1981-143 CRA - Laserfiche WebLink

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.' . . I . . ARTICLE VI II MISCELLANEOUS Section 8.01. Benefits of Resolution Limited to Parties. Nothing in this Resoluti.on, expressed or implied, is intended to give any person other than the Agency, the Bank and the Holders .of the Note, any right, remedy, or claim under or by reason of this Resolution. Any covenants, stipulations, promises or agreements in this Res.olution contained by and on behalf .of the Agency shall be for the sole and exclusive benefit of the Holders of the Note. Section 8.02. Successor is Deemed Included in All References to Predecessor. Whenever in this Resolution or any Supplemental Resoluti.on either the Agency or the Bank is named or referred to, such reference shall be deemed to include the successors or assigns thereof, and all the c.ovenants and agreements in this Resolution contained by or on behalf of the Agency or the Bank shall bind and inure to the benefit of the respective successors and assigns thereof whether s.o expressed .or n.ot. Section 8.03. Discharge.of Resolution. If the Agency shall pay and discharge the entire indebtedness on the N.ote in anyone .or more of the following ways: (a) by well and truly paying or causing to be paid the principal and interest on the Note, t.ogether wi th app 1 i cab 1 e fees and other charges as and when the same become due and payable; or (b) by depositing with the Bank or, if applicable, a subsequent Noteholder, in trust, at .or before maturity, money which, together with the amounts then on deposit in the funds and acc.ounts provided for in Sections 3.02 and 4.02, is fully sufficient t.o pay the N.ote, including all principal, interest and applicable fees and charges; then the pledge of the Revenues and other funds provided for in this Resolution and all other obligations of the Agency under this Resolution with respect to the Note shall cease and terminate, subject to the survival of obligations due to an Official Determination as more particularly described in Section 2.02. Section 8.04. Execution of Documents and Proof .of Ownership by Noteh.olders. Any request, declarati.on or other instrument which this Resolution may require .or permit to be executed by Noteholders may be in .one or more instruments of similar tenor, and shall be executed by the Holder of the Note in person or by its attorney appointed in writing. Except as otherwise herein expressly provided, the ownership of the Note and the amount and date of ho 1 ding the same sha 11 be proved by the Note Register maintained by the Agency pursuant to Section 2.07. 17