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<br />1--- <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />Section 7. Form of Bonds. The Bonds shall be <br />substantially in the form annexed hereto as Exhibit "A". Such <br />form is hereby approved and adopted as the form of the Bonds <br />and of the redemption, exchange, registration and assignment <br />provisions pertaining to them, with necessary or appropriate <br />variations, omissions, and insertions, as permitted or required <br />by this Resolution. <br /> <br />Any Bonds issued pursuant to this Resolution may be <br />initially issued in temporary form exchangeable for definitive <br />Bonds when the same are ready for delivery. The temporary <br />Bonds may be printed, lithographed or typewritten, shall be of <br />such denominations as may be determined by the Agency, shall be <br />without coupons and may contain references to any of the <br />provisions of this Resolution as may be appropriate. Every <br />temporary Bond shall be executed by the Agency and be <br />authenticated by the Fiscal Agent upon the same conditions and <br />in substantially the same form and manner as the definitive <br />fully registered Bonds. If the Agency issues temporary Bonds, <br />it will execute and furnish definitive Bonds without delay, <br />and, thereupon, the temporary Bonds shall be surrendered for <br />cancellation at the principal office of the Fiscal Agent in New <br />York, New York, or at such other place in California as the <br />Agency may approve. The Fiscal Agent shall deliver in exchange <br />for the surrendered temporary Bonds an equal aggregate <br />principal amount of definitive Bonds of authorized <br />denominations of this same issue. Until exchanged, the <br />temporary Bonds shall be entitled to the same benefits under <br />this Resolution as definitive Bonds of this same issue, except <br />no accrued interest shall be paid on the temporary Bonds until <br />the exchange has been accomplished. <br /> <br />Section 8, Execution of Bonds. The Bonds shall be <br />signed on behalf of the Agency by its Chairman by facsimile <br />signature and by its Secretary by facsimile signature, and the <br />seal of the Agency shall be impressed, imprinted or reproduced <br />thereon. The foregoing officers are hereby authorized and <br />directed to sign the Bonds in accordance with this Section. If <br />any Agency member or officer whose facsimile signature appears <br />on the Bonds ceases to be a member or officer before the Date <br />of Issuance of the Bonds, his or her signature shall be as <br />effective as if he or she had remained in office until the Date <br />of Issuance. <br /> <br />The Fiscal Agent or its designated agent shall <br />authenticate the Bonds on registration and/or exchange to <br />effectuate the registration and exchange provisions set forth <br />in Section 9, and only those Bonds that have endorsed on them a <br />certificate of authentication, substantially in the form set <br />forth in the form of Bond set forth in Exhibit A attached <br />hereto and incorporated by reference herein, duly executed by <br />the Fiscal Agent, shall be entitled to any rights, benefits or <br />security under this Resolution. No Bonds shall be valid or <br />obligatory for any purpose unless and until the certificate of <br /> <br />12-02-85 <br />9559p/2281/01 <br /> <br />-13- <br />