Examples of Series 2022 Bond in a sentence
Except as provided in the last sentence of Section 5(c) or the Continuing Disclosure Undertaking authorized pursuant to Section 15 of this series resolution, the Port and the Registrar may deem and treat the Registered Owner of each Series 2022 Bond as the absolute owner for all purposes, and neither the Port nor the Registrar shall be affected by any notice to the contrary.
In the event that only a portion of the principal amount of a Series 2022 Bond is redeemed, upon surrender of such Series 2022 Bond at the principal office of the Registrar there shall be issued to the Registered Owner, without charge therefor, for the then-unredeemed balance of the principal amount thereof a Series 2022 Bond or, at the option of the Registered Owner, a Series 2022 Bond of like series, maturity, and interest rate in any of the denominations herein authorized.
The Registrar may become the Registered Owner of any Series 2022 Bond with the same rights it would have if it were not the Registrar, and to the extent permitted by law, may act as depository for and permit any of its officers or directors to act as member of, or in any other capacity with respect to, any committee formed to protect the rights of the Registered Owners of the Series 2022 Bonds.
Any Series 2022 Bond may be surrendered to the Registrar, together with the assignment form appearing on such Series 2022 Bond duly executed, and exchanged, without charge, for an equal aggregate principal amount of Series 2022 Bonds of the same date, series, maturity and interest rate, in any authorized denomination.
Payment of any such Series 2022 Bond shall be made only as described in subsection (h) of this Section 5, but the transfer of such Series 2022 Bond may be registered as herein provided.