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Agenda - Economic Development Authority - 05/24/2005
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Agenda - Economic Development Authority - 05/24/2005
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4/14/2025 1:32:42 PM
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5/20/2005 11:16:45 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
05/24/2005
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examination of proxies, certificates and other evidence of the fight to vote, and such other <br />m~J. tt~rs concerning the conduct of the meeting as it shall deem appropriate. <br /> <br /> (f) At any meeting of Bondholders, the presence of persons owning Bonds in an <br />aggregate principal amount sufficient under the appropriate provision of this Indenture to take- <br />action upon the business for the transaction of which such meeting was called shall constitute a <br />quorum. Any meeting of Bondholders duly called pursuant to tiffs Section may be adjourned <br />from ti. me to time by vote of the Holders (or proxies for the Holders) of a majority in aggregate <br />principal mount of the Bonds represented at the meeting and entitled to vote, whether or not a <br />qur>m_~m shall be present; and the meeting may be held as sO adjourned without further notice. <br /> <br /> (g) The vote upon any resolution submitted to any meeting of Bondholders shall be by <br />written ballots on w~ch shall be subscribed the signatures of the Holders of Bonds or of their <br />representatives by proxy md the serial nttmber or numbers of the Bonds bald-or represented by <br />them. 'Itte chair of the meeting shall ~pPoint two inspectors of votes who shall count ali votes <br />c~mt at the meeting for or against any resolution and who shall make and file with the Vice Chair <br />o[the meeting their verified written reports in duplicate of ail votes cast at the meeting. A <br />record, at least in duplicate, of the proceedings of each meeting of Bondholders shall be prepared <br />by the Vice Chair of the meeting and there shall be attached to said record the original reports of <br />the inspectors of votes on any vote by ballot taken thereat and affidavits by one or more persons <br />having knowledge of the facts setting forth a copy of the notice of the meeting and showing that - <br />said notice was mailed as providdd in paragraph (b) hereof. Each copy shall be signed ~.nd <br />verified by the affidavits of the chair and Vice Chair of the meeting and one such copy shall be <br />delivered to the Issuer and the City and another to the Trustee to be preserved by the Trustee} the <br />lat~er to have attached thereto the ballots voted at the meeting. Any record so signed and verified <br />shall be conclusive evidence of the matters therein stated. <br /> <br /> Section 9.05 Revocation by Bondholders. At any time prior to (but not after) the <br />evidencing to the Trustee of the taking of any action by the Holders of the percentage in <br />aggregate pr/ncipal amount of the Bonds specified in this Indenture in connection with such <br />action, any Holder ora Bond may, by filing written notice with the Trustee at its principal office, <br />revoke any consent given by such Holder or the predecessor Holder of such Bond. Except as <br />aforesaid, any such consent given by the Holder of any Bond. shall be conclusive and binding <br />~.tpon. such Holder and upon all future Holdei's.and owners of such Bond and of any Bond issued <br />in exchange therefor or in lieu thereof, irrespective of whether or not any notation in regard <br />thereto is made upon such Bond. Any action taken by the Holders of the percentage in aggregate <br />principal amount of the Bonds specified in this Indenture in connection with such action shall be <br />conclusively binding upon the Issuer, the City, the Trustee and the Holders of all the Outstanding <br />Bo~.ds. <br /> <br />{763903v{ <br /> <br /> <br />
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