Ordinance No. 19551 - Laserfiche WebLink

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Bond, or to institute suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Owner. 9.3.4. No Remedy Exclusive. No remedy by the terms of this ordinance conferred upon or reserved to the Owners of the Bonds is intended to be exclusive of any other remedy, but each and every such remedy shall be cumulative and shall be in addition to any other remedy given hereunder to the Trustee or to the Owners of the Bonds or now or hereafter existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any Event of Default shall impair any such right or power or shall be construed to be a waiver of any such Event of Default or acquiescence therein; and every such right and power may be exercised from time to time and as often as may be deemed expedient. Na waiver of any Event of Default hereunder shall extend to or shall affect any subsequent Event of Default or shall impair any rights or remedies consequent thereon. 9.3.5. Discontinuance of Proceedings. In case the Trustee or the Owners of Bonds shall have proceeded to enforce any right under this Ordinance and such proceedings shall have been discontinued or abandoned for any reason, or shall have been determined adversely, then and in every such case the City, the Trustee and Owners of the Bonds shall be restored to their farmer positions and rights, and all rights, remedies and powers of the Trustee shall continue as if no such proceedings had been taken, 9.4. Consents, etc., of Bondowners. Any consent, request, direction, approval, objection or other instrument required by this Ordinance to be signed and executed by the Bondowners may be in any number of concurrent writings of similar tenor and may be signed or executed by such Bondowners in person or by agent appointed in writing. Proof of the execution of any such consent, request, direction, approval, objection or other instrument or of the writing appointing any such agent and, subject to the provisions of Section 8 hereof, of the ownership of Bonds, if made in the manner hereinafter in this section set forth shall be sufficient for any of the purposes of this Ordinance and shall be conclusive in favor of the City and the Trustee with regard to any action taken under such request or other instrument. The fact and date of the execution by any person of any such writing may be proved by the certificate of any officer in any jurisdiction who by law has power to take acknowledgments within such jurisdiction that the person signing such writing acknowledged before him the execution thereof. or by the affidavit of any witness to such execution. The fact of the holding by any person of Bonds transferable by delivery and the amounts and numbers of such Bonds, and the date of the holding of same, may be proved by a certificate executed by any trust company, bank or banker, wherever situated, stating that at the date thereof the party named therein did exhibit to an officer of Page 58 ~- Ordinance