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<br />" <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />'. <br /> <br />As to Fully Registered Bonds, the Fiscal Agent shall <br />authenticate them on registration and/or exchange to effectuate <br />the registration and exchange provisions set forth in Section <br />9, and only those Bonds that have endorsed on them a <br />certificate of authentication, substantially in the form set <br />forth in Exhibit B, duly executed by the Fiscal Agent, shall be <br />entitled to any rights, benefits or security under this <br />Resolution. No Fully Registered Bonds shall be valid or <br />obligatory for any purpose unless and until the certificate of <br />authentication has been duly executed by the Fiscal Agent. The <br />certificate of the Fiscal Agent; upon any Fully Registered Bond <br />shall be conclusive and the only evidence that the Fully <br />Registered Bond has been duly authenticated and delivered under <br />this Resolution. The Fiscal Agent's certificate of <br />authentication on any Fully Registered Bond shall be deemed to <br />have been duly executed if signed by an authorized officer of <br />the Fiscal Agent, but it shall not be necessary that the same <br />officer sign the certificate of authentication on all of the <br />Fully Registered Bonds that may be issued hereunder. <br /> <br />Section 9. Types of Bonds, Registration and Exchange. <br />Two forms of Bonds have been provided: (l) those which shall <br />be initially issued and which are in negotiable form, payable <br />to bearer with negotiable coupons (herein sometimes referred to <br />as "Bearer Bonds"L and (2) those which are issued to <br />facilitate registration and so are issued as Fully Registered <br />Bonds payable to the registered owner (herein sometimes <br />referred to as "Fully Registered Bonds"). The Bearer Bonds are <br />not registrable by endorsement, but may be exchanged for Fully <br />Registered Bonds as provided herein. A Bearer Bond or Bearer <br />Bonds may be registered by exchanging the same for a Fully <br />Registered Bond or Fully Registered Bonds, as the case may be. <br />A Bearer Bond or Bearer Bonds and a Fully Registered Bond or <br />Fully Registered Bonds may be exchanged in whole for Bearer <br />Bonds or in part for such Bearer Bonds and the balance for <br />Fully Registered Bonds. Transfer of ownership of a Fully <br />Registered Bond or Fully Registered Bonds shall be made by <br />exchanging the same for a new Fully Registered Bond or Fully <br />Registered Bonds. All exchanges shall be made in such a manner <br />and upon such reasonable terms and conditions as may be <br />determined and prescribed by the Agency; provided, however, no <br />such exchange shall be made between the fifteenth (15th) day <br />preceding any interest payment date and the interest payment <br />date. The person, firm or corporation requesting the exchange <br />shall pay any costs or charges in connection with the exchange <br />as are established by the Fiscal Agent, in addition to paying <br />any tax or governmental charge that may be imposed in <br />connection with the exchange. Each Bearer Bond issued pursuant <br />to this Resolution shall be of a denomination which is $5,000 <br />or a whole multiple thereof and shall be of the same issue. <br /> <br />03-30-83 <br />4439P/2306/00 <br /> <br />-9- <br /> <br />3A <br />