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Ordinance with respect to interest checks being mailed to the Registered Owner at the close of <br />business on the Record date, the words "Cede & Co." in this Ordinance shall refer to such new <br />nominee of DTC. <br />(e) Successor Securities Depositorx; Transfers Outside Book-Entrv Onlv Svstem. ln the <br />event that the Issuer determines that DTC is incapable of discharging its responsibilities described <br />herein and in the representations letter of the Issuer ta DTC or that it is in the best interest of the <br />beneficial owners of the Certificates that they be able to obtain certificated Certificates, the Issuer <br />shall (i) appoint a successor securities depository, qualified to act as such under Section 17A of the <br />Securities and Exchange Act of 1934, as amended, notify DTC and DTC Participants of the <br />appointment of such successor securities depository and transfer one or more separate Certificates <br />to such successor securities depository or (ii) notify DTC and DTC Participants of the availability <br />through DTC of Certificates and transfer one or more separate certificated Certificates to DTC <br />Participants having Certificates credited to their DTC accounts. ln such event, the Certificates shall <br />no longer be restricted to being registered in the Registration Books in the name of Cede & Co., as <br />nominee of DTC, but may be registered in the name af the successor securities depository, or its <br />nominee, or in whatever name or names Registered Owners transferring or exchanging Certificates <br />shall designate, in accordance with the provisions of this Ordinance. <br />(f) Pavments to Cede & Co. Notwithstanding any other pravision of this Ordinance to <br />the contrary, so long as any Certificate is registered in the name of Cede & Co., as nominee of DTC, <br />all payments with respect to principal of and interest on such Certificate and all notices with respect <br />to such Certificate shall be made and given, respectively, in the manner provided in the <br />representations letter of the Issuer to DTC. <br />(g) Cancellation of initial Certificate. On the closing date, one initial Certificate <br />representing the entire principal amount of the Certificates, payable in stated installments to tbe <br />purchaser designated in Section 11 or its designee, executed by manual or facsimile signature af the <br />Mayor and City Secretary of the Issuer, approved by the Attorney General of Texas, and registered <br />and manually signed by the Comptroller of Public Accaunts of the State of Texas, will be delivered <br />to such purchaser or its designee. Upon payment for the initial Certificate, the Paying <br />Agent/Registrar shall cancel the initial Certificate and deliver to the Depository Trust Company on <br />behalf of such purchaser one registered definitive Certificate for each year of maturity of the <br />Certificates, in the aggregate principal amount of al1 of the Certificates for such maturity. <br />(h) Conditional Notice of Redemption. With respect to any optional redeinption of the <br />Certificates, unless certain prerequisites to such redemption required by this Ordinance have been <br />met and moneys sufficient to pay the principal of and premium, if any, and interest on the <br />Certificates to be redeemed shall have been received by the Paying Agent/Registrar prior to the <br />giving of such notice of redemption, such notice shall state that said redemption may, at the option <br />of the Issuer, be conditional upon the satisfaction of such prerequisites and receipt of such moneys <br />by the Paying Agent/Registrar on or prior to the date fixed for such redemption, or upon any <br />prerequisite set forth in such notice of redemption. If a conditional notice of redemption is given <br />and such prerequisites to the redemption and sufficient moneys are not received, such notice shall <br />n <br />