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-20- <br />Outstanding are to be redeemed, and shall require that such 2014 Bonds be then surrendered <br />at the Principal Corporate Trust Office of the Trustee for redemption at the redemption price, <br />giving notice also that further interest on such2014Bonds will not accrue from and after the <br />redemption date. <br />The Successor Agency has the right to rescind any notice of the optional redemption of <br />2014 Bonds by written notice to the Trustee on or prior to the date fixed for redemption. Any <br />notice of redemption shall be cancelled and annulled if for any reason funds will not be or are <br />not available on the date fixed for redemption for the payment in fullof the 2014 Bonds then <br />called for redemption, and such cancellation shall not constitute an Event of Default. The <br />Successor Agency and the Trustee have no liability to the Owners or any other party related to <br />or arising from such rescission of redemption. The Trustee shall mail notice of such rescission <br />of redemption in the same manner as the original notice of redemption was sent under this <br />Section. <br />Upon the payment of the redemption price of 2014 Bonds being redeemed, each check <br />or other transfer of funds issued for such purpose shall, to the extent practicable, bear the <br />CUSIP number identifying, by issue and maturity, the 2014 Bonds being redeemed with the <br />proceeds of such check or other transfer. <br />(d) Partial Redemption of 2014 Bonds. In the event only a portion of any 2014 Bond is <br />called for redemption, then upon surrender of such 2014 Bond the Successor Agency shall <br />execute and the Trustee shall authenticate and deliver to the Owner thereof, at the expense of <br />the Successor Agency, a new 2014 Bond or 2014 Bonds of the same interest rate and maturity, <br />of authorized denominations, in aggregate principal amount equal to the unredeemed portion of <br />the 2014 Bond to be redeemed. <br />(e)Effect of Redemption. From and after the date fixed for redemption, if funds available <br />for the payment of the redemption price of and interest on the 2014 Bonds so called for <br />redemption shall have been duly deposited with the Trustee, such 2014 Bonds so called shall <br />cease to be entitled to any benefit under this Indenture otherthan the right to receive payment <br />of the redemption price and accrued interest to the redemption date, and no interest shall <br />accrue thereon from and after the redemption date specified in such notice. <br />(f) Manner of Redemption. Whenever any 2014 Bonds orportions thereof are to be <br />selected for redemption by lot, the Trustee shall make such selection, in such manner as the <br />Trustee shall deem appropriate, and shall notify the Successor Agency thereof to the extent <br />2014 Bonds are no longer held in book-entryform. In the event of redemption by lot of 2014 <br />Bonds, the Trustee shall assign to each 2014 Bond then Outstanding a distinctive number for <br />each $5,000 of the principal amount of each such 2014 Bond. The 2014 Bonds to be redeemed <br />shall be the 2014 Bondsto which were assigned numbers so selected, but only so much of the <br />principal amount of each such 2014 Bond of a denomination of more than $5,000 shall be <br />redeemed as shall equal $5,000 for each number assigned to it and so selected. All 2014 <br />Bonds redeemed or purchased pursuant to this Section 2.03 shall be cancelled and destroyed. <br />Section 2.04. Form of 2014 Bonds. The 2014 Bonds, the form of Trustee's Certificate of <br />Authentication, and the form of Assignment to appear thereon, shall be substantially in the form <br />set forth in Exhibit A, which is attached hereto and by this reference incorporated herein, with <br />necessary or appropriate variations, omissions and insertions, as permitted or required by this <br />Indenture.