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O-1991-1755
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O-1991-1755
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Last modified
11/2/2016 3:38:50 PM
Creation date
10/25/2006 4:33:17 PM
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Legislative Records
Legislative Type
Ordinance
Date
5/14/1991
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<br />. <br /> <br />e <br /> <br />The Security Register may be maintained in written form or in any other <br />form capable of being converted into written form within a reasonable time. <br /> <br />Section 4.04. List of Security Holders. The Bank will provide the <br />Issuer at any time requested by the Issuer, upon payment of the required fee, <br />a copy of the information contained in the Security Register. The Issuer may <br />also inspect the information contained in the Security Register at any time the <br />Bank is customarily open for business, provided that reasonable time is allowed <br />the Bank to provide an up-to-date listing or to convert the information into <br />written form. <br /> <br />Unless required by law, the Bank will not release or disclose the contents <br />of the Security Register to any person other than to, or at the written request <br />of, an authorized officer or employee of the Issuer, except upon receipt of a <br />court order or as otherwise required by law. Upon receipt of a court order <br />and prior to the release or disclosure of the contents of the Security Register, <br />the Bank will notify the Issuer so that the Issuer may contest the court order <br />or such release or disclosure of the contents of the Security Register. <br /> <br />Section 4.05. Return of Cancelled Certificates. The Bank will, at such <br />reasonable intervals as it determines, surrender to the Issuer, Securities in <br />lieu of which or in exchange for which other Securities have been issued, or <br />which have been paid. <br /> <br />Section 4.06. Mutilated, Destroyed, Lost J or Stolen Securities. The <br />Issuer hereby instructs the Bank, subject to the applicable provisions of the <br />Ordinance, to deliver and issue Securities in exchange for or in lieu of <br />mutilated, destroyed, lost, or stolen Securities as long as the same does not <br />result in an over issuance. <br /> <br />In case any Security shall be mutilated, or destroyed, lost, or stolen, <br />the Bank, in its discretion, may execute and deliver a replacement Security of <br />like form and tenor, and in the same denomination and bearing a number not <br />contemporaneously outstanding, in exchange and substitution for such mutilated <br />Security, or in lieu of and in substitution for such destroyed, lost, or stolen <br />Security, only after (i) the filing by the Holder thereof with the Bank of <br />evidence satisfactory to the Bank of the destruction, loss, or theft of such <br />Security, and of the authenticity of the ownership thereof and (ll) the <br />furnishing to the Bank of indemnification in an amount satisfactory to hold the <br />Issuer and the Bank harmless. All expenses and charges associated with such <br />indemnity and with the preparation, execution, and delivery of a replacement <br />Security shall be borne by the Holder of the Security mutilated, or destroyed, <br />lost, or stolen. <br /> <br />Section 4.07. Transaction Information to Issuer. The Bank will, within <br />a reasonable time after receipt of written request from the Issuer, furnish the <br />Issuer information as to the Securities it has paid pursuant to Section 3.01, <br />Securities it has delivered upon the transfer or exchange of any Securities <br />pursuant to Section 4.01, and Securities it has delivered in exchange for or <br />in lieu of mutilated, destroyed, lost, or stolen Securities pursuant to Section <br />4.06. <br /> <br />5 <br />
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