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in immediately available funds to the account of said holder as may be specified in the bond <br />registration books maintained by the Bond Registrar or by such other method of payment as the <br />County may determine to be necessary or advisable with the concurrence of the Securities <br />Depository. Further, so long as a book -entry system is used for determining beneficial <br />ownership of Bonds, redemption notices shall be given to the Securities Depository Nominee by <br />certified or registered mail or by such other method as the County may determine to be necessary <br />or advisable with the concurrence of the Securities Depository. In addition, so long as a book - <br />entry system is used for determining beneficial ownership of Bonds, if less than all of the Bonds <br />of any one maturity shall be called for redemption, the Securities Depository shall determine by <br />lot the amount of interest of each direct participant of the Securities Depository in the Bonds <br />within such maturity to be redeemed. <br />In certain events, the County may replace the Securities Depository at the time with <br />another qualified securities depository. In certain events, the County may discontinue the book - <br />entry system and deliver replacement Bonds in the form of fully registered certificates in the <br />denomination of $5,000 or any whole multiple thereof in exchange for the outstanding Bonds as <br />provided in the Resolution. <br />At the office of the Bond Registrar, in the manner and subject to the conditions provided <br />in the Resolution, Bonds may be exchanged for an equal aggregate principal amount of Bonds of <br />the same maturity, of authorized denominations and bearing interest at the same rate. <br />The Bond Registrar shall keep at its office the books of the County for the registration of <br />transfer of Bonds. The transfer of this Bond may be registered only upon such books and as <br />otherwise provided in the Resolution upon the surrender hereof to the Bond Registrar together <br />with an assignment duly executed by the registered owner hereof or his attorney or legal <br />representative in such form as shall be satisfactory to the Bond Registrar. Upon any such <br />registration of transfer, the Bond Registrar shall authenticate and deliver in exchange for this <br />Bond a new Bond or Bonds, registered in the name of the transferee, of authorized <br />denominations, in an aggregate principal amount equal to the unredeemed principal amount of <br />this Bond, of the same maturity and bearing interest at the same rate. <br />12 <br />Attachment number 2 <br />G -1 Page 199 <br />