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Bonds designated for redemption shall not affect the of the proceedings for redemption with the <br />Owners to whom such notice was mailed. <br />(g) With respect to any notice of optional redemption of the 2024 Bonds, such notice <br />shall state that such redemption shall be conditional upon the receipt by the Trustee on or prior to <br />the date fixed for such redemption of moneys sufficient to pay the principal of, premium, if any, <br />and interest on such 2024 Bonds to be redeemed and that, if such moneys shall not have been so <br />received, said notice shall be of no force and effect and the Trustee shall not be required to redeem <br />such 2024 Bonds. In the event that such notice of redemption contains such a condition and such <br />moneys are not so received, the redemption shall not be made, and the Trustee shall within a <br />reasonable time thereafter give notice in the manner in which the notice of redemption was given, <br />that such moneys were not so received. <br />(h) All 2024 Bonds redeemed pursuant to the provisions of this Section or Section <br />6.03(b) shall be cancelled by the Trustee and shall not be reissued, and the Trustee shall deliver a <br />certificate of cancellation to the Authority. In the event of an optional redemption pursuant to <br />Section 3.02(a), the Authority shall provide the Trustee with a revised sinking fund schedule giving <br />effect to the optional redemption so completed. <br />SECTION 3.03. Form of 2024 Bonds. The 2024 Bonds and the authentication and <br />registration endorsement and assignment to appear thereon shall be substantially in the form set <br />forth on Exhibit A. <br />ARTICLE IV <br />ISSUANCE OF ADDITIONAL BONDS <br />SECTION 4.01. Conditions for the Issuance of Additional Bonds. The Authority <br />may at any time issue Additional Bonds payable from the Revenues as provided herein and secured <br />by a pledge of the Revenues as provided herein equal to the pledge securing the Outstanding Bonds <br />theretofore issued hereunder, but only subject to the following specific conditions, which are <br />hereby made conditions precedent to the issuance of any such Additional Bonds: <br />(a) The Authority shall be in compliance with all agreements and covenants <br />contained herein and all agreements and covenants contained in the Installment Purchase <br />Agreement. <br />(b) The Authority shall have satisfied the requirements set forth in Section 5.03 <br />of the Installment Purchase Agreement. <br />(c) The issuance of such Additional Bonds shall have been authorized by the <br />Authority and shall have been provided for by Supplemental Indenture which shall specify <br />the following: <br />(1) The purpose for which such Additional Bonds are to be issued; <br />provided that such Additional Bonds shall be applied solely for the purpose of (i) <br />financing or refinancing additional improvements to the Project, including payment <br />20 <br />55394.00068\42092121.3 <br />