Summary
The 2009 Bond Issuance Documents provide a comprehensive overview of the Amended and Restated Indenture of Trust between PICA and Meridian Bank, serving as the Trustee. It details the legal framework under which bonds are issued, including authorization, descriptions, execution, and payment terms. The document outlines the establishment of various trust funds, including the Debt Service Fund, Debt Service Reserve Fund, and Revenue Fund, to ensure proper allocation and management of bond proceeds. Provisions regarding bondholder rights, redemption options, and compliance with tax regulations are also included. Additionally, it describes the default procedures, remedies available to bondholders, and the Trustee’s responsibilities in overseeing fund distributions. The document emphasizes the legal and financial obligations necessary for maintaining bond security and compliance with relevant regulations.