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accepting delivery of the Bonds, agrees to be bound by the provisions of this subsection <br />(c). If, prior to the termination of the Depository acting as such, the City fails to identify <br />another Securities Depository to replace the Depository, then the Bonds shall no longer <br />be required to be registered in the Registration Books in the name of the Nominee, but <br />shall be registered in whatever name or names the Owners transferring or exchanging <br />Bonds shall designate, in accordance with the provisions hereof. <br />If the City determines that it is in the best interests of the beneficial owners of the <br />Bonds that they be able to obtain certificated Bonds, the City may notify the Depository <br />System Participants of the availability of such certificated Bonds through the Depository. <br />In such event, the Trustee will issue, transfer and exchange Bonds as required by the <br />Depository and others in appropriate amounts; and whenever the Depository requests, <br />the Trustee and the City will cooperate with the Depository in taking appropriate action <br />(a) to make available one or more separate certificates evidencing the Bonds to any <br />Depository System Participant having Bonds credited to its account with the Depository, <br />or (b) to arrange for another Securities Depository to maintain custody of a single <br />certificate evidencing such Bonds, all at the City's expense. <br />(d) Payments to the Nominee Notwithstanding any other provision of this <br />Indenture to the contrary, so long as a Bond is registered in the name of the Nominee, <br />all payments with respect to principal of and interest and premium, if any, on that Bond <br />and all notices with respect to that Bond shall be made and given, respectively, as <br />provided in the letter described in subsection (b) of this Section or as otherwise <br />instructed by the Depository. <br />SECTION 2.05. Form and Execution of Bonds. The Bonds, the form of Trustee's <br />certificate of authentication, and the form of assignment to appear thereon, are set forth <br />in Appendix B attached hereto and by this reference incorporated herein, with necessary <br />or appropriate variations, omissions and insertions, as permitted or required by this <br />Indenture. <br />The City Manager shall execute, and the City Clerk of the City shall attest each <br />Bond. Any or all of such signatures may be made manually or may be affixed by <br />facsimile thereof. If any officer whose signature appears on a Bond ceases to be such <br />officer before the Closing Date, such signature will nevertheless be as effective as if the <br />officer had remained in office until the Closing Date. A Bond may be signed and <br />attested on behalf of the City by such persons as at the actual date of the execution of <br />that Bond are the proper officers of the City, duly authorized to execute debt instruments <br />on behalf of the City, although on the date of that Bond any such person was not an <br />officer of the City. <br />Only those Bonds bearing a certificate of authentication in the form set forth in <br />Appendix B, manually executed and dated by the Trustee, are valid or obligatory for any <br />purpose or entitled to the benefits of this Indenture, and such certificate of the Trustee is <br />conclusive evidence that such Bonds have been duly authenticated and delivered <br />hereunder and are entitled to the benefits of this Indenture. <br />SECTION 2.06. Transfer and Exchange of Bonds. <br />(a) Transfer A Bond may, in accordance with its terms, be transferred, upon <br />the Registration Books, by the person in whose name it is registered, in person or by a <br />duly authorized attorney of such person, upon surrender of that Bond to the Trustee at <br />9 <br />