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On and after the redemption date specified in the aforesaid notice, such Bonds, or <br /> portions thereof, thus called shall not bear interest, shall no longer be protected by this Indenture <br /> and shall not be deemed to be outstanding under the provisions of this Indenture, and the holders <br /> thereof shall have the right only to receive the redemption price thereof plus accrued interest <br /> thereon to the date fixed for redemption. <br /> Notice of any redemption hereunder required to be given to the owners with respect to <br /> the Series 20 Bonds held under a book-entry system shall be given by the Trustee only to the <br /> Depository, or its nominee, as the holder of such Series 20 Bonds. <br /> Section 5.4 Cancellation. All Bonds which have been redeemed in whole shall be <br /> canceled and cremated or otherwise destroyed by the Trustee and shall not be reissued, and a <br /> counterpart of the certificate of cremation or other destruction evidencing such cremation or <br /> other destruction shall be furnished by the Trustee to the Issuer. <br /> Section 5.5 Redemption Payments. Prior to the date fixed for redemption in whole, <br /> funds shall be deposited with the Trustee to pay, and the Trustee is hereby authorized and <br /> directed to apply such funds to the payment of the Bonds or portions thereof called,together with <br /> accrued interest thereon to the redemption date. Upon the giving of notice and the deposit of <br /> funds for redemption, interest on the Bonds thus called shall no longer accrue after the date fixed <br /> for redemption. No payment shall be made by the Trustee upon any Bond being optionally <br /> redeemed in full until such Bond shall have been delivered for payment or cancellation or the <br /> Trustee shall have received the items required by Section 2.7 hereof with respect to any <br /> mutilated, lost, stolen or destroyed Bond. <br /> Section 5.6 Partial Redemption of Bonds. If fewer than all of the Bonds at the time <br /> outstanding are to be called for redemption, the maturities of Bonds or portions thereof to be <br /> redeemed shall be selected by the Trustee at the direction of the Issuer. If fewer than all of the <br /> Bonds within a maturity are to be redeemed, the Trustee shall apply moneys available for <br /> redemption on a pro rata basis, based on the respective portion of the principal amount of Bonds <br /> held by the respective owners of the Bonds within such maturity that shall be redeemed. The <br /> Trustee shall call for redemption in accordance with the foregoing provisions as many Bonds or <br /> portions thereof as will, as nearly as practicable, exhaust the moneys available therefor. <br /> Particular Bonds or portions thereof shall be optionally redeemed only in the minimum principal <br /> amount of$5,000 or integral multiples thereof. <br /> If less than the entire principal amount of any registered Bond then outstanding is called <br /> for redemption, then upon notice of redemption given as provided in Section 5.3 hereof, the <br /> owner of such registered Bond shall forthwith surrender such Bond to the Trustee in exchange <br /> for (a) payment of the redemption price of, plus accrued interest on the principal amount thereof <br /> called for redemption to the redemption date, and (b) a new Bond or Bonds of like series in an <br /> aggregate principal amount equal to the unredeemed balance of the principal amount of such <br /> registered Bond, which shall be issued without charge therefor. <br /> (End of Article V) <br /> 26 <br />