Board of Visitors minutes :: November 30, 1984 :: University of Virginia Library

Board of Visitors minutes
November 30, 1984

THE RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA SERIES RESOLUTION Authorizing and Securing Fixed/Adjustable Rate Hospital Revenue Bonds (Series B) Adopted November 30, 1984

SERIES RESOLUTION THE RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA Fixed/Adjustable Rate Hospital Revenue Bonds (Series B) Adopted November 30, 1984

ARTICLE I. DEFINITIONS

ARTICLE II. FORM, EXECUTION, DELIVERY, REGISTRATION, TENDER AND PAYMENT OF BONDS

ARTICLE III. REMARKETING AND PURCHASE OF BONDS

SECTION 301. Remarketing of Tendered Bonds.

SECTION 302. Bond Purchase Commitment; Certifications.

SECTION 303. Disposition of Purchased Bonds.

SECTION 304. Bonds Purchased Under Credit Facility.

SECTION 305. No Purchases or Sales After Fixed Rate Date.

SECTION 306. No Sales of Bonds to University.

ARTICLE IV EXPIRATION OF CREDIT FACILITY; SUBSTITUTE CREDIT FACILITY; MANDATORY TENDER PROVISIONS

ARTICLE V. REDEMPTION OF BONDS

ARTICLE VI FUNDS AND ACCOUNTS

ARTICLE VII. THE PAYING AGENT, THE REMARKETING AGENT AND THE INDEXING AGENT

ARTICLE VIII. AMENDMENTS AND SUPPLEMENTS

ARTICLE IX. MISCELLANEOUS

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SECTION 303. Disposition of Purchased Bonds.

Bonds tendered or deemed to have been tendered to the Paying Agent for purchase and remarketed pursuant to Sections 301 and 302 shall be registered by the Paying Agent in the name of the transferee thereof.

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Bonds purchased by the University shall be cancelled by the Paying Agent. Bank Bonds held by the Paying Agent for the account of the Bank shall be held or delivered in accordance with Section 305 hereof.