1983 022 Ordinance - Laserfiche WebLink

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also subject to mandatory prepayment at the option of the Holder on April 1, 1994 and to optional prepapment by the IBSUer, exercised at the direction of the Company pureuant Co Section 6.1 of the Agreement, at any time. upon the conditions as in the Bond provided. The Bond shall be prepaid by the Issuer on such date, except that the installments due on the Bond prior to such redemption date, but after the aforesaid eelection of a prepayment date, shall be paid on eheir maturity date at the same price as if they had been called for prepayment on such redemption date. The Bond shall be payable as to principal and interest in lawful. money of the United States, shall be a negotiable instrument in accordance With the Act, subject to any provisions therein restricting transfer, and shall express on its face the purpose for which it is issued and such other statements or legends as may be required by law. Bond service charges on the Bond shall be'payable at the principal office of the Aolder. The Bond shall be signed by tbe Mayor and the Finance Director in their official capacities, provided that any or all of those signatures may be facsimiles, and shall bear the seal or a facsimile seal of the Mayor. Bank One, Columbus, NA, Columbus, Ohio, is appointed to act as the iaitial Registrar. Pursuant to and in accordance with Section 9.96, Ohio Revised Code, the Issuer may hereafter designate a different person_to serve as Registrar and enter into a contract for the provision by that person as Registrar of any of the services described in Division (C) of Section 9.96. No Bond shall be valid or become obligatory for any purpose or shall be entitled to any security or benefit under this Bond Legislation or the Assigrtment unless and until a certificate of authentication, as priated on the Bond, is signed by the Registrar ae suthelticating agent. Authentication by the Registrar shall be conclusive evidence that the Bond so authenticated has been duly authenticated and delivered under this Bond Legislation and is entitled to the security and benefit of this Bond Legislation and the Assign- ment. The certificate of authenticatioa may be signed by aay officer or offi- cers of the Registrar. It sball not be necessary that the same authorized person sign the certificate of authentication on each Bond. So long as the Bond remains outstanding, the Issuer taill cause to be maintained and kept by the Registrar, at the Registrar's principal corporate trust office, all books and records necessary for the registration, exchange and transfer of the Bond as provided in this Section (the `Register"). The registered Holder shall be regarded as the absolute owner of the Bond for all purposes of this Bond Legislation and the Assignment. Payment of or on ac- count of principal of, premium, if any, or interest on Che Bond shall be made only to or upon the order of that Holder. Neither the Issuer, the Registrar 6