Laserfiche WebLink
Section 1.02. Compensation. <br />As compensation for the Bank's services as Paying Agent/Registrar, the lssuer hereby agrees <br />to pay the Bank the fees and amounts set forth in Schedule A attached hereto for the first year of this <br />Agreement and thereafter the fees and amounts set forth in the Bank's current fee schedule then in <br />effect for services as Paying Agent/Registrar for municipalities, which shall be supplied to the l ssuer <br />on or before 90 days prior to the close of the Fiscal Year of the Issuer, and shall be effective upon <br />the first day of the following Fiscal Year. <br />In addition, the Issuer agrees to reimburse the Bank upan its request for all reasonable <br />expenses, disbursements and advances incurred or made by the Bank in accordance with any of the <br />provisions hereof (including the reasonable compensation and the expenses and disbursements of <br />its agents and counsel). <br />ARTICLE TWO <br />DEFINITIONS <br />Section 2.01. Definitions. <br />For all purposes of this Agreement, except as otherwise expressly provided or unless the <br />context otherwise requires: <br />"Acceleration Date" on any Security means the date on and after which the principal or any <br />or all installments of interest, or both, are due and payable on any Security which has become <br />accelerated pursuant to the terms of the Security. <br />"Bank Office" means the principal corporate trust office of the Bank as indicated on the <br />signature page hereof. The Bank will notify the Issuer in writing of any change in location of the <br />Bank Office. <br />"Fiscal Year" means the fiscal year of the Issuer, ending September 30. <br />"Holder" and "Security Holder" each means the Aerson in whose name a Security is registered <br />in the Security Register. <br />"lssuer Request" and "Issuer Order" means a written request or order signed in the name of the <br />Issuer by the Mayor or Mayor Pro-tem of the Issuer, any one ar more of said officials, delivered to <br />the Bank. <br />"Legal Holiday" means a day on which the Bank is required or authorized to be closed. <br />"Order" means the order, ordinance or resolution of the governing body of the Issuer pursuant <br />to which the Securities are issued, certified by the Secretary of the Board of Trustees or any other <br />officer of the lssuer and delivered to the Bank. <br />2 <br />, <br />