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<br />': ,. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />, 1 <br /> <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: (1) 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"), 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 the denomination of $5,000. <br />Each Fully Registered Bond issued pursuant to this Resolution <br />shall be of a denomination which is $5,000 or a whole multiple <br />thereof and shall be of the same issue, <br /> <br />Section 10. Bond Register. The Fiscal Agent will keep <br />at its principal office in the City of Los Angeles, California, <br />or at such other place in California as the Agency may approve, <br />sufficient books for the registration and transfer of the <br />Bonds. The books shall at all times be open to inspection by <br />the Agency; and, upon presentation for such purpose, the Fiscal <br />Agent shall under such reasonable regulations as it may <br />prescribe, register or transfer, or cause to be registered or <br />transferred, on the register, the Bonds as hereinbefore <br />provided. <br /> <br />Section 11. Call and Redemption and Purchase of Bonds <br />Prior to Maturity. <br /> <br />A. Optional Redemption. The outstanding Bonds, or <br />any of them, may be called before maturity and redeemed at the <br /> <br />02-22-83 <br />4141P/2306/00 <br /> <br />-9- ft-J. b <br /> <br />SA <br />