Common use of Execution and Authentication of Bonds Clause in Contracts

Execution and Authentication of Bonds. The Bonds shall be signed by the manual or facsimile signatures of the President of the Board of Trustees and countersigned by the manual or facsimile signature of the Secretary of the Board of Trustees. Each Bond shall be authenticated by a manual signature of a duly authorized officer of the Paying Agent. Only such of the Bonds as shall bear thereon a certificate of authentication and registration in the form set forth in Exhibit A hereto, executed by the Paying Agent, shall be valid or obligatory for any purpose or entitled to the benefits of this Paying Agent Agreement, and such certificate of the Paying Agent shall be conclusive evidence that the Bonds so authenticated have been duly authenticated and delivered hereunder and are entitled to the benefits of this Paying Agent Agreement.

Appears in 3 contracts

Samples: Paying Agent Agreement, Paying Agent Agreement, Paying Agent Agreement

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Execution and Authentication of Bonds. The Bonds shall be signed by the manual or facsimile signatures signature of the President of the Board of Trustees and countersigned by the manual or facsimile signature of the Secretary or the Clerk of the Board of TrusteesBoard. Each Bond shall be authenticated by a manual signature of a duly authorized officer of the Paying Agent. Only such of the Bonds as shall bear thereon a certificate of authentication and registration in the form set forth given in Exhibit A hereto, executed by the Paying Agent, shall be valid or obligatory for any purpose or entitled to the benefits of this Paying Agent Agreement, and such certificate of the Paying Agent shall be conclusive evidence that the Bonds so authenticated have been duly authenticated and delivered hereunder and are entitled to the benefits of this Paying Agent Agreement.

Appears in 1 contract

Samples: Paying Agent Agreement

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