02 GO Refunding Bond Ordinance - Laserfiche WebLink

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Paying Agent/Registrar to the registered oxvner hereof. By the date fixed for any such prepayment or redemption due provision shall be made by the Issuer xvith the Paying Agent/Registrar for the payment of the required prepayment or redemption price for this Bond or the portion hereof xvhich is to be so prepaid or redeemed, plus accrued interest thereon to the date fixed for prepayment or redemption. If such xvritten notice of prepayment or redemption is given, and if due provision for such payment is made, all as provided above, this Bond, or the portion thereof xvhich is to be so prepaid or redeemed, thereby automatically shall be treated as prepaid or redeemed prior to its scheduled due date, and shall not bear interest after the date fixed for its prepayment or redemption, and shall not be regarded as being outstanding except for the right of the registered oxvner to receive the prepayment or redemption price plus accrued interest to the date fixed for prepayment or redemption from the Paying Agent/Registrar out of the funds provided for such payment. The Paying Agent/Registrar shall record in the Registration Books all such prepayments or redemptions of principal of this Bond or any portion hereof. THIS BOND OR ANY PORTION OR PORTIONS HEREOF 1N ANY iNTEGRAL MULTIPLE OF $5,000 may be assigned and shall be transferred only in the Registration Books of the Issuer kept by the Paying AgenffRegistrar acting in the capacity of registrar for the Bonds, upon the terms and conditions set forth in the Bond Ordinance. Among other requirements for such assigmnent and transfer, this Bond must be presented and surrendered to the Paying Agent/Registrar, together with proper instruments of assignment, in form and xvith guarantee of signatures satisfactory to the Paying Agent/Registrar, evidencing assignment of this Bond or any portion or portions hereof in any integral multiple of $5,000 to the assignee or assignees in xvhose name or names this Bond or any such portion or portions hereof is or are to be transferred and registered. The form of Assignment printed or endorsed on this Bond shall be executed by the registered owner or its duly authorized attomey or representative, to evidence the assigmnent hereof. A nexv Bond or Bonds payable to such assignee or assignees (xvhich then xvill be the nexv registered oxvner or oxvners of such nexv Bond or Bonds), or to the previous registered oxvner in the case of the assigmnent and transfer of only a portion of this Bond, may be delivered by the Paying Agent/Registrar in conversion of and exchange for this Bond, all in the form and manner as provided in the next paragraph hereof for the conversion and exchange of other Bonds. The Issuer shall pay the Paying Agent/Registrar's standard or customary fees and charges for making such transfer, but the one requesting such transfer shall pay any taxes or other govemmental charges required to be paid xvith respect thereto. The Paying Agent/Registrar shall not be required to make transfers of registration of this Bond or any portion hereof (i) during the period commencing xvith the close of business on any Record Date and ending xvith the opening of business on the next folloxving principal or interest payment date, or, (ii) xvith respect to any Bond or any portion thereof called for redemption prior to maturity, xvithin 45 days prior to its redemption date. The registered oxvner of this Bond shall be deemed and treated by the Issuer and the Paying AgenffRegistrar as the absolute oxvner hereof for all purposes, including payment and discharge of liability upon this Bond to the extent of such payment, and the Issuer and the Paying Agent/Registrar shall not be affected by any notice to the contrary. ALL BONDS OF THIS SERIES are issuable solely as fully registered bonds, xvithout interest coupons, in the denomination of any integral multiple of $5,000. As provided in the Bond Ordinance, this Bond, or any unredeemed portion hereof, may, at the request of the registered oxvner or the assignee or assignees hereof, be converted into and exchanged for a like aggregate principal amount of fully registered bonds, xvithout interest coupons, payable to the appropriate registered oxvner, assignee, or assignees, as the case may be, having the same maturity date, and bearing interest at the same rate, in any denomination or denominations in any integral multiple of $5,000 as requested in ~vriting by the appropriate registered o~vner, assignee, or assignees, as the case may be, upon surrender of this Bond to the Paying Agent/Registrar for 15