Laserfiche WebLink
40 <br />11. Denominations: Transfer: Exchange. All of the Bonds are of <br />like tenor except as to number, principal amount and registered owner. <br />The Bonds are issuable only in registered form without coupons in <br />denominations of $50,000 and any integral multiples thereof [except that <br />one Bond may be in the denomination of $ , and] except that, during <br />any Long Fixed Rate Period, the Bonds are issuable in denominations of <br />$5,000 and integral multiples thereof. The transfer of this Bond is <br />registrable by the registered owner hereof and this Bond may be exchanged <br />for an equal aggregate principal amount of Bonds of other authorized <br />denominations upon presentation and surrender of this Bond at the <br />principal corporate trust office of the Registrar and Paying Agent, <br />together with an assignment duly executed by the registered owner or his <br />duly authorized attorney or legal representative. The Registrar and <br />Paying Agent may require the person requesting any transfer or exchange to <br />reimburse it for any tax or other governmental charge payable in <br />connection therewith. The Registrar and Paying Agent is not required to <br />register the transfer of any Bond (except any transfer pursuant to a <br />purchase with amounts realized under the Credit Facility) (i) after a <br />notice of the redemption of such Bond or any portion thereof has been <br />mailed or (ii) prior to the Optional Tender Date for such Bond has been <br />received by the Remarketing Agent or (iii) prior to the Mandatory Tender <br />Date after a Mandatory Tender Notice has been mailed -- in each case <br />unless the transferee acknowledges in writing to the satisfaction of the <br />Registrar and Paying Agent the matters contained in such notice and, if <br />any Non -Tender Notice has been received by the Registrar and Paying Agent <br />with respect to any Bond referred to in clause (iii) of this paragraph, of <br />the delivery thereof. <br />12. Persons Deemed Owners. The registered owner of this Bond <br />shall be treated as the owner of this Bond for all purposes. <br />13, Notices. When the Registrar and Paying Agent or the Trustee is <br />required to give notice to the owner of this Bond, such notice shall be <br />mailed by first-class mail to the registered owner of this Bond at such <br />owner's address as it appears on the registration books maintained by the <br />Registrar and Paying Agent. Any notice mailed as provided herein will be <br />conclusively presumed to have been given, whether or not actually <br />received by the addressee. <br />A-13 <br />