Ordinance 3405-14 - Laserfiche WebLink

ARTICLE XI MISCELLANEOUS Section 11.01. Lost, Stolen or Destroyed Bonds. In case any Bond or Bonds shall be lost, stolen or destroyed, the Bond Registrar may execute and deliver a new Bond or Bonds of like date, number and tenor to the Registered Owner thereof upon the Registered Owner's paying the expenses and charges of the City and the Bond Registrar in connection therewith and upon his/her filing with the City evidence satisfactory to the City that such Bond was actually lost, stolen or destroyed and of his/her ownership thereof, and upon furnishing the City and/or the Bond Registrar with indemnity satisfactory to the City and the Bond Registrar. Section 11.02. Severability. If any one or more of the covenants or agreements provided in this ordinance to be performed on the part of the City shall be declared by any court of competent jurisdiction to be contrary to law, then such covenant or covenants, agreement or agreements, shall be null and void and shall be deemed separable from the remaining covenants and agreements of this ordinance and shall in no way affect the validity of the other provisions of this ordinance or of the Bonds. Section 11.03. Limitation of Rights . Nothing in this ordinance or in the Bonds expressed or implied is intended or shall be construed to give to any person other than the City, the Credit Facility Provider (if any), the Bond Registrar, the Liquidity Facility Provider (if any), the Tender Agent, the Remarketing Agent, the Calculation Agent, the Underwriter and the Registered Owners, any legal or equitable right, remedy or claim under or in respect of this ordinance or any covenant, condition or provision therein or herein contained; and all such covenants, conditions and provisions are and shall be held to be for the sole and exclusive benefit of the City, the Credit Facility Provider (if any), the Bond Registrar, the Liquidity Facility Provider, if any, the -107- P 120287 CMW120287 AMT 10/14/14