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2001 Resolutions
Portsmouth-City-Attorney
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2001 Resolutions
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Last modified
2/6/2009 3:35:39 PM
Creation date
6/5/2001 5:25:23 PM
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Ord/Resolutions
Year
2001
Ord/Resolutions - Type
Resolutions
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such numbers or any use made of such numbers, including any use by the City and any officer or <br />agent of the City, by reason of any inaccuracy, error or omission with respect to such numbers. <br /> <br /> Registration, Transfer and Exchange. Upon surrender for transfer or exchange of any Bond <br />at the principal office of the Bond Registrar, the City shall execute and deliver and the Bond <br />Registrar shall authenticate in the name of the transferee or transferees a new Bond or Bonds of <br />any authorized denomination in an aggregate principal amount equal to the Bond surrendered <br />and of the same form and maturity and bearing interest at the same rate as the Bond surrendered, <br />subject in each case to such reasonable regulations as the City and the Bond Registrar may <br />prescribe. All Bonds presented for transfer or exchange shall be accompanied by a written <br />instrument or instruments of transfer or authorization for exchange, in form and substance <br />reasonably satisfactory to the City and the Bond Registrar, duly executed by the registered owner <br />or by his or her duly authorized attorney-in-fact or legal representative. No Bond may be <br />registered to bearer. <br /> <br /> New Bonds delivered upon any transfer or exchange shall be valid obligations of the <br />City, evidencing the same debt as the Bonds surrendered, shall be secured by this Resolution and <br />entitled to all of the security and benefits hereof to the same extent as the Bonds surrendered. <br /> <br /> Charges for Exchange or Transfer. No charge shall be made for any exchange or transfer of <br />Bonds, but the City may require payment by the registered owner of any Bond ora sum <br />sufficient to cover any tax or other governmental charge which may be imposed with respect to <br />the transfer or exchange of such Bond. <br /> <br /> <br />
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