DEBENTURE TRUST DEED PURPOSE OF REPORT ...

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THIRD SCHEDULE STOCK ISSUANCE CERTIFICATE I, [name], the Chief Executive of Kapiti Coast District Council (the Council) hereby certify that: 1. the issue of [type of Stock] with a [maximum aggregate nominal amount of $[ ]][nominal amount equal to the aggregate amount, from time to time, of the liabilities, advances and other accommodation or obligations referred to in the Stock Certificate for that Stock 1 ] (the New Stock) under the terms of the Debenture Trust Deed dated on or about [ ] (the Trust Deed) has been duly authorised by the Council, or has been authorised by a person or persons within the delegated authorities approved by the Council; 2. as at the date of this certificate (but prior to the issuance of the New Stock if it is to be issued on the date of this certificate) the total nominal amount of Stock issued and outstanding under the Trust Deed (showing separately the respective total nominal amounts) is as follows: (i) Debenture Stock of: (ii) Security Stock (issued with a fixed nominal amount) of: [(iii) Bearer Stock of: [together with: (iv) Security Stock (issued with a floating nominal amount), which as at [date] (being no more than 5 business days before the date of this certificate) amounted to: [specify for each currency] 3. no Enforcement Event has occurred and remains unremedied; $ $ $ ] 4. for the purposes of section 115(3) of the Act, the loans or obligations secured by the New Stock have been raised for the benefit of [all/defined part] of the Council's district; 5. for the purposes of section 118 of the Act, the Council has complied with the Act in entering into and the performance of its obligations under the Trust Deed, the Registrar and Paying Agency Agreement and all other obligations entered into by the Council in connection with the Council's borrowing and granting security under the Trust Deed, including in respect of the New Stock. This Certificate is given by me as Chief Executive of the Council in good faith on behalf of the Council and I shall have no personal liability in connection with the issuing of this Certificate. Unless otherwise defined or the context otherwise requires, terms with a defined meaning in the Trust Deed shall have the same meaning where used in this Certificate. 1 [The initial nominal amount of the Security Stock issued with a floating nominal amount under this Certificate is [ ].]
- ii - Debenture Trust Deed Page ii Dated: ______________________________________ Chief Executive Kapiti Coast District Council KCDC_n367613_v1_Fin-13-825_Appendix_1_Copy_of_Report_Fin-12-593_from_28_June_Council © Simpson Grierson
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Mayor and Councillors COUNCIL DEBEN
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Appendix 1 - Fin-13-825 Fin-12-593
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Appendix 1 - Fin-13-825 Fin-12-593
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TABLE OF CONTENTS Appendix 1 Fin-13
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Debenture Trust Deed 2 Definitions:
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Debenture Trust Deed 4 "Paying Agen
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Debenture Trust Deed 6 "Transitiona
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Debenture Trust Deed 8 as regards t
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Debenture Trust Deed 10 Advice to T
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Debenture Trust Deed 12 Validity: N
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Debenture Trust Deed 14 REGISTER OF
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Debenture Trust Deed 16 INDEMNITY B
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Debenture Trust Deed 18 BEARER STOC
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Debenture Trust Deed 20 person in a
Page 29 and 30: Debenture Trust Deed 22 except that
Page 31 and 32: Debenture Trust Deed 24 date of suc
Page 33 and 34: Debenture Trust Deed 26 distinguish
Page 35 and 36: Debenture Trust Deed 28 of any prov
Page 37 and 38: Debenture Trust Deed 30 of this Dee
Page 39 and 40: Debenture Trust Deed 32 satisfied t
Page 41 and 42: Debenture Trust Deed 34 becoming en
Page 43 and 44: Debenture Trust Deed 36 Essential S
Page 45 and 46: Debenture Trust Deed 38 Application
Page 47 and 48: Debenture Trust Deed 40 Priority Am
Page 49 and 50: Debenture Trust Deed 42 ALTERATIONS
Page 51 and 52: Debenture Trust Deed 44 the Council
Page 53 and 54: Debenture Trust Deed 46 SIGNED for
Page 55 and 56: Stock Certificate No: [ ] FIRST SCH
Page 57 and 58: - iii - Debenture Trust Deed Page i
Page 59 and 60: Stock Certificate No: [ ] FIRST SCH
Page 63 and 64: - v - Debenture Trust Deed Page v (
Page 65 and 66: espect of advances and in respect o
Page 67 and 68: CONDITIONS 1. SUBJECT as herein pro
Page 69 and 70: FIRST SCHEDULE PART IV FURTHER COND
Page 71 and 72: SECOND SCHEDULE MEETINGS OF STOCKHO
Page 75 and 76: - v - Debenture Trust Deed Page v (
Page 77 and 78: - vii - Debenture Trust Deed Page v
Page 79: - ix - Debenture Trust Deed Page ix
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DEBENTURE TRUST DEED PURPOSE OF REPORT ...

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