Execution and Initial Registration. (a) The Bonds shall be executed in accordance with Section 3.11 of the Master Indenture.
(b) Except as provided below, no Bond shall be valid or obligatory for any purpose or be entitled to any security or benefit of the Master Indenture or this First Supplemental Indenture unless and until there appears thereon the Certificate of Trustee substantially in the form provided in this First Supplemental Indenture, duly authenticated by manual execution of the Trustee. It shall not be required that the same authorized representative of the Trustee sign the Certificate of Trustee on all of the Bonds. In lieu of the executed Certificate of Trustee described above, each Initial Bond delivered on the Closing Date shall have attached thereto the Comptroller’s Registration Certificate substantially in the form provided in this First Supplemental Indenture, manually executed by the Comptroller of Public Accounts of the State or by his duly authorized agent, which certificate shall be evidence that such Initial Bond has been duly approved by the Attorney General of the State, that it is a valid and binding obligation of the City, and that it has been registered by the Comptroller.
(c) On the Closing Date, an Initial Bond registered in the names of the purchaser thereof or its designee, executed by manual or facsimile signature of the Mayor or the Mayor Pro Tem and attested by manual or facsimile signature of the City Secretary or Assistant City Secretary of the City, approved by the Attorney General of Texas, and registered and manually signed by the Comptroller of Public Accounts of the State, will be delivered pursuant to instructions of the respective purchasers received by the Trustee upon payment therefor. Upon payment for the Initial Bond, the Paying Agent/Registrar shall cancel the Initial Bond and deliver definitive Bonds to the purchasers thereof in the aggregate principal amounts due each purchaser. Concurrently with the delivery of instructions for registration, each purchaser shall deliver to the Trustee such additional documentation as may be required by the Trustee for the registration and delivery of the Bonds to such purchaser.
