenues setting forth for the current and each future B.ond Year (a) the amount of Pledged Revenues to be received in such Bond Year and (b) the Debt Service for such Bond Year with respect all 16