02 GO Refunding Bond Ordinance - Laserfiche WebLink

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Bonds and transfer one or more separate Bonds to DTC Participants having Bonds credited to their DTC accounts. In such event, the Bonds shall no longer be resthcted to being registered in the Registration Books in the name of Cede & Co., as nominee of DTC, but may be registered in the name of the successor securities depository, or its nominee, or in xvhatever name or names Bondholders transfemng or exchanging Bonds shall designate, in accordance xvith the provisions of this Ordinance. (j) Payments to Cede & Co. Not~vithstanding any other provision of this Ordinance to the contrary, so long as any Bond is registered in the name of Cede & Co., as nominee of DTC, all payments xvith respect to principal of, premium, if any, and interest on, or as the case may be, such Bond and all notices xvith respect to such Bond shall be made and given, respectively, in the manner provided in the representation letter of the Issuer to DTC. Section 7. FORM OF SUBSTITUTE BONDS. The form of all Bonds issued in conversion and exchange or replacement of any other Bond or portion thereof, including the form of Paying Agent/Registrar's Certificate to be printed on each of such Bonds, and the Form of Assignment to be printed on each of the Bonds, shall be, respectively, substantially as folloxvs, xvith such appropriate variations, omissions, or insertions as are permitted or required by this Ordinance. FORM OF SUBSTITUTE BOND PRINCIPAL AMOUNT NO. $ UNITED STATES OF AMERICA STATE OF TEXAS COUNTY OF LAMAR CITY OF PARIS, TEXAS GENERAL OBLIGATION REFUNDING BOND, SERIES 2003 DATE OF ORIGINAL ISSUE SEPTEMBER 1, 2003 CUSIP NO. ON THE MATURITY DATE specified above, the CITY OF PARIS, in LAMAR COUNTY (the "Issuer"), being a political subdivision of the State of Texas, hereby promises to pay to or to the registered assignee hereof (either being hereinafter called the "registered oxvner") the principal amount of and to pay interest thereon from September 1, 2003 to the maturity date specified above, at the interest rate per annum specified above; xvith interest being payable on December 15, 2003 and semiannually thereafter on each June 15 and December 15, except that if the date of authentication of this Bond is later than November 30, 2003, such principal amount shall bear interest from the interest payment date next preceding the date of authentication, unless such date of authentication is after any Record Date (hereinafter defined) but on or before the next folloxving interest payment date, in xvhich case such principal amount shall bear 13