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<br />I '. <br />, ',\, <br /> . <br /> <br />. <br /> <br />. <br /> <br />All Bonds, or parts thereof, as the case may be, <br />redeemed pursuant to the provisions of this Section and the <br />appurtenant coupons, if any, shall be cancelled upon surrender <br />thereof and delivered to, or destroyed upon the order of, the <br />Agency. ' <br /> <br />C, Call and Redemption; Notice of Redemption. The <br />Agency may (and, if required by Section 15 hereof, shall) by <br />resolution direct the call and redemption prior to maturity of <br />Bonds by the Fiscal Agent in such amounts as there are funds <br />available for use in redemption and shall give notice to the <br />Fiscal Agent of the redemption at least sixty (60) days prior <br />to the redemption date. <br /> <br />Notice of redemption prior to maturity (except as <br />provided below) shall be given by publication at lease once <br />prior to the redemption date in a financial newspaper or <br />journal, printed in the English language, of general <br />circulation in Los Angeles, California and in the Bond Buyer <br />or other financial paper or newspaper circulated in and <br />customarily published on each business day in the City of New <br />York, New York. The publication shall not be less than thirty <br />(30) nor more than sixty (60) days prior to the redemption <br />date. In the case of refunding, notice shall also be given as <br />provided in Section 3 above. Notice of redemption shall also <br />be mailed not less than thirty (30) nor more than sixty (60) <br />days prior to the redemption date, (i) to the original <br />purchaser(s) of the Bonds (in the case of a syndicate, to the <br />manager thereof) and to any other Bondholder who files his name <br />and address with the Fiscal Agent for the purpose of receiving <br />notice, and (ii) if any Bond called for redemption is a Fully <br />Registered Bond, to the registered owner of each such Bond. <br />Neither the failure to mail the notice nor any defect in any <br />notice mailed shall affect the sufficiency of the proceedings <br />for the redemption of any Bonds. The notice of redemption <br />shall (a) state the redemption date; (b) state the redemption <br />price; (c) state the numbers of the Bonds to be redeemed; <br />provided, however, that whenever any call for redemption <br />includes the outstanding Bonds, the number of the Bonds need <br />not be stated; (d) require that Bearer Bonds be surrendered <br />with all interest coupons maturing subsequent to the redemption <br />date at the place or places of redemption; (e) state, as to any <br />Fully Registered Bonds redeemed in part only, the Registered <br />Bond numbers and the principal portion thereof to be redeemed; <br />and (f) state that interest on the principal portion of the <br />Bonds designated for redemption shall cease to accrue from and <br />after the redemption date and that on the redemption _date there <br />shall become due and payable on each of such Bonds the <br />redemption price for each Bond. If, at the time of giving <br />notice of redemption, no Bonds are outstanding except Fully <br />Registered Bonds, publication of the notice shall be deemed to <br />have been waived if notice shall have been mailed by registered <br /> <br />05-01-83 <br />4439P/2306/00 <br /> <br />21\ <br /> <br />-11- <br /> <br />¡:}-~ <br />