1981-040 CRA - Laserfiche WebLink

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. . . . . ""'~"O~". " Principal Office of the Trustee, by the registered owner there.of in pers.on or by his attorney duly authorized in writing, upon surrender thereof t.ogether with a written instrument of transfer satisfactory to the Trustee duly executed by the registered owner or his duly authorized attorney. Upon the transfer of any such Fully Registered Bond, the Trustee shall issue in the name of the transferee a new Fully Registered Bond or Bonds or, at the option of the transferee, Bearer Bond or Bonds, with appropriate c.oupons attached, of the same aggregate principal amount and maturity as the surrendered Bond. (B) The Trustee may deem and treat the pers.on in whose name any Outstanding Fully Registered Bond shall be registered upon the books of the Trustee as the absolute owner of such Bond, whether such Bond shall be overdue or not, for the purpose of receiving payment .of, or on account of,. the Principal Installment or Redempti.on Price of and interest on such Bond and f.or all other purposes; and all such payments so made t.o any such registered owner or upon his order shall be valid and effectual to satisfy and discharge the liability upon such Bond t.o the extent of the sum or sums so paid; and neither the Agency nor the Trustee shall be affected by any notice to the contrary. The Agency agrees to indemnify and save the Trustee harmless from and against any and all loss, cost, charge, expense, judgment or liability incurred by it, acting in good faith and without negligence hereunder, in so treating such registered owner. 308. Regulations with Respect to'Exchanges and Transfers. In all cases in which the privilege of exchanging B.onds or transferring Fully Registered 'Bonds is exercised, the Agency shall execute and the Trustee shall authenticate and deliver Bonds in accordance with the provisions of this Resolution. All Registered Bonds surrendered in any such exchanges or transfers shall forthwith be cancelled by the Trustee. All Bearer Bonds and the coupons appertaining to such B.onds surrendered in any such exchanges or transfers shall be retained in the possession of the Trustee for the purpose of reissuance upon subsequent exchanges; and the Trustee, pri.or to reissuance of any such Bearer B.onds, shall detach therefrom and cancel all matured coupons. For every such exchange or transfer of Bonds, whether temporary or definitive, the Agency or the Trustee may make a charge sufficient to reimburse it for any tax, fee or other governmental charge required t.o be paid with respect to such exchange or transfer (other than such as may have been imposed by the Agency) and, after the first such exchange or transfer, to cover the costs of preparing each new Bearer Bond or Registered Bond and other expenses of the Agency or Trustee incurred in connection therewith, which sum or sums shall be paid by the person requesting such exchange or transfer as a condition precedent to the exercise of the privilege of making such exchange or transfer. Notwithstanding any other provision of this Resolution, the cost of preparing each new Bearer Bond or Fully Regi stered Bond upon the first exchange or transfer, and any other expenses of the Agency or the Trustee incurred in c.onnection therewith (except any applicable tax, fee or other governmenta 1 charge), shall be paid by the Agency. The Trustee shall not be obl igated t.o make any such exchange or transfer of Bonds during the fifteen (15) days next preceding an Interest Payment Date, or, in the case of any proposed redempti.on of Bonds, next preceding the date of the first publication of notice of such redemption. 22