UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1962 [PAGE 1400]

Caption: Board of Trustees Minutes - 1962
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1962]

UNIVERSITY OF ILLINOIS

1397

due form, time, and manner, as required by law and the applicable resolutions of The Board of Trustees of the University of Illinois, and that provision has been made for setting aside the income and revenue to be derived from the operation of said facilities to be applied in the manner hereinabove set forth. I N WITNESS WHEREOF, T h e Board of Trustees of the University of Illinois has caused this bond to be executed by the facsimile signatures of its President and two of its members, the corporate seal of the University of Illinois to be hereto affixed (or a facsimile thereof to be reproduced hereon), and attested by its Secretary, and this bond to be dated as of the 1st day of , 19 T H E BOARD O F T R U S T E E S OF T H E UNIVERSITY OF ILLINOIS Attest: Secretary Member By — President Member

(Form of Principal Payment Record on Registered Bonds Without Coupons)

NOTATION OF PAYMENTS OF PRINCIPAL ON THE W I T H I N BOND BY REDEMPTION OR RETIREMENT OF A PORTION THEREOF.

Date

Principal Amount Paid

Balance of Principal Amount Outstanding

By

(Form of Assignment of Registered Bonds Without Coupons) For Value Received hereby sell, assign, and transfer unto the within mentioned bond together with accrued interest thereon, and all right, title, and interest thereto and hereby irrevocably constitute and appoint attorney to transfer the same on the books of Registration of the University, with full power of substitution in the premises. Dated Witness NOTE: T h e signature to this Assignment must correspond with the name as written on the face of the within bond in every particular, without alteration or enlargement or any change whatsoever. SECTION 1.5. Form of Coupon Series 1962 Bond. Coupon Series 1962 Bonds issuable under the terms of this Resolution and all unmatured coupons appertaining thereto shall be in customary form and as nearly as practicable in the form of the fully registered Series 1962 Bonds set forth herein with appropriate insertions, omissions, and variations to evidence the customary differences between a coupon bond and a bond without coupons. ARTICLE TWO

FIXED SINKING F U N D FOR SERIES 1962 BONDS

SECTION 2.1. The University covenants that so long as any of the Series 1962 Bonds shall remain outstanding it will pay or cause to be paid out of funds in the Fixed Sinking Fund Account as and for a sinking fund to be used for the retiremem of the Series 1962 Bonds, the sum of $200,000 in cash on October 1 of each of the years 1983 and 1984 (October 1 of each of said years being hereinafter referred to as "sinking fund payment dates"). SECTION 2.2. All amounts so paid as and for the sinking fund shall be applied