Laserfiche WebLink
This Note is issued under the authority of and in full compliance with the Constitution <br />and statutes of the Commonwealth of Virginia, and, more particularly, ~ssued pursuant to the <br />Public Finance Act of 1991, Chapter 26 of Title 15.2 of the Code of Virginia of 1950, as <br />amended, a Resolution adopted by the City Council on September 23, 2003 ("Resolution"). <br /> <br />[Prepayment Provisions] <br /> <br /> This Note may be transferred only by an assignment duly executed by the registered <br />owner hereof or such owner's attorney or legal representative in a form satisfactory to the Note <br />Registrar. Such transfer shall be made in the registration books kept by the Note Registrar upon <br />presentation and surrender hereof and the City shall execute and deliver in exchange, a new Note <br />having an equal aggregate prinmpal amount of the same form and maturity, beating ~nterest at <br />the same rate, and registered in names as requested by the then registered owner hereof or such <br />owner's attorney or legal representative. Any such exchange shall be at the expense of the City, <br />except that the Note Registrar may charge the person requesting such exchange the amount of <br />any tax or other governmental charge required to be paid with respect thereto. <br /> <br /> The City may designate a successor Note Registrar and/or paying agent, provided that <br />written notice specifying the name and location of the principal office of any such successor <br />shall be given to the registered owner of this Note. Upon registration of transfer of this Note, the <br />Note Registrar shall furnish written notice to the transferee of the name and location of the <br />pnncipal office of the Note Registrar. <br /> <br /> The Note Registrar shall treat the registered owner as the person exclusively entitled to <br />payment of principal and interesl and the exercise of all other rights and powers of the oWner. <br /> <br />A-2 <br /> <br /> <br />