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i ~ ~ ~ t <br />. importing persons shall include firms and corporations, and terms employed in the <br />disjunctive form shall be deemed to be employed also in the conjunctive form and vice versa. <br />ARTICLE II. <br />Maturities, Form, Issuance, <br />Delivery and Registration of Bonds <br />Section 2.01. The principal amount of all Bonds may be issued and outstanding <br />under this Agreement shall be Million Hundred Thousand-.and <br />00/100 Dollars ($ )face value. The Bonds shall be originally dated as of the first <br />day of the month in which they are to be originally delivered, shall be issued in the denomination <br />of Five Thousand Dollars ($5,000) each, or any integral multiple thereof and shall be numbered <br />consecutively. <br />The Bonds shall mature serially on Mazch <br />interest at the rates as follows: <br />Date <br />• <br />• <br />Amount <br />in the years and amounts and bear <br />Interest Rate <br />The interest on all of the Bonds is payable semiannually on March 1 and September 1 <br />of each year, beginning Mazch 1, 1999. <br />The interest on the Bonds shall be payable by check or draft mailed one business day <br />prior to the interest payment date to the person in whose name each Bond is registered on the <br />fifteenth day of the month preceding such interest payment date. The principal of, and premium on, <br />the Bonds shall be payable in lawful money of the United States of America, at the principal office <br />of the Trustee in the City of Fort Wayne, Indiana. <br />All Bonds shall be canceled upon their payment by the Trustee. The Trustee shall <br />dispose of such Bonds as permitted by law and furnish to the Authority a certificate of their disposal, <br />signed by an authorized officer of the Trustee. <br />Section 2.02. The Bonds shall be executed in the name of the Authority by the <br />facsimile signature of the President of its Board of Directors and attested by the facsimile signature <br />of the Secretary-Treasurer of its Board of Directors: In case any official whose facsimile signature <br />appears on the Bonds, shall cease to be such officer before the Bonds shall be duly issued and <br />delivered, such Bonds shall, nevertheless, be the Bonds of the Authority and in all respects binding <br />and obligatory upon it to the same extent as if signed by the officers of the Authority at the date of <br />the actual issuance and delivery thereof. <br />::ODMA\PCDOCS\SBDOCSI\24203\2 -5- <br />