1985-61 CRA - Laserfiche WebLink

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. . I . . in substantially the same form and manner as the definitive fully registered Bonds. If the Agency issues temporary Bonds, it will execute and furnish definitive Bonds without delay, and, thereupon, the temporary Bonds shall be surrendered for cancellation at the principal office of the Fiscal Agent in New York, New York, or at such other place in California as the Agency may approve. The Fiscal Agent shall deliver ip exchange for the surrendered temporary Bonds an equal aggregate principal amount of definitive Bonds of authorized denominations of this same issue. Until exchanged, the temporary Bonds shall be entitled to the same benefits under this Resolution as definitive Bonds of this same issue, except no accrued interest shall be paid on the temporary Bonds until the exchange has been accomplished. Section 8. Execution of Bonds. The Bonds shall be signed on behalf of the Agency by its Chairman by facsimile signature and by its Secretary by facsimile signature, and the seal of the Agency shall be impressed, imprinted or reproduced thereon. The foregoing officers are hereby authorized and directed to sign the Bonds in accordance with this Section. If any Agency member or officer whose facsimile signature appears on the Bonds ceases to be a member or officer before the Date of Issuance of the Bonds, his or her signature shall be as effective as if he or she had remained in office until the Date of Issuance. The Fiscal Agent or its designated agent shall authenticate the Bonds on registration and/or exchange to effectuate the registration and exchange provisions set forth in Section 9, and only those Bonds that have endorsed on them a certificate of authentication, substantially in the form set forth in the form of Bond set forth in Exhibit A attached hereto and incorporated by reference herein, duly executed by the Fiscal Agent, shall be entitled to any rights, benefits or security under this Resolution. No Bonds shall be valid or obligatory for any purpose unless and until the certificate of authentication has been duly executed by the Fiscal Agent. The certificate of the Fiscal Agent upon any Bond shall be conclusive and the only evidence required that the Bond has been duly authenticated and delivered under this Resolution. The Fiscal Agent's certificate of authentication on any Bond shall be deemed to have been duly executed if signed by an authorized officer of the Fiscal Agent, but it shall not be necessary that the same officer sign the certificate of authentication on all of the Bonds that may be issued hereunder. Section 9. Registration and Exchange of Bonds. The Bonds shall be issued only in fully registered form. Fully registered Bonds may be exchanged for other Bonds of equal aggregate denominations. Transfer of ownership of a Bond or 12-28-85 0063k/2281/05 -14-