Agenda - 06-24-1986 - Laserfiche WebLink

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the Local Government Commission of the State, at .. Local Government Commission, 325 North Salisbury Street, Raleigh, North Carolina 27611, Attention: Secretary; if to the Holder, at NCNB National Bank of North Carolina, P.O. Box 570, Chapel Hill , North Carolina 27514, Attention: Mr . Randy Dickerson; and if to the Depositary, at NCNB National Bank of North Carolina, One NCNB Plaza, Charlotte, North Carolina 28233, Attention: Corporate Securities Services . A duplicate copy of each notice, certificate or other communication given hereunder by either the Authority or the Company to the other shall also be given to the Holder . The Authority, the Company, the Depositary and the Holder may, by notice given hereunder, designate any further or different addresses to which subsequent notices, certif- icates or other communications shall be sent. Section 11 .6. If Performance Date a Legal Holiday. If the last date for performance of any act or the exercising of any right, as provided in this Agreement, shall be a legal holiday or a day on which banking institutions in the State are authorized by law to remain closed, such payment may be made or act performed or right exercised on the next succeeding day not a legal holiday nor a day on which such banking institutions are authorized by law to remain closed. Section 11 . 7. Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the Authority, the Company and their respective successors and assigns. Section 11.8. Severability. In the event any provi- sion of this Agreement shall be held invalid or unenforce- able by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof. Section 11 .9. Amendments& Changes and Modifications. Subsequent to the issuance of the Bond and prior to Payment of the Bond, this Agreement and the Note may not be effec- tively amended, changed, modified, altered or terminated except in accordance with the Bond Purchase Agreement. Section 11.10 . Execution in Counterparts. This Agreement may be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. 34.