Common use of Original Delivery Clause in Contracts

Original Delivery. The Certificates will be initially executed and delivered in the form of a separate single fully registered Certificate (which may be typewritten) for each maturity of the Certificates. Upon initial delivery, the ownership of each such Certificate will be registered on the Registration Books in the name of the Nominee. Except as provided in subsection (c), the ownership of all of the Outstanding Certificates shall be registered in the name of the Nominee on the Registration Books. With respect to Certificates the ownership of which is registered in the name of the Nominee, the District and the Trustee have no responsibility or obligation to any Depository System Participant or to any person on behalf of which the District holds an interest in the Certificates. Without limiting the generality of the immediately preceding sentence, the District and the Trustee have no responsibility or obligation with respect to (i) the accuracy of the records of the Depository, the Nominee or any Depository System Participant with respect to any ownership interest in the Certificates, (ii) the delivery to any Depository System Participant or any other person, other than a Certificate Owner as shown in the Registration Books, of any notice with respect to the Certificates, including any notice of prepayment, (iii) the selection by the Depository of the beneficial interests in the Certificates to be prepaid if the District elects to prepay the Certificates in part, (iv) the payment to any Depository System Participant or any other person, other than a Certificate Owner as shown in the Registration Books, of any amount with respect to principal or interest represented by the Certificates or (v) any consent given or other action taken by the Depository as Owner of the Certificates. The District and the Trustee may treat and consider the person in whose name each Certificate is registered as the absolute owner of such Certificate for the purpose of payment of principal and interest represented by such Certificate, for the purpose of giving notices of prepayment and other matters with respect to such Certificate, for the purpose of registering transfers of ownership of such Certificate, and for all other purposes whatsoever. The Trustee shall pay the principal and interest represented by the Certificates only to the respective Owners or their respective attorneys duly authorized in writing, and all such payments shall be valid and effective to fully satisfy and discharge all obligations with respect to payment of principal and interest represented by the Certificates to the extent of the sum or sums so paid. No person other than a Certificate Owner may receive a Certificate evidencing the obligation of the District to make payments of principal and interest under this Trust Agreement. Upon delivery by the Depository to the Nominee of written notice to the effect that the Depository has determined to substitute a new Nominee in its place, such new nominee shall become the Nominee hereunder for all purposes; and upon receipt of such a notice the District shall promptly deliver a copy of the same to the Trustee.

Original Delivery. The Certificates will be initially executed and delivered in the form of a separate single fully registered Certificate (which may be typewritten) for each maturity of the Certificates. Upon initial delivery, the ownership of each such Certificate will be registered on the Registration Books in the name of the Nominee. Except as provided in subsection (c), the ownership of all of the Outstanding Certificates shall will be registered in the name of the Nominee on the Registration Books. With respect to Certificates the ownership of which is registered in the name of the Nominee, the District City and the Trustee have no responsibility or obligation to any Depository System Participant or to any person on behalf of which the District City holds an interest in the Certificates. Without limiting the generality of the immediately preceding sentence, the District City and the Trustee have no responsibility or obligation with respect to to (i) the accuracy of the records of the Depository, the Nominee or any Depository System Participant with respect to any ownership interest in the Certificates, (ii) the delivery to any Depository System Participant or any other person, other than a Certificate Owner as shown in the Registration Books, of any notice with respect to the Certificates, including any notice of prepayment, (iii) the selection by the Depository of the beneficial interests in the Certificates to be prepaid if in the District event the City elects to prepay the Certificates in part, (iv) the payment to any Depository System Participant or any other person, other than a Certificate Owner as shown in the Registration Books, of any amount with respect to principal principal, premium, if any, or interest represented by the Certificates or (v) any consent given or other action taken by the Depository as Owner of the Certificates. The District City and the Trustee may treat and consider the person in whose name each Certificate is registered as the absolute owner of such Certificate for the purpose of payment of principal principal, premium, if any, and interest represented by such Certificate, for the purpose of giving notices of prepayment and other matters with respect to such Certificate, for the purpose of registering transfers of ownership of such Certificate, and for all other purposes whatsoever. The Trustee shall will pay the principal principal, interest and interest premium, if any, represented by the Certificates only to the respective Owners or their respective attorneys duly authorized in writing, and all such payments shall will be valid and effective to fully satisfy and discharge all obligations with respect to payment of principal principal, interest and interest premium, if any, represented by the Certificates to the extent of the sum or sums so paid. No person other than a Certificate Owner may will receive a Certificate evidencing the obligation of the District City to make payments of principal principal, interest and interest premium, if any, under this Trust Agreement. Upon delivery by the Depository to the Nominee of written notice to the effect that the Depository has determined to substitute a new Nominee in its place, such new nominee shall will become the Nominee hereunder for all purposes; purposes;; and upon receipt of such a notice the District shall City will promptly deliver a copy of the same to the Trustee.

Original Delivery. The Certificates will shall be initially executed and delivered in the form of a separate single fully registered Certificate (which may be typewritten) for each maturity of the Certificates. Upon initial delivery, the ownership of each such Certificate will shall be registered on the Registration Books in the name of the Nominee. Except as provided in subsection (c), the ownership of all of the Outstanding Certificates shall be registered in the name of the Nominee on the Registration Books. With respect to Certificates the ownership of which is registered in the name of the Nominee, the District and the Trustee have no responsibility or obligation to any Depository System Participant or to any person on behalf of which the District holds an interest in the Certificates. Without limiting the generality of the immediately preceding sentence, the District and the Trustee have no responsibility or obligation with respect to to (i) the accuracy of the records of the Depository, the Nominee or any Depository System Participant with respect to any ownership interest in the Certificates, (ii) the delivery to any Depository System Participant or any other person, other than a Certificate Owner as shown in the Registration Books, of any notice with respect to the Certificates, including any notice of prepayment, (iii) the selection by the Depository of the beneficial interests in the Certificates to be prepaid if redeemed in the event the District elects to prepay the Certificates in part, (iv) the payment to any Depository System Participant or any other person, other than a Certificate Owner as shown in the Registration Books, of any amount with respect to principal principal, premium, if any, or interest represented by the Certificates or (v) any consent given or other action taken by the Depository as Owner of the Certificates. The District and the Trustee may treat and consider the person in whose name each Certificate is registered as the absolute owner of such Certificate for the purpose of payment of principal principal, premium, if any, and interest represented by such Certificate, for the purpose of giving notices of prepayment and other matters with respect to such Certificate, for the purpose of registering transfers of ownership of such Certificate, and for all other purposes whatsoever. The Trustee shall pay the principal principal, interest and interest premium, if any, represented by the Certificates only to the respective Owners or their respective attorneys duly authorized in writing, and all such payments shall be valid and effective to fully satisfy and discharge all obligations with respect to payment of principal principal, interest and interest premium, if any, represented by the Certificates to the extent of the sum or sums so paid. No person other than a Certificate Owner may shall receive a Certificate evidencing the obligation of the District to make payments of principal principal, interest and interest premium, if any, under this Trust Agreement. Upon delivery by the Depository to the Nominee of written notice to the effect that the Depository has determined to substitute a new Nominee in its place, such new nominee shall become the Nominee hereunder for all purposes; and upon receipt of such a notice the District shall promptly deliver a copy of the same to the Trustee.

Original Delivery. The Certificates will shall be initially executed and delivered in the form of a separate single fully registered Certificate (which may be typewritten) for each maturity of the Certificates. Upon initial delivery, the ownership of each such Certificate will shall be registered on the Registration Books in the name of the Nominee. Except as provided in subsection (c), the ownership of all of the Outstanding Certificates shall be registered in the name of the Nominee on the Registration Books. With respect to Certificates the ownership of which is shall be registered in the name of the Nominee, the District County and the Trustee shall have no responsibility or obligation to any Depository System Participant or to any person on behalf of which the District County holds an interest in the Certificates. Without limiting the generality of the immediately preceding sentence, the District County and the Trustee shall have no responsibility or obligation with respect to to (i) the accuracy of the records of the Depository, the Nominee or any Depository System Participant with respect to any ownership interest in the Certificates, (ii) the delivery to any Depository System Participant or any other person, other than a Certificate Owner as shown in the Registration Books, of any notice with respect to the Certificates, including any notice of prepayment, (iii) the selection by the Depository of the beneficial interests in the Certificates to be prepaid if in the District event the County elects to prepay the Certificates in part, (iv) the payment to any Depository System Participant or any other person, other than a Certificate Owner as shown in the Registration Books, of any amount with respect to principal principal, premium, if any, or interest represented by the Certificates or (v) any consent given or other action taken by the Depository as Owner of the Certificates. The District County and the Trustee may treat and consider the person in whose name each Certificate is registered as the absolute owner of such Certificate for the purpose of payment of principal principal, premium, if any, and interest represented by such Certificate, for the purpose of giving notices of prepayment and other matters with respect to such Certificate, for the purpose of registering transfers of ownership of such Certificate, and for all other purposes whatsoever. The Trustee shall pay the principal principal, interest and interest premium, if any, represented by the Certificates only to the respective Owners or their respective attorneys duly authorized in writing, and all such payments shall be valid and effective to fully satisfy and discharge all obligations with respect to payment of principal principal, interest and interest premium, if any, represented by the Certificates to the extent of the sum or sums so paid. No person other than a Certificate Owner may shall receive a Certificate evidencing the obligation of the District County to make payments of principal principal, interest and interest under premium, if any, pursuant to this Trust Agreement. Upon delivery by the Depository to the Nominee County of written notice to the effect that the Depository has determined to substitute a new Nominee in its place, such new nominee shall become the Nominee hereunder for all purposes; and upon receipt of such a notice the District County shall promptly deliver a copy of the same to the Trustee.

Original Delivery. The Certificates will Bonds shall be initially executed and delivered in the form of a separate single fully registered Certificate Bond without coupons (which may be typewritten) for each maturity of the CertificatesBonds. Upon initial delivery, the ownership of each such Certificate will Bond shall be registered on the Registration Books in the name of the Nominee. Except as provided in subsection (c), the ownership of all of the Outstanding Certificates Bonds shall be registered in the name of the Nominee on the Registration Books. With respect to Certificates Bonds the ownership of which is shall be registered in the name of the Nominee, neither the District and Successor Agency nor the Trustee shall have no any responsibility or obligation to any Depository System Participant or to any person on behalf of which the District Depository System Participant holds an interest in the CertificatesBonds. Without limiting the generality of the immediately preceding sentence, neither the District and Successor Agency nor the Trustee shall have no any responsibility or obligation with respect to (i) the accuracy of the records of the Depository, the Nominee or any Depository System Participant with respect to any ownership interest in the CertificatesBonds, (ii) the delivery to any Depository System Participant or any other person, other than a Certificate Bond Owner as shown in the Registration Books, of any notice with respect to the CertificatesBonds, including any notice of prepaymentredemption, (iii) the selection by the Depository of the beneficial interests in the Certificates Bonds to be prepaid if redeemed in the District event the Successor Agency elects to prepay redeem the Certificates Bonds in part, (iv) the payment to any Depository System Participant or any other person, other than a Certificate Bond Owner as shown in the Registration Books, of any amount with respect to principal principal, premium, if any, or interest represented by on the Certificates Bonds or (v) any consent given or other action taken by the Depository as Owner of the CertificatesBonds. The District Successor Agency and the Trustee may treat and consider the person in whose name each Certificate Bond is registered as the absolute owner of such Certificate Bond for the purpose of payment of principal principal, premium and interest represented by on such CertificateBond, for the purpose of giving notices of prepayment redemption and other matters with respect to such CertificateBond, for the purpose of registering transfers of ownership of such CertificateBond, and for all other purposes whatsoever. The Trustee shall pay the principal of and interest represented by and premium, if any, on the Certificates Bonds only to the respective Owners or their respective attorneys duly authorized in writing, and all such payments shall be valid and effective to fully satisfy and discharge all obligations with respect to payment of principal of and interest represented by and premium, if any, on the Certificates Bonds to the extent of the sum or sums so paid. No person other than a Certificate Bond Owner may shall receive a Certificate Bond evidencing the obligation of the District Successor Agency to make payments of principal principal, interest and interest under premium, if any, pursuant to this Trust AgreementIndenture. Upon delivery by the Depository to the Nominee of written notice to the effect that the Depository has determined to substitute a new Nominee nominee in its place, and subject to the provisions herein with respect to Record Dates, such new nominee shall become the Nominee hereunder for all purposes; and upon receipt of such a notice the District Successor Agency shall promptly deliver a copy of the same to the Trustee.

Original Delivery. The Certificates will Bonds shall be initially executed and delivered in the form of a separate single fully registered Certificate Bond without coupons (which may be typewritten) for each maturity of the CertificatesBonds. Upon initial delivery, the ownership of each such Certificate will Bond shall be registered on the Registration Books in the name of the Nominee. Except as provided in subsection (c), the ownership of all of the Outstanding Certificates Bonds shall be registered in the name of the Nominee on the Registration Books. With respect to Certificates Bonds the ownership of which is shall be registered in the name of the Nominee, none of the District and Authority, the Administrator or the Trustee shall have no any responsibility or obligation to any Depository System Participant or to any person on behalf of which the District Depository System Participant holds an interest in the CertificatesBonds. Without limiting the generality of the immediately preceding sentence, none of the District and Authority, the Administrator or the Trustee shall have no any responsibility or obligation with respect to to (i) the accuracy of the records of the Depository, the Nominee or any Depository System Participant with respect to any ownership interest in the CertificatesBonds, (ii) the delivery to any Depository System Participant or any other person, other than a Certificate Owner Bondowner as shown in the Registration Books, of any notice with respect to the CertificatesBonds, including any notice of prepaymentredemption, (iii) the selection by the Depository of the beneficial interests in the Certificates Bonds to be prepaid if redeemed in the District event the Administrator elects to prepay redeem the Certificates Bonds in part, (iv) the payment to any Depository System Participant or any other person, other than a Certificate Owner Bondowner as shown in the Registration Books, of any amount with respect to principal principal, premium, if any, or interest represented by on the Certificates Bonds or (v) any consent given or other action taken by the Depository as Owner of the CertificatesBonds. The District Authority, the Administrator and the Trustee may treat and consider the person in whose name each Certificate Bond is registered as the absolute owner of such Certificate Bond for the purpose of payment of principal principal, premium and interest represented by on such CertificateBond, for the purpose of giving notices of prepayment redemption and other matters with respect to such CertificateBond, for the purpose of registering transfers of ownership of such CertificateBond, and for all other purposes whatsoever. The Trustee shall pay the principal of and interest represented by and premium, if any, on the Certificates Bonds only to the respective Owners or their respective attorneys duly authorized in writing, and all such payments shall be valid and effective to fully satisfy and discharge all obligations with respect to payment of principal of and interest represented by and premium, if any, on the Certificates Bonds to the extent of the sum or sums so paid. No person other than a Certificate Owner may Bondowner shall receive a Certificate Bond evidencing the obligation of the District Authority to make payments of principal principal, interest and interest under premium, if any, pursuant to this Trust AgreementIndenture. Upon delivery by the Depository to the Nominee of written notice to the effect that the Depository has determined to substitute a new Nominee nominee in its place, and subject to the provisions herein with respect to Record Dates, such new nominee shall become the Nominee hereunder for all purposes; and upon receipt of such a notice the District Authority shall promptly deliver a copy of the same to the Trustee.

Original Delivery. The Certificates will Bonds shall be initially executed and delivered in the form of a separate single fully registered Certificate Bond without coupons (which may be typewritten) for each maturity of the CertificatesBonds. Upon initial delivery, the ownership of each such Certificate will Bond shall be registered on the Registration Books in the name of the Nominee. Except as provided in subsection (c), the ownership of all of the Outstanding Certificates Bonds shall be registered in the name of the Nominee on the Registration Books. With respect to Certificates Bonds the ownership of which is shall be registered in the name of the Nominee, neither the District and Successor Agency nor the Trustee shall have no any responsibility or obligation to any Depository System Participant or to any person on behalf of which the District Depository System Participant holds an interest in the CertificatesBonds. Without limiting the generality of the immediately preceding sentence, neither the District and Successor Agency nor the Trustee shall have no any responsibility or obligation with respect to to (i) the accuracy of the records of the Depository, the Nominee or any Depository System Participant with respect to any ownership interest in the CertificatesBonds, (ii) the delivery to any Depository System Participant or any other person, other than a Certificate Bond Owner as shown in the Registration Books, of any notice with respect to the CertificatesBonds, including any notice of prepaymentredemption, (iii) the selection by the Depository of the beneficial interests in the Certificates Bonds to be prepaid if redeemed in the District event the Successor Agency elects to prepay redeem the Certificates Bonds in part, (iv) the payment to any Depository System Participant or any other person, other than a Certificate Bond Owner as shown in the Registration Books, of any amount with respect to principal principal, premium, if any, or interest represented by on the Certificates Bonds or (v) any consent given or other action taken by the Depository as Owner of the CertificatesBonds. The District Successor Agency and the Trustee may treat and consider the person in whose name each Certificate Bond is registered as the absolute owner of such Certificate Bond for the purpose of payment of principal principal, premium and interest represented by on such CertificateBond, for the purpose of giving notices of prepayment redemption and other matters with respect to such CertificateBond, for the purpose of registering transfers of ownership of such CertificateBond, and for all other purposes whatsoever. The Trustee shall pay the principal of and interest represented by and premium, if any, on the Certificates Bonds only to the respective Owners or their respective attorneys duly authorized in writing, and all such payments shall be valid and effective to fully satisfy and discharge all obligations with respect to payment of principal of and interest represented by and premium, if any, on the Certificates Bonds to the extent of the sum or sums so paid. No person other than a Certificate Bond Owner may shall receive a Certificate Bond evidencing the obligation of the District Successor Agency to make payments of principal principal, interest and interest under premium, if any, pursuant to this Trust AgreementIndenture. Upon delivery by the Depository to the Nominee of written notice to the effect that the Depository has determined to substitute a new Nominee nominee in its place, and subject to the provisions herein with respect to Record Dates, such new nominee shall become the Nominee hereunder for all purposes; and upon receipt of such a notice the District Successor Agency shall promptly deliver a copy of the same to the Trustee.