O-1991-1754 - Laserfiche WebLink

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It tit "Redemption Date" when used with respect to any Bond to be redeemed means the date fixed for Buch redemption pursuant to the terms of the Ordinance. "Responsible Officer" when used with respect to the Bank means the Chairman or Vice-Chairman of the Board of Directors, the Chairman or Vlce- chairman of the Executive Committee of the Board of Directors, the President, any Vice President, the Secretary, any Assistant Secretary, the Treasurer, any Assistant Treasurer, the Cashier, any Assistant Cashier, any Trust OfClcer or Assistant Trust Officer, or any other officer of the Bank customarily performing functions similar to those performed by any of the above designated officers and also means, with respect to a particular corporate trust matter, any other. officer to whom such matter Is referred because of his knowledge of and familiarity with the particular subject. "Security Register" means' a register maintained by' the Dank on behalf of the Issuer providing Cor the registration and transfer of the Securities. "Slated Maturity" means the date specified in the Ordinance the' principal of a Security Is scheduled to be due and payable. C SECTION 2.02. Other' DeCJnlt1ons. The terms "Bank," Issuer," and "Securities (Security)" have the meanings assigned to them In the recital paragraphs of this Agreement. . The term "Paying Agent/Registrar" refers to the Bank'in the performance of the duties and (unctions of" this Agt:eement. ARTICLE TIIREE PAYING AGENT SECTION'.3.0i. Duties of Paylnc Agent. As Paying Agent, the Bank shall, provided adequate collected funds have been provided to It for such pu rpose by or on behalf of the Issuer, pay on behalf of the Issuer the principal of each Security at its Stated Maturity, Redemption Date, or Acceleration Date, to the Holder upon surrender of the Security to the Bank at the Bank Office. As Paying Agent, the Bank shall, provided adequate collected funds have been provided to it for such purpose by or on behalf of the Issuer, pay on behalf of the Issuer the Interest on each Security when due, by computing the amount of interest to be paid each Holder and preparing and sending checks by United States mail, first class postage prepaid, on each payment. date, to the Holders of the Securities (or their Predecessor Securities) on the respective Record Date, to the address appearing on the Security Register or by such other method, acceptable to the Bank, requested In writing by the Holder at the Holder's risk and expense. SECTION 3.02. Payment Dates. The ISAuer hereby instructs the Dank to pay the principal of and interest on the Securities on the dates specified In the Ordinance. 3