106-83 Bonds for Hospial - Laserfiche WebLink

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(f) A request and authorization to the Trustee on behalf of the Issuer, signed by the Executive or the Fiscal Officer~ to authenti- cate and deliver the Additional Bonds to, or on the order of, the Origi- nal Purchaser thereof, who shall be therein identified, upon payment to the Trustee for the account of the Issuer of a sum specified in such request and authorization, plus interest accrued, which sum plus accrued interest shall be deposited as provided in the Supplemental Indenture executed in connection with the issuance of such Additional Bonds. (g) The opinion of nationally recognized bond counsel that the issuance of such Additional Bonds is permitted by the Indenture and has been duly authorized, and that such Additional Bonds will, when delivered and paid for, be the valid and binding special obligations of the Issuer on a parity of lien under the Indenture with all Bonds at the time outstanding thereunder, except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors' rights generally, and by general principles of equity. (h) In the case of Additional Bonds to be issued for the purpose of refunding any outstanding Bonds, evidence satisfactory to the Trustee (i) that provision has been made to assure that moneys suffi- cient to retire the Bonds to be refunded will be available and in the possession of the Trustee at the time provided for the retirement of such Bonds under the plan for refunding and that such moneys are commit- ted to such purpose, and (ii) if such outstanding Bonds are not then considered paid and discharged within the mening of the Indenture, that provision has been made to assure that moneys sufficient to pay interest accrued and to accrue and principal and premium, if any, payable on such Additional Bonds prior to such retirement of the Bonds to be refunded thereby have been deposited in the Debt Service Fund or will be avail- able in the possession of the Trustee at the times required for the payment thereof under the plan for refunding and committed to such purpose without impairment of any provision of or covenant in the Inden- ture, and from sources other than from the operation of the Hospital Facilities. Upon receipt of the documents required by the foregoing pro- visions of this Section to be furnished to it and any other documents required pursuan~ to the Indenture to be furnished to the Trustee in connection with, and prior to the authentication of, any Additional Bonds, the Trustee shall thereupon authenticate the Additional Bonds proposed to be issued. When such Additional Bonds have been so authenticated, the Trustee shall deliver the Additional Bonds with all unmatured coupons appertaining thereto upon the order of the Issuer to the Original Purchaser thereof, upon the payment therefor by such Original Purchaser to or for the account of the Issuer of the Purchase Price therefor. The receipt by the Issuer or by the Trustee on its behalf shall be full acquittal to the Original Purchaser for the Purchase Price of the Additional Bonds, and such Original Purchaser -26-