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<br /> <br /> <br /> <br /> <br /> <br /> Issuer's obligations with respect to payment of principal of, premium, if any, and interest on, or <br /> as the case may be, the Certificates of Obligation to the extent of the sum or sums so paid. No <br /> person other than an owner, as shown in the Registration Books, shall receive a Certificate of <br /> Obligation certificate evidencing the obligation of the Issuer to make payments of principal, <br /> premium, if any, and interest, as the case may be, pursuant to this Ordinance. Upon delivery by <br /> DTC to the Paying Agent/Registrar of written notice to the effect that DTC has determined to <br /> substitute a new nominee in place of Cede & Co., and subject to the provisions in this Ordinance <br /> with respect to interest checks being mailed to the registered owner at the close of business on the <br /> Record Date, the word "Cede & Co." in this Ordinance shall refer to such new nominee of DTC. <br /> <br /> (i) Successor Securities Denosito • Transfers Outside Book-Entrv Only Svstem. In the <br /> event that the Issuer or the Paying Agent/Registrar determines that DTC is incapable of <br /> discharging its responsibilities described herein and in the representation letter of the Issuer to <br /> DTC and that it is in the best interest of the beneficial owners of the Certificates of Obligation that <br /> <br /> they be able to obtain certificated Certificates of Obligation, the Issuer or the Paying <br /> Agent/Registrar shall (i) appoint a successor securities depository, qualified to act as such under <br /> Section 17(a) of the Securities and Exchange Act of 1934, as amended, notify DTC and DTC <br /> Participants of the appointment of such successor securities depository and transfer one or more <br /> separate Certificates of Obligation to such successor securities depository or (ii) notify DTC and <br /> DTC Participants of the availability through DTC of Certificates of Obligation and transfer one <br /> or more separate Certificates of Obligation to DTC Participants having Certificates of Obligation <br /> credited to their DTC accounts. In such event, the Certificates of Obligation shall no longer be <br /> restricted to being registered in the Registration Books in the name of Cede & Co., as nominee <br /> of DTC, but may be registered in the name of the successor securities depository, or its nominee, <br /> or in whatever name or names Certificate of Obligation holders transferring or exchanging <br /> Certificates of Obligation shall designate, in accordance with the provisions of this Ordinance. <br /> <br /> (j) Payments to Cede & Co. Notwithstanding any other provision of this Ordinance to <br /> the contrary, so long as any Certificate of Obligation is registered in the name of Cede & Co., as <br /> nominee of DTC, all payments with respect to principal of, premium, if any, and interest on, or <br /> as the case may be, such Certificate of Obligation and all notices with respect to such Certificate <br /> of Obligation shall be made and given, respectively, in the manner provided in the representation <br /> letter of the Issuer to DTC. <br /> <br /> Section 7. FORM OF SUBSTITUTE CERTIFICATE OF OBLIGATION. The form of <br /> all Certificates of Obligation issued in conversion and exchange or replacement of any other <br /> Certificate of Obligation or portion thereof, including the form of Paying Agent/Registrar's <br /> Certificate to be printed on each of such Certificates of Obligation, and the Form of Assignment <br /> to be printed on each of the Certificates of Obligation, shall be, respectively, substantially as <br /> follows, with such appropriate variations, omissions, or insertions as are permitted or required <br /> by this Ordinance. <br /> <br /> <br /> <br /> 15 <br />