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HomeMy WebLinkAbout0046_0044assignment,. in form and with- guarantee of, signatures' --satisfac- tory to -the Paying Agent/Registrar, evidencing assignment of this Bond or any 1 portion or portions hereof in any integral multiple of $5,000 to the assignee or"'assignees in whose name or names this Bond or any such portion or portions hereof is or are to be transferred and registered.' The form of Assignment printed or endorsed on this Bond shall be executed by the registered owner -or its duly authorized attorney or representa- tive,to evidence the., assignment. hereof.- A new Bond or Bonds payable to such assignee or assignees (which then will be the new. registered, owner or owners of such new Bond or Bonds), or to the previous registered owner in ,the case -of the assignment and transfer of only a portion of this Bond," may be- delivered by the Paying Agent/Registrar in conversion of and exchange for this Bond,, all in.the form and manner as provided in the next paragraph .hereof .for the conversion• and exchange of other Bonds. ; The Issuer shall pay the Paying Agent/Registrar's standard=or customary fees and charges for making such trans- fer, but.the one requesting such transfer shall pay any taxes or other governmental charges required to be paid with respect thereto. The Paying Agent/Registrar shall not be required to make transfers of registration of this Bond or any, portion hereof (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 any portion thereof called for redemption prior to maturity, within 45 days prior to,- its redemption date... - The registered ',owner , of this Bond `shall be.deemed. and treated by the:=Issuer and - the Paying Agent/Registrar as the absolute owner. hereof for all purposes, including payment and discharge of liability upon this Bond to the extent of ,such payment, and the. Issuer and °the Paying Agent/Registrar- shall not be affected byf any notice' to the contrary. . ALL BONDS OF THIS SERIES are issuable"solely - as fully registered bonds,.without interest coupons, in the°denomination of any integral multiple of $5, 000.., As�provided" in, the Bond Ordinance; this Bond, or, any unredeemed portion_hereof may, at the request of -the registered owner ; or- the- � assignee or as- .signees. hereof,.- be converted into and °exchanged i,for'; a like aggregate, principal amount of fully registered bonds,°without interest,co.upons, payable to the .appropriate registered owner, assignee,, or assignees, as the case may be,: having- the same` maturity -date, and bearing interest. at the: same rate; in any denomination or denominations .. in any integral multiple of $5,000" as requested, in writing by the appropriate registered owner,;. assignee, or assignees,., as the case may: be,.upon sur- render of this Bond to the Paying Agent/Registrar-for cancella- tion, -,.all in ancellation,-all.in accordance with the form and procedures set forth in ,the Bond Ordinance.. The Issuer shall pay the Paying Agent/Registrar's standard or customary fees and charges for transferring ,.converting, and exchanging any. Boiid or any portion thereof, but -the -one requesting such transfer, -,.conver- sion, and exchange shall pay any taxes or, governmental --charges required to be paid with respect thereto as =a condition prece- dentto the exercise of such privilege of conversion and exchange.,„The Paying.Agent/Registrar -shall not be.required to make any -such conversion and exchange, (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...a.or portion thereof called-for'redemption prior to maturity, within 45 days prior to its redemption date. IN.`THE +EVENT any Paying Agent/Registrar for the Bonds is changed by..the,Issuer, resigns, or otherwise ceases to act as such,,, the Issuer,has covenanted•in,,the Bond Ordinance that it promptly will 'appoint,- a competent. and legally qualified 14 .