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<br />. <br /> <br />. <br /> <br />. <br />. <br /> <br />. <br />. <br /> <br />(together wi th any matured coupons in defaultapperta in ing thereto), may, at <br />the option of the Holder thereof, be exchanged for an "equal aggregate <br />principal amount of Fully Registered Bonds of the same maturity of any of the <br />authorized denominations. <br /> <br />Fully Registered Bonds, upon surrender thereof at the Principal <br />Office of the Trustee with a written instrument of transfer satisfactory to <br />the Trustee, duly executed by the registered owner or his attorney duly <br />authorized in writing, may, at the option of the registered owner thereof, be <br />exchanged for an equal aggregate principal amount of coupon Bonds of the same <br />maturity or maturities with appropriate coupons attached. <br /> <br />209. Negotiability, Transfer and Registry. All the Bonds issued under <br />this Resolution shall be negotiable subject to the provisions for registration <br />and transfer contained in this Resolution and in the Bonds. So long as any of <br />the Bonds remain Outstanding, the Agency shall make all necessary provisions <br />to permit the exchange of Bonds at the Principal Office of the Trustee. <br /> <br />210. Transfer of Coupon Bonds. The Trustee and any Paying Agent may <br />treat the bearer of any coupon as the absol ute owner thereof, whether such <br />coupon shall be overdue or not, for the purpose of receiving payment thereof <br />and for all other purposes whatsoever, and may treat the bearer of any coupon <br />Bond as the absolute owner of such Bond, whether such Bond shall be overdue or <br />not, for the purpose of 'receiving payment of the principal, or Redemption <br />Price thereof and for' all other purposes whatsoever, and neither the Agency, <br />nor the Trustee nor any Paying Agent shall be affected by any notice to the <br />contrary. The Agency agrees to indemnify and save the Trustee and each Paying <br />Agent harmless from and against any and all loss, cost, charge, expense, <br />judgment or liability, including costs and expenses of litigation and <br />attorneys' fees, incurred by the Trustee and each Paying Agent, acting in good <br />faith and without gross negligence hereunder, in so treating such bearer. <br /> <br />211. Transfer of Fully Registered Bonds. <br /> <br />(A) Each Fully Registered Bond shall be transferable only upon <br />the Bond Register of the Trustee, which shall be kept for such purpose at the <br />Principal Office of the Trustee, by the registered owner thereof in person or <br />by his attorney duly authorized in writing, upon surrender thereof, together <br />with a written instrument of transfer satisfactory to the Trustee duly <br />executed by the registered owner or his duly authorized attorney. Upon the <br />transfer of any such Fully Registered Bond, the Trustee shall issue in the <br />name of the transferee a new Fully Registered Bond or Bonds or, at the option <br />of the transferee, coupon Bonds, with appropriate coupons attached, of the <br />same aggregate principal amount and maturity as the surrendered Bonds. <br /> <br />(B) The Trustee may deem and treat the person in whose name any <br />Outstanding Fully Registered 8ond shall be registered upon the Bond Register <br />of the Trus tee as the absolute owner of such Bond, whether such Bond shall be <br />overdue or not, for the purpose of receiving payment of, or on account of, the <br />principal of, or Redemption Price, if any, and interest on such Bond and for <br /> <br />18 <br />