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be made in a principal amount equal to such serial maturities, plus accrued <br />interest to the redemption date, but without premium or penalty. For all purposes <br />of this Ordinance, such mandatory sinking fund redemption payments shall be <br />deemed to be required payments of principal, which mature on the date of such <br />sinking fund payments. Appropriate changes shall be made in the definitive <br />Bonds, relative to the form of the Bonds contained in this Ordinance, to reflect <br />any mandatory sinking fund redemption terms described in the Bond Purchase <br />Agreement (as defined below). <br />(b) Source of Payment. The Bonds are, as to all the principal thereof <br />and interest due thereon, payable from EDIT Revenues, on parity with the Parity <br />Bonds, and to the extent EDIT Revenues are not sufficient, any other sources of <br />funds legally available to the City for such purposes. <br />(c) Payments. All payments of interest on the Bonds shall be paid by <br />check mailed one business day prior to the interest payment date to the registered <br />owners thereof as of the fifteenth (15th) day of the month preceding the interest <br />payment date (the "Record Date ") at the addresses as they appear on the <br />registration and transfer books of the City kept for that purpose by the Registrar <br />(the "Registration Record ") or at such other address as is provided to the Paying <br />Agent (as defined in Section 4 hereof) in writing by such registered owner. Each <br />registered owner of $1,000,000 or more in principal amount of Bonds shall be <br />entitled to receive interest payments by wire transfer by providing written wire <br />instructions to the Paying Agent before the Record Date for any payment. All <br />principal payments and premium payments, if any, on the Bonds shall be made <br />upon surrender thereof at the principal office of the Paying Agent, in any U.S. <br />coin or currency which on the date of such payment shall be legal tender for the <br />payment of public and private debts, or in the case of a registered owner of <br />$1,000,000 or more in principal amount of Bonds, by wire transfer on the due <br />date upon written direction of such owner provided at least fifteen (15) days prior <br />to the maturity date or redemption date. <br />Interest on the Bonds shall be payable from the interest payment date to <br />which interest has been paid next preceding the authentication date thereof unless <br />such Bonds are authenticated after the Record Date for an interest payment and on <br />or before such interest payment date in which case they shall bear interest from <br />such interest payment date, or unless authenticated on or before the Record Date <br />for the first interest payment date, in which case they shall bear interest from the <br />original date, until the principal shall be fully paid. <br />(d) Transfer and Exchange. Each Bond shall be transferable or <br />exchangeable only upon the Registration Record, by the registered owner thereof <br />in writing, or by the registered owner's attorney duly authorized in writing, upon <br />surrender of such Bond together with a written instrument of transfer or exchange <br />satisfactory to the Registrar duly executed by the registered owner or such <br />attorney, and thereupon a new fully registered Bond or Bonds in the same <br />aggregate principal amount, and of the same maturity, shall be executed and <br />3 <br />