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11-82 Hospital Improvement Revenue Bonds
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11-82 Hospital Improvement Revenue Bonds
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Last modified
5/14/2013 3:10:01 PM
Creation date
12/21/2005 6:11:37 AM
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Office Of Council
Document Type
Ordinances
Date
12/21/2005
Date Adopted
2/16/1982
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the Second Supplemental Indenture, and further notwithstand- <br />ing the execution of the Second Supplemental Indenture by <br />the Trustee, the amendments to the Indenture and to 'the Bond <br />Leglstatmon incorporated therein set forth in the Second <br />Supplemental Indenture shall not become effective unless and <br />until one of the following events shall have occurred: <br /> <br /> (i) All the outstanding Original Bonds and coupons <br /> appertainIng thereto shall have been paid and <br /> dischargedi For purposes of this Section, <br /> Original Bonds and ceupons appertaining <br /> thereto shall be deemed to have been pamd and <br /> discharged if they would be deemed to be paid <br /> and discharged under Sectmon 1002 of the <br /> <br />(ii) <br /> <br />Indenture. <br /> <br />The holders of at least <br /> <br />thirds percent (66-2/3%) <br /> <br />sixty-slx and two- <br />mn prmncipal amount <br /> <br /> of the Original Bonds at the time outstanding <br /> (exclusive of any Original Bonds then held or <br /> o%f. ned by the Issuer) shall have given their <br /> written consent to s~ch amendments in accord- <br /> alice with the procedure set forth in Section <br /> 1102 of the Indenture. <br /> <br /> Section 9. ~epeal. Subsection (a) of Section 8 <br />of the Original Bond Ordinance as amended by the 1982 Bond <br />Ordinance~ Subsections (b)(4) and (b)(5) of Section 8 of the <br />Ormginal Bond Ordinance as amended by the 1982 Bond Ordi- <br />nance, Subsection (a) of Section 6 of the Original Bond <br />Ordinance as amended by the 1982 Bond Ordinance, and Section <br />5 of the Ormglnal Bond Ordinance are hereby repealed, effec- <br />tive at such time as the amendments thereto set forth in the <br />Second Supplemental Indenture become effective in accordance <br />~;]th Section 8 hereof. <br /> <br />-14- <br /> <br /> <br />
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