Laserfiche WebLink
premium, if any, and interest on the Bonds to the <br />extent of the sum or sums so paid. <br /> <br /> (v) Upon delivery by the Depository to the Bond <br />Registrar of written notice to the effect that the <br />Depository has determined to substitute a new Nominee <br />in place of the existing Nominee, and subject to the <br />transfer provisions in paragraph 11 hereof, references <br />to the Nominee hereunder shall refer to such new <br />Nominee. <br /> <br /> (vi) So long as any Bond is registered in the <br />name of a Nominee, all payments with respect to the <br />principal of and premium, if any, and interest on such <br />Bond and all notices with respect to such Bond shall be <br />made and given, respectively, by the Bond Registrar or <br />the City, as the case may be, to the Depository as <br />provided in the Blanket Issuer Letter of <br />Representations required by the Depository as a <br />condition to its acting as book-entry Depository for <br />the Bonds (said Blanket Issuer Letter of <br />Representations, together with any replacement thereof <br />or amendment or substitute thereto, including any <br />standard procedures or policies referenced therein or <br />applicable thereto respecting the procedures and other <br />matters relating to the Depository's role as book-entry <br />Depository for the Bonds, are collectively hereinafter <br />referred to as the ,'Blanket Issuer Letter of <br />Representations"). <br /> <br /> (vii) Ail transfers of beneficial ownership <br /> interests in each Bond issued in book-entry form shall <br /> be limited in principal amount to authorized <br /> denominations and shall be effected by the Depository <br /> with the Participants for recording and transferring <br /> the ownership of beneficial interests in such Bonds. <br /> (viii) In connection with any notice or other <br /> communication to be provided to the Holders pursuant to <br /> this Resolution by the City or the Bond Registrar with <br /> respect to any consent or other action to be taken by <br /> Holders, the Depository shall consider the date of <br /> receipt of notice requesting such consent or other <br /> action as the record date for such consent or other <br /> action; provided, that the City or the Bond Registrar <br /> may establish a special record date for such consent or <br /> other action. The City or the Bond Registrar shall, to <br /> the extent possible, give the Depository notice of such <br /> special record date not less than 30 calendar days in <br /> advance thereof to the extent possible. <br /> (ix) Any successor Bond Registrar, in its written <br /> acceptance of its duties under this Resolution and any <br /> paying agency registrar agreement, shall agree to take <br /> any actions necessary from time to time to comply with <br /> <br />1079939.2 5 <br /> <br /> <br />