with respect to the Series 2018 Bonds, and preparing and disseminating any required notice of its occurrence; (iii) Determining whether any person other than the University is an “obligated person” within the meaning of Rule 15c2-12 with respect to the Series 2018 Bonds, and obtaining from such person an undertaking to provide any annual financial information and notice of listed events for that person required under Rule 15c2-12; (iv) Selecting, engaging, and compensating designated agents and consultants, including financial advisors and legal counsel, to assist and advise the University in carrying out the Undertaking; and (v) Effecting any necessary amendment of the Undertaking. Section 17. Severability. If any one or more of the covenants or agreements provided in this Series Resolution to be performed on the part of the University shall be declared by any court of competent jurisdiction to be contrary to law, then each such covenant or agreement shall be null and void and shall be deemed separable from the remaining covenants and agreements in this Series Resolution and shall in no way affect the validity of the other provisions of this Series Resolution or of any Parity Bonds. Section 18. Effective Date. This Series Resolution shall be effective immediately upon its adoption. Any actions taken pursuant to this Series Resolution, prior to its effective date, are ratified and confirmed.
52919530.2
24
Made with FlippingBook - professional solution for displaying marketing and sales documents online