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Agenda - 04-07-20; 8-h - Adoption of the Final Resolution Authorizing the Issuance of Approx. $40,000,000 in Installment Purchase Financing for CIP Projects
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Agenda - 04-07-20; 8-h - Adoption of the Final Resolution Authorizing the Issuance of Approx. $40,000,000 in Installment Purchase Financing for CIP Projects
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4/3/2020 9:51:48 AM
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BOCC
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4/7/2020
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Business
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Agenda
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8-h
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Agenda 04-07-20 Virtual Business Meeting
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32 <br /> (d) Any addressee (including the LGC) may designate additional or <br /> different addresses for communications by notice given under this Section to each of <br /> the others. <br /> (e) Whenever this Supplemental Agreement requires the giving of a notice, <br /> the person entitled to receive the notice may waive the notice, in writing. The giving <br /> or receipt of the notice will then not be a condition to the validity of any action taken <br /> in reliance upon the waiver. <br /> Section 4.02. Definition of "Restricted Yield." With respect to the 2020 <br /> Bonds, a "Restricted Yield" means a "yield," within the meaning of Treas. Regs. Secs. <br /> 1.103-13(c), -13(d), 1.148-9T(a), or any successor or other provision that may be <br /> applicable, not in excess of a "yield" equal to %. <br /> Section 4.03. Consent to jurisdiction. The Trustee consents to jurisdiction <br /> in the State of North Carolina for any lawsuit arising from this Supplemental <br /> Agreement, or arising from any of the related transactions contemplated by this <br /> Supplemental Agreement. <br /> Section 4.04. Binding Effect; Limitation of Rights. This Supplemental <br /> Agreement is binding upon, inures to the benefit of and is enforceable by the parties <br /> and their respective successors and assigns. Nothing expressed or implied in this <br /> Supplemental Agreement or the 2020 Bonds gives any person other than the <br /> Trustee, the County and the Owners any right, remedy or claim under or with <br /> respect to this Supplemental Agreement. <br /> Section 4.05. Severability. If any provision of this Supplemental Agreement <br /> is determined to be unenforceable, that does not affect any other provision of this <br /> Supplemental Agreement. <br /> Section 4.06. Counterparts. This Supplemental Agreement may be signed in <br /> several counterparts, including separate counterparts. Each will be an original, but <br /> all of them together constitute the same instrument. <br /> Section 4.07. Definitions; Rules of Interpretation. Unless the context <br /> clearly requires otherwise, capitalized terms used as defined terms in this <br /> Supplemental Agreement and not otherwise defined have the meanings set forth in <br /> 10 <br />
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