1983-008 - Laserfiche WebLink

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~ i i I I.... I I \,... from such Payment Date; or (iii) unless it is dated prior to July 1, 1984, in which event it shall bear interest from the Delivery Date; provided, however, that if, as of the date of any Bond, interest is in default on Outstanding Bonds, such Bond shall bear interest from the Payment Date to which interest has previously been paid or made available for payment on the Outstanding Bonds. Section 2.03. Execution of Bonds. The Bonds shall be executed on behalf of the Authority by the manual or facsimile signature of its Chairman and the manual or facsimile signature of its Secretary who are in office on the date of adoption of this Resolution or at any time thereafter, and the seal of the Authority shall be impressed, impri nted or reproduced by facsimil e thereon. If any officer whose signature appears on any Bond ceases to be such officer before the delivery date of any Bond, such signature shall nevertheless be as effective as if the officer had remained in office un.il the Delivery Date. Any Bond may be signed and attested on behalf of the Authority by such persons as at the actual date of the execution of such Bond shall be the proper officers of the Authority although on the date of such Bond any such person shall not have been such officer of the Authority. Only such of the Bonds as shall bear thereon a certificate of authenticatfon in the form set forth in Exhibit B hereto, executed and dated by the Servicing Agent, shall be valid or obligatory for any purpose or entitled to the benefits of the General Resolution and this Resolution, and such certificate of the Servicing Agent shall be conclusive evidence that the Bonds have been duly authenticated and delivered hereunder and are entitled to the benefits of the General Resolution and this Resolution. Section 2.04. Transfer of Bonds. All of a Bond Owner's interest in a Bond may, in accordance with its terms, be transferred upon the records required to be kept pursuant to the provisions of Section 2.06 by the person in whose name it is registered, in person or by his duly authorized attorney, at the main office of the Servicing Agent in Irvine, California, upon presentation and surrender of the Bond. Whenever any Bond shall be surrendered for transfer, the Servicing Agent shall note and endorse such transfer on the registration certificate appearing on the Bond and on the registration records of the Authority kept by the Servicing Agent pursuant to Section 2.06 hereof. The Servi ci ng Agent, on beha If of the Authori ty, may charge a sum to the Bond Owner requesting such transfer for each new Bond issued upon any transfer, in an amount not to exceed the actual costs of the Authority and the Servicing Agent therefor, and the Servicing Agent, on behalf of the Authority, shall require the payment by the Bond Owner requesting such transfer of any tax or other governmental charge required to be paid with respect to such transfer. In addition to the transfer of all of the Bond Owner's interest in a Bond pursuant to this Section 2.04, the Bond Owner may at any time and from time to time transfer participation or other partial interests (but not in an amount of less than $250,000 unless otherwise approved in writing by the State Industrial Development Financing Advisory Commission to the Authority) in a Bond. So long as the Bond Owner remains the registered owner of the Bond following such transfer, such transfer shall not be subject to the provisions of the first paragraph of this Section 2.04. 5