Laserfiche WebLink
<br />-18- <br />instrument of transfer in a form acceptable to the Trustee, duly executed. Whenever any Bond <br />or Bonds shall be surrendered for registration of transfer, the Successor Agency shall execute <br />and the Trustee shall authenticate and deliver a new Bond or Bonds, of like series, interest rate, <br />maturity and principal amount of authorized denomination. The Trustee shall collect from the <br />Owner any tax or other governmental charge on the transfer of any Bonds pursuant to this Section <br />2.06. The cost of printing Bonds and any services rendered or expenses incurred by the Trustee <br />in connection with any transfer shall be paid by the Successor Agency. <br /> <br />The Trustee may refuse to transfer, under the provisions of this Section 2.06, either (a) <br />any Bonds during the period fifteen (15) days prior to the date established by the Trustee for the <br />selection of Bonds for redemption, or (b) any Bonds selected by the Trustee for redemption. <br /> <br />Section 2.07. Exchange of Bonds. Bonds may be exchanged at the Principal Corporate <br />Trust Office of the Trustee for a like aggregate principal amount of Bonds of other authorized <br />denominations of the same series, interest rate and maturity. The Trustee shall collect any tax or <br />other governmental charge on the exchange of any Bonds pursuant to this Section 2.07. The <br />cost of printing Bonds and any services rendered or expenses incurred by the Trustee in <br />connection with any exchange shall be paid by the Successor Agency. <br /> <br />The Trustee may refuse to transfer, under the provisions of this Section 2.07, either (a) <br />any Bonds during the period fifteen (15) days prior to the date established by the Trustee for the <br />selection of Bonds for redemption, or (b) any Bonds selected by the Trustee for redemption. <br /> <br />Section 2.08. Registration of Bonds. The Trustee will keep or cause to be kept, at its <br />Principal Corporate Trust Office, sufficient records for the registration and registration of transfer <br />of the Bonds, which shall at all times during normal business hours be open to inspection by the <br />Successor Agency, upon reasonable prior notice to the Trustee; and, upon presentation for such <br />purpose, the Trustee shall, under such reasonable regulations as it may prescribe, register or <br />transfer or cause to be registered or transferred, on the Registration Books Bonds as hereinbefore <br />provided. <br /> <br />Section 2.09. Temporary Bonds. The Bonds may be initially issued in temporary form <br />exchangeable for definitive Bonds when ready for delivery. The temporary Bonds may be printed, <br />lithographed or typewritten, shall be of such denominations as may be determined by the <br />Successor Agency, and may contain such reference to any of the provisions of this Indenture as <br />may be appropriate. Every temporary Bond shall be executed by the Successor Agency upon <br />the same conditions and in substantially the same manner as the definitive Bonds. If the <br />Successor Agency issues temporary Bonds, it will execute and furnish definitive Bonds without <br />delay, and thereupon the temporary Bonds shall be surrendered, for cancellation, in exchange <br />therefor at the Trust Office of the Trustee, and the Trustee shall authenticate and deliver in <br />exchange for such temporary Bonds an equal aggregate principal amount of definitive Bonds of <br />authorized denominations, interest rates and like maturities. Until so exchanged, the temporary <br />Bonds shall be entitled to the same benefits pursuant to this Indenture as definitive Bonds <br />authenticated and delivered hereunder. <br /> <br />Section 2.10. Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become <br />mutilated, the Successor Agency, at the expense of the Owner of such Bond, shall execute, and <br />the Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and amount in <br />exchange and substitution for the Bond so mutilated, but only upon surrender to the Trustee of <br />the Bond so mutilated. Every mutilated Bond so surrendered to the Trustee shall be canceled by <br />it. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may <br />444