HomeMy WebLinkAbout0131_0030PAYING AGENT/REGISTRAR S AUTHENTICATION CERTIFICATE
It is hereby certified that this Bond has been issued
under the provisions of the Bond Ordinance described on the
face of this Bond and that this Bond has been issued in
conversion of and exchange for or replacement of a bond bonds
or a portion of a bond or bonds of an issue which originally
was approved by the Attorney General of the State of Texas and
registered by the Comptroller of Public Accounts of the State
of Texas
Dated
Paying Agent/Registrar
By
Authorized Representative
An authorized representative of the Paying Agent/Registrar
shall before the delivery of any such Bond date and manually
sign the above Certificate and no such Bond shall be deemed to
be issued or outstanding unless such Certificate is so ex-
ecuted The Paying Agent/Registrar promptly shall cancel all
Bonds surrendered for conversion and exchange or replacement
No additional ordinances orders or resolutions need be passed
or adopted by the governing body of the Issuer or any other
body or person so as to accomplish the foregoing conversion and
exchange or replacement of any Bond or portion thereof and the
Paying Agent/Registrar shall provide for the printing execu-
tion and delivery of the substitute Bonds in the manner pre-
scribed herein and said Bonds shall be of type composition
printed on paper with lithographed or steel engraved borders of
customary weight and strength Pursuant to Vernon s Ann Tex
Civ St Art 717k-6 and particularly Section 6 thereof the
duty of conversion and exchange or replacement of Bonds as
aforesaid is hereby imposed upon the Paying Agent/Registrar
and upon the execution of the above Paying Agent/Registrar s
Authentication Certificate the converted and exchanged or
replaced Bond shall be valid incontestable and enforceable
in the same manner and with the same effect as the Initial Bond
which originally was issued pursuant to this Ordinance ap-
proved by the Attorney General and registered by the Comp-
troller of Public Accounts The Issuer shall pay the Paying
Agent/Registrar s standard or customary fees and charges for
transferring converting and exchanging any Bond or any
portion thereof but the one requesting any such transfer
conversion and exchange shall pay any taxes or governmental
charges required to be paid with respect thereto as a condition
precedent to the exercise of such privilege of conversion and
exchange The Paying Agent/ Registrar shall not be required to
make any such conversion and exchange or replacement of Bonds
or any portion thereof (i) during the period commencing with
the close of business on any Record Date and ending with the
opening of business on the next following principal or interest
payment date or (ii) with respect to any Bond or portion
thereof called for redemption prior to maturity within 45 days
prior to its redemption date
(e) In General All Bonds issued in conversion and
exchange or replacement of any other Bond or portion thereof
(i) shall be issued in fully registered form without interest
coupons with the principal of and interest on such Bonds to be
payable only to the registered owners thereof (ii) may be
redeemed prior to their scheduled maturities (iii) may be
transferred and assigned (iv) may be converted and exchanged
for other Bonds (v) shall have the characteristics (vi) shall
be signed and sealed and (vii) the principal of and interest
on the Bonds shall be payable all as provided and in the
manner required or indicated in the FORM OF SUBSTITUTE BOND
set forth in this Ordinance
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