Ordinance 99-72 - Laserfiche WebLink

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office of the Registrar (the designated corporate trust office of the Registrar if the City's Finance Department is not the Registrar) with a written instrument of transfer satisfactory to the Registrar duly executed by the registered Owner or his duly authorized attorney. Upon the transfer of such 1999 Bond, the City shall issue in the name of the transferee a new 1999 Bond. The City, the Paying Agent and the Registrar shall deem and treat the person in whose name the 1999 Bond shall be registered upon the books kept by the Registrar as the absolute Owner of such 1999 Bond, whether such 1999 Bond shall be overdue or not, for the purpose of receiving payment of, or on account of, the principal of and interest on such 1999 Bond as the same become due and for all other purposes. All such payments so made to any such Owner or upon his/her order shall be valid and effectual to satisfy and discharge the liability upon such 1999 Bond to the extent of the sum or sums so paid, and neither the City, the Paying Agent nor the Registrar shall be affected by any notice to the contrary. In all cases in which the privilege of transferring the 1999 Bond is exercised, the City shall execute and the Registrar shall authenticate and deliver the 1999 Bond in accordance with the provisions of this Ordinance. The 1999 Bond surrendered in any such transfers shall forthwith be delivered to the Registrar and canceled by the Registrar in the manner provided in this Section. The City or the Registrar (ifnot the City's Finance Department) may require the payment of a sum sufficient to pay any tax, fee or other governmental charges required to be paid with respect to such transfer. The 1999 Bond paid or redeemed, in whole, either at or before maturity, shall be delivered to the Registrar when the payment or redemption is made, and such 1999 Bond shall thereupon be promptly canceled. The 1999 Bond so canceled may at any time be destroyed by the Registrar, who shall execute a certificate of destruction in duplicate by the signature of one of its authorized officers describing the 1999 Bond, and one executed certificate shall be filed with the City and the other executed certificate shall be retained by the Registrar (if not the City's Finance Department). SECTION 2.5 MUTILATED. DESTROYED. STOLEN OR LOST 1999 BOND. In case any 1999 Bond shall become mutilated, destroyed, stolen or lost, the City shall execute and the Registrar shall authenticate and deliver a new 1999 Bond of like date, maturity and denomination as the 1999 Bond so mutilated, destroyed, stolen or lost; provided that, in the case of any mutilated 1999 Bond, such mutilated 1999 Bond shall first be surrendered to the City and, in the case of any lost, stolen or destroyed 1999 Bond, there shall first be furnished to the City and the Registrar (if not the City's Finance Department) evidence of such loss, theft, or destruction satisfactory to the City and the Registrar, together with indemnity satisfactory to them. In the event the 1999 Bond shall be about to mature or have matured, instead of issuing a duplicate 1999 Bond, the City may pay the same without surrender thereof. The City and the Registrar (if not the City's Finance Department) may charge the Owner of such 1999 Bond their reasonable fees and expenses in connection with this transaction. Any 1999 Bond surrendered for replacement shall be canceled in the same manner as provided in Section 2.4 hereof. Any such duplicate 1999 Bond issued pursuant to this Section shall constitute additional contractual obligations on the part of the City, whether or not the lost, stolen or destroyed 1999 10