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or regulatory requirements as may be in effect from time to time. Payment of principal and interest on the Bonds
<br />• and the purchase price of Bonds to DTC is the responsibility of the Authority or the Trustee, disbursement of such
<br />payments to Direct Participants shall be the responsibility of DTC, and disbursement of such payments to the
<br />Beneficial Owners shall be the responsibility of Direct and Indirect Participants.
<br />DTC may discontinue providing its services as securities depository with respect to the Bonds at any time
<br />bygiving reasonable notice to the Authority or the Trustee. Under such circumstances, in the event that a successor
<br />.securities depository is not obtained, Bond certificates are required to be printed and delivered.
<br />The Authority may decide to discontinue use of the system of book-entry transfers through DTC (or a
<br />successor securities depository). In that event, Bond certificates will be printed and delivered.
<br />The information contained in this section concerning DTC and DTC's book-entry system has been obtained
<br />from sources that the Authority and the Underwriters believe to be reliable, but neither the Authority nor the
<br />Underwriters or the Initial Credit Facility Issuer take any responsibility for the accuracy thereof.
<br />In the event that the book-entry system for the Bonds is discontinued, the Trustee would provide for the
<br />registration of the Bonds in the name of the Beneficial Owners thereof. The Authority and the Trustee would treat
<br />the person in whose name any Bond is registered as the absolute owner of such Bond for the purposes of making
<br />and receiving payments thereon, and for all other purposes, and neither the Authority nor the Trustee would be
<br />bound by any notice or knowledge to the contrary.
<br />REMARKETING AGENT
<br />First Chicago Capital Markets, Inc., Chicago, Illinois, has been appointed by the Authority pursuant to a
<br />• Remarketing Agreement to act as remarketing agent (the "Remarketing Agent") for the purposes described in the
<br />Indenture. The Remarketing Agent's principal office is located at One First National Plaza, Suite 0826, Chicago,
<br />Illinois 60670-0826. The Remarketing Agent will, under certain circumstances, determine the interest rates on the
<br />Bonds, will use its best efforts to remarket Bonds, and may from time to time effect purchases of Bonds. The
<br />Remarketing Agent may resign upon 30 days' notice to the Authority, the Credit Facility Issuer, the Trustee and
<br />the Tender Agent, or may be removed at any time upon 30 days' notice by the Authority by an instrument signed
<br />by the Authority, filed with the Remarketing Agent, the Trustee, the Tender Agent and the Credit Facility Issuer,
<br />after which a successor Remarketing Agent or Agents will be appointed.
<br />THE BONDS
<br />The following is a summary of certain provisions of the Bonds. Reference is made to the Indenture and
<br />to the summary thereof included in APPENDIX C for a more complete description of the Bonds. The discussion
<br />herein is qualified by such references.
<br />So long as DTC acts as the securities depository for the Bonds, as noted above, all references herein to
<br />"Owner of Bond" or "Bondholder" are deemed to be to Cede & Co., as nominee of DTC, and not to Participants
<br />or Beneficial Owners. See "BOOK-ENTRY ONLY SYSTEM".
<br />General Description of the Bonds
<br />The Bonds will be dated the date of issuance and will mature, subject to prior redemption and purchase,
<br />on February 1, 2019. So long as the Bonds are registered in the name of Cede & Co., as nominee of DTC,
<br />principal of, premium, if any, and interest on the Bonds and purchase price of tendered Bonds, if applicable, will
<br />be paid as described above under "BOOK-ENTRY ONLY SYSTEM." If the Bonds are no longer in the book-entry
<br />--.~_ system, then payment of principal of, premium, if any, and interest on the Bonds and purchase price of tendered
<br />E
<br />Bonds, if applicable, shall be made as described in the Indenture.
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