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1994-06-21 Minutes
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1994-06-21 Minutes
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7/24/2008 3:49:07 PM
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under reasonable regulations established by the Trustee (in its <br />• capacity as Registrar) and any Co-Registrar, such books may be <br />inspected and copied by the Authority, the Remarketing Agent, the <br />Credit Facility Issuer, the Trustee or the Tender Agent. Subject <br />to the limitations contained in subsection (c) of this Section 208, <br />upon surrender for registration or transfer of any Bond at the <br />Principal Office of the Trustee, duly endorsed by, or accompanied <br />by a written instrument or instruments of transfer in form <br />satisfactory to the Trustee and duly executed by the Bondholder or <br />such Bondholder's attorney duly authorized in writing, the <br />Authority shall execute and the Trustee shall authenticate and <br />deliver in the name of the transferee or transferees a new Bond or <br />Bonds of like date and tenor in Authorized Denominations of the <br />same Maturity for the aggregate. principal amount which the <br />registered owner is entitled to receive bearing numbers not <br />contemporaneously outstanding. Subject to the limitations <br />contained in subsection (c) of this Section 208, Bonds may be <br />exchanged at such times at such Principal Office of the Trustee <br />upon surrender thereof together with an assignment duly executed <br />by the registered owner thereof or such owner's attorney in such <br />form and with guarantee of signature as shall be satisfactory to <br />the Trustee for an equal aggregate principal amount of Bonds of <br />like date and tenor of any Authorized Denomination as the Bonds <br />surrendered for exchange bearing numbers not contemporaneously <br />outstanding. The execution by the Authority of any Bond of any <br />Authorized Denomination shall constitute full and due authorization <br />. of such Denomination and the Trustee shall thereby be authorized <br />to authenticate and deliver such registered Bond. <br />(b) No service charge shall be imposed upon the owner <br />for any exchange or transfer of Bonds. The Authority and the <br />Trustee may, however, require payment by the person requesting an <br />exchange or transfer of Bonds of a sum sufficient to cover any tax, <br />fee or other governmental charge that may be imposed in relation <br />thereto, except in the case of the issuance of a Bond or Bonds for <br />the unredeemed portion of a Bond surrendered for redemption in <br />part. <br />(c) Subsequent to the Conversion Date for any Bond, the <br />Trustee shall not be required to transfer or exchange such Bond <br />during the period commencing on the Record Date next preceding any <br />Interest Payment Date of such Bond and ending on such Interest <br />Payment Date nor to transfer or exchange such Bond after the <br />mailing of notice calling such Bond for redemption has been made <br />as herein provided, nor during the period of 15 days next preceding <br />the giving of such notice of redemption. Prior to the Conversion <br />Date applicable to any Bonds, the Trustee or the Tender Agent shall <br />not be required to exchange or register the transfer of such Bond <br />selected, called or being called for redemption in whole or in part <br />or after the mailing of notice calling such Bond for redemption, has <br />been made as herein provided, except that the Authority and the <br />25 <br />
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