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<br />. <br /> <br />. <br /> <br />. <br /> <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 issued by <br />the Fiscal Agent upon the same conditions and in substantially <br />the same form and manner as the definitive Fully Registered <br />Bonds. If the Agency issues temporary Bonds, it will execute <br />and furnish definitive Bonds without delay, and, thereupon, the <br />temporary Bonds shall be surrendered for cancellation at the <br />principal office of the Fiscal Agent in Los Angeles, <br />California, or at such other place in California as the Agency <br />may approve. The Fiscal Agent shall deliver in exchange for <br />the surrendered temporary Bonds an equal aggregate principal <br />amount of definitive Bearer Bonds or definitive Fully <br />Registered Bonds without coupons of authorized denominations of <br />this same issue. Until exchanged, the temporary Bonds shall be <br />entitled to the same benefits under this Resolution as <br />definitive Bonds of this same issue, except no accrued interest <br />shall be paid on the temporary Bonds until the exchange has <br />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 Executive Director by manual signature, <br />and the seal of the Agency shall be impressed, imprinted or <br />reproduced thereon. The interest coupons on the Bonds shall be <br />signed by the Executive Director by facsimile signature. The <br />foregoing officers are hereby authorized and directed to sign <br />the Bonds and coupons in accordance with this Section. If any <br />Agency member or officer whose manual or facsimile signature <br />appears on the Bonds or coupons ceases to be a member or <br />officer before delivery of the Bonds, hisjher signature is as <br />effective as if he or she had remained in office, <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 <br />Bond, 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 /> <br />02-22-83 <br />4l41P/2306/00 <br /> <br />-8- <br /> <br />fi~~ <br /> <br />3A <br />