Laserfiche WebLink
<br /> <br /> <br /> <br /> <br /> <br /> tory to the Paying Agent/ Registrar, evidencing assignment by the initial registered owner of this <br /> Certificate of Obligation, or any portion or portions hereof in any integral multiple of $5,000, to <br /> the assignee or assignees in whose name or names this Certificate of Obligation or any such <br /> portion or portions hereof is or are to be transferred and registered. Any instrument- or <br /> instruments of assignment satisfactory to the Paying Agent/Registrar may be used to evidence the <br /> assignment of this Certificate of Obligation or any such portion or portions hereof by the initial <br /> registered owner hereof. A new certificate of obligation or certificates of obligation payable to <br /> such assignee or assignees (which then will be the new registered owner or owners of such new <br /> Certificate of Obligation or Certificates of Obligation) or to the initial registered owner as to any <br /> portion of this Certificate of Obligation which is not being assigned and transferred by the initial <br /> registered owner, shall be delivered by the Paying Agent/Registrar in conversion of and exchange <br /> for this Certificate of Obligation or any portion or portions hereof, but solely in the form and <br /> manner as provided in the next paragraph hereof for the conversion and exchange of this <br /> <br /> Certificate of Obligation or any portion hereof. The registered owner of this Certificate of <br /> Obligation shall be deemed and treated by the Issuer and the Paying Agent/Registrar as the <br /> absolute owner hereof for all purposes, including payment and discharge of liability upon this <br /> Certificate of Obligation to the extent of such payment, and the Issuer and the Paying <br /> Agent/Registrar shall not be affected by any notice to the contrary. <br /> <br /> AS PROVIDED above and in the Certificate of Obligation Ordinance, this Certificate of <br /> Obligation, to the extent of the unpaid or unredeemed principal balance hereof, may be converted <br /> into and exchanged for a like aggregate principal amount of fully registered certificates of <br /> obligation, without interest coupons, payable to the assignee or assignees duly designated in <br /> writing by the initial registered owner hereof, or to the initial registered owner as to any portion <br /> of this Certificate of Obligation which is not being assigned and transfened by the initial <br /> registered owner, in any denomination or denominations in any integral multiple of $5,000 <br /> (subject to the requirement hereinafter stated that each substitute certificate of obligation issued <br /> in exchange for any portion of this Certificate of Obligation shall have a single stated principal <br /> maturity date), upon surrender of this Certificate of Obligation to the Paying Agent/Registrar for <br /> cancellation, all in accordance with the form and procedures set forth in the Certificate of <br /> Obligation Ordinance. If this Certificate of Obligation or any portion hereof is assigned and <br /> transferred or converted each certificate of obligation issued in exchange for any portion hereof <br /> shall have a single stated principal maturity date corresponding to the due date of the installment <br /> of principal of this Certificate of Obligation or portion hereof for which the substitute certificate <br /> of obligation is being exchanged, and shall bear interest at the rate applicable to and borne by such <br /> installment of principal or portion thereof. Such certificates of obligation, respectively, shall be <br /> subject to redemption prior to maturity on the same dates and for the same prices as the <br /> corresponding installment of principal of this Certificate of Obligation or portion hereof for which <br /> they are being exchanged. No such certificate of obligation shall be payable in installments, but <br /> shall have only one stated principal maturity date. AS PROVIDED IN THE CERTIFICATE OF <br /> <br /> OBLIGATION ORDINANCE, THIS CERTIFICATE OF OBLIGATION IN ITS PRESENT <br /> FORM MAY BE ASSIGNED AND TRANSFERRED OR CONVERTED ONCE ONLY, and to <br /> one or more assignees, but the certificates of obligation issued and delivered in exchange for this <br /> <br /> 6 <br />