1984 008 Ordinance - Laserfiche WebLink

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M.V. Ordinance No. 84-8 - 2 - the Issuer, and upon such officer or employee thereof as may from time to time have the authority under law to take such actions as may be necessary to perform all or any part of such obligation, as a duty of the Issuer and of each such officer and employee resulting from an office, trust~or station within the meaning of Section 2731.01, Ohio Revised Code, providing for enforcement by writ of mandamus. (c) Revenues and Assignment. Except as otherwise provided in this Bond Legislation, the Agreement or the Assignment, the Issuer will not pledge, assign or trans- fer the Revenues or create or permit to be created any debt, lien or charge thereon other than the assignment thereof under this Bond Legislation and the Assignment. (d) Recordings and Filings. The Issuer will, at the expense of the Company, cause the Agreement and the Assignment and any. amendments or supplements to either and any related documents or instruments relating to the pledge and assignment made by it to secure the Bond, to be recorded and filed in such manner and in such places as may be required by law in order to fully preserve and protect the security of the Holder. (e) Inspection of Pro3ect Books. All books and documents in the Issuer's possession relating to the Project and the Revenues shall at all times during the Issuer's regular business hours be open to inspection by such accountants or other agents of the Holder as the Holder may from time to time designate. (f) Rights and Enforcement of the Agreement. The Holder, in its name or in the name of the Issuer, may enforce all rights of the Issuer except for Unassigned Issuer's Rights as defined in the Agreement and all obligations of the Company under and pursuant to the Agreement, whether or not the Issuer is in default of the pursuit or enforcement of such rights and obligations. However, the Issuer shall do all things and take all actions on its part necessary to comply with the obligations, duties and responsibilities on its part under the Agreement, and will take all actions within its authority to keep the Agreement in effect in accordance with the terms thereof. (g) Arbitrage Provisions and Information Reports. The Issuer will restrict the use of the proceeds of the Bond in such manner and to such extent, if any, as may be necessary, after taking into account reasonable ex- pectations at the time of the delivery of and payment for the Bond, so that the Bond will not constitute ar- bitrage bonds under Section 103(c) of the Code. The Issuer will submit an appropriate statement, and any necessary supplemental statements, to the Internal