Common use of Issuance of Bonds Clause in Contracts

Issuance of Bonds. The Bonds shall be designated "Development Authority of DeKalb County Variable Rate Demand Industrial Development Revenue Bonds (Radiation Sterilizers, Incorporated Project), Series 1985", and shall bear interest payable on each Interest Payment Date. The interest rate on the Bonds shall be as provided for in the form of Bond contained in Section 206. The Bonds shall mature on March 1, 2005. Anything herein or in the Bonds to the contrary notwithstanding, the obligation of the Issuer hereunder shall be subject to the limitation that payments of interest to the holder of any Bond shall not be required to the extent that the receipt of any such payment by such holder would be contrary to the provisions of law applicable to such holder which limit the maximum rate of interest which may be charged or collected by such holder. The Bonds shall be issued initially as registered Bonds without coupons in the denomination of $50,000 each, or any integral multiple thereof, and, after the Conversion Date, in the denomination of $5,000 each, or any, integral multiple thereof. The Bonds shall be numbered consecutively from R-1 upwards (in order of the issuance) according to the records of the Bond Registrar. The Bonds are subject to redemption prior to maturity as provided in Section 301. Prior to the Conversion Date, the Bonds may be purchased prior to maturity as provided in Section 401. Principal of and redemption premium (if any) and interest on, the Bonds shall be payable in lawful money of the United States of America from funds available therefor under this Indenture, without deduction for services of any Paying Agent. Principal of, and redemption premium (if any) on, each Bond shall be paid to the holder thereof upon presentation and surrender of such Bond as it becomes due at the Principal Office of the Trustee or any other Paying Agent. Interest on each Bond shall be payable by check drawn upon the Paying Agent and mailed on each Interest Payment Date to the holder of such Bond as of the close of business on the Record Date next preceding the Interest Payment Date at the registered address of such holder as it shall appear as of the close of business on such Record Date on the registration books maintained pursuant to this Indenture notwithstanding the cancellation of any of such Bonds upon any exchange or transfer of registration thereof subsequent to the Record Date and prior to such Interest Payment Date, except that, if and to the extent that there shall be a default in the payment of the interest due on such Interest Payment Date, such defaulted interest shall be paid to the holder in whose name any such Bond is registered at the close of business on the fifth (5th) Business Day next preceding the date of payment of such defaulted interest. Notwithstanding the provisions of the immediately preceding paragraph, a holder of Bonds in an aggregate principal amount of $500,000 or more may, by notice to the Paying Agent, direct the Paying Agent to make payments of interest on such holder's Bonds by means of wire transfers, in immediately available funds, to a banking institution located in the United States of America designated in such notice for the account of such holder. Any fees or charges for such wire transfers shall be paid by the Company. The Bonds as originally issued shall be dated the Original Issuance Date. Bonds subsequently issued shall be dated the date of authentication thereof. Each Bond shall bear interest from and including the Original Issuance Date, or if authenticated after the Original Issuance Date from and including the last date to which interest shall have been paid on the Bonds until payment of the principal or redemption price thereof shall have been made or provided for in accordance with the provisions of this Indenture, whether at maturity, upon redemption or otherwise. Interest on the Bonds shall be paid on each Interest Payment Date and, prior to the Conversion Date, shall be computed on the basis of a year of 365 or 366 days, as appropriate, for the actual number of days elapsed. After the Conversion Date, interest on the Bonds shall be computed on the basis of a 360-day year and twelve 30-day months.

Issuance of Bonds. The Bonds (i) shall be designated "Development Authority of DeKalb County Variable Rate Demand Taylxx Xxxnty, Florida Industrial Development Revenue Bonds (Radiation Sterilizers, Incorporated CPG Products Corp. Project), Series 1985", and shall bear interest payable on each Interest Payment Date. The interest rate on the Bonds 1979," (ii) shall be as provided for in the form of Bond contained in Section 206. The Bonds shall mature on March dated September 1, 2005. Anything herein or in the Bonds 1979, except with respect to the contrary notwithstanding, the obligation of the Issuer hereunder shall be subject to the limitation that payments of interest to the holder of any Bond shall not be required to the extent that the receipt of any such payment by such holder would be contrary to the provisions of law applicable to such holder which limit the maximum rate of interest which may be charged or collected by such holder. The Bonds shall be issued initially as registered Bonds without coupons in as hereinafter provided, (iii) shall bear interest from date at the denomination rate of $50,000 each6-3/4% per annum (computed on the basis of a 360-day year, or any integral multiple thereof30-day month), andpayable March I and September I of each year until maturity, after the Conversion Datecommencing March 1, in the denomination of $5,000 each1980, or anyand (iv) shall mature on September 1, integral multiple thereof. The Bonds shall be numbered consecutively from R-1 upwards (in order of the issuance) according to the records of the Bond Registrar2004. The Bonds are subject to redemption prior to maturity as provided in the sinking fund provisions of Section 301305. Prior to the Conversion Date, the The Bonds may be purchased prior issued as coupon Bonds or registered Bonds as is hereinafter provided. Registered Bonds without coupons issued before March 1, 1980, shall be dated as of September 1, 1979, and registered Bonds without coupons issued on or subsequent to maturity March 1, 1980, shall be dated as provided of the interest payment date next preceding the date of authentication and delivery thereof by the Trustee, unless such date of authentication and delivery shall be an interest payment date, in Section 401which case they shall be dated as of such date of authentication and delivery; provided, however, that if, as shown by the records of the Trustee, interest on any Bonds surrendered for transfer or exchange shall be in default, the registered Bonds without coupons issued in exchange for Bonds surrendered for transfer or exchange shall be dated as of the date to which interest has been paid in full on the Bonds surrendered or if no interest has been paid they shall be dated September 1, 1979. Principal Coupon Bonds and registered Bonds without coupons shall bear interest from their date. The principal of and redemption premium (if any) and the interest on, on the Bonds shall be payable in lawful money of the United States of America from funds available therefor under this Indenture, without deduction for services at the principal office of the Trustee or at the principal office of any Paying Agentsuccessor designated pursuant to the terms hereof. Principal of, and redemption premium (if any) on, each Bond Payment of interest on coupon Bonds shall be paid to the holder thereof made only upon presentation and surrender of the coupons representing such Bond interest as it becomes the same respectively become due at the Principal Office principal office of the Trustee or any other Paying AgentTrustee. Interest Payment of interest on each Bond registered Bonds without coupons shall be payable by check or draft drawn upon the Paying Agent Trustee and mailed on each Interest Payment Date to the holder of such Bond registered owner at his address as of the close of business it appears on the Record Date next preceding the Interest Payment Date at the registered address of such holder as it shall appear as of the close of business on such Record Date on the bond registration books maintained pursuant to this Indenture notwithstanding the cancellation of any of such Bonds upon any exchange or transfer of registration thereof subsequent to the Record Date and prior to such Interest Payment Date, except that, if and to the extent that there shall be a default in the payment of the interest due on such Interest Payment Date, such defaulted interest shall be paid to the holder in whose name any such Bond is registered at the close of business on the fifth (5th) Business Day next preceding the date of payment of such defaulted interest. Notwithstanding the provisions of the immediately preceding paragraph, a holder of Bonds in an aggregate principal amount of $500,000 or more may, by notice to the Paying Agent, direct the Paying Agent to make payments of interest on such holder's Bonds by means of wire transfers, in immediately available funds, to a banking institution located in the United States of America designated in such notice for the account of such holder. Any fees or charges for such wire transfers shall be paid kept by the Company. The Bonds as originally issued shall be dated the Original Issuance Date. Bonds subsequently issued shall be dated the date of authentication thereof. Each Bond shall bear interest from and including the Original Issuance Date, or if authenticated after the Original Issuance Date from and including the last date to which interest shall have been paid on the Bonds until payment of the principal or redemption price thereof shall have been made or provided for in accordance with the provisions of this Indenture, whether at maturity, upon redemption or otherwise. Interest on the Bonds shall be paid on each Interest Payment Date and, prior to the Conversion Date, shall be computed on the basis of a year of 365 or 366 days, as appropriate, for the actual number of days elapsed. After the Conversion Date, interest on the Bonds shall be computed on the basis of a 360-day year and twelve 30-day monthsTrustee.

Issuance of Bonds. The Bonds shall be designated "Development Authority In order to assist the Company in the refunding of DeKalb County Variable Rate Demand Industrial Development Revenue Bonds (Radiation Sterilizersthe Refunded Bonds, Incorporated Project)the Issuer, Series 1985"concurrently with the execution hereof, will issue, sell and shall bear interest payable on each Interest Payment Datedeliver the Bonds. The interest rate on proceeds of the Bonds shall be loaned to the Company in accordance with Section 4.1. The Bonds will be issued under and pursuant to the Trust Indenture (as amended from time to time, the “Indenture”) dated as of December 1, 2005 between the Issuer and J.X. Xxxxxx Trust Company, National Association, as trustee (in that capacity, the “Trustee”), and will be issued in the aggregate principal amount, will bear interest, will mature and will be subject to redemption as set forth therein. The Company hereby approves the terms and conditions of the Indenture and the Bonds, and the terms and conditions under which the Bonds have been issued, sold and delivered. The proceeds from the sale of the Bonds (other than any accrued interest) shall be loaned to the Company to assist the Company in refunding the Refunded Bonds. Those proceeds shall be delivered to the respective Escrow Trustees, as defined and provided in the Indenture, to be held, together with any interest earnings thereon, in trust, as provided in the respective Escrow Agreements (as defined in the Indenture) for the purpose of paying, together with any moneys provided by the Company or the Companies, all of the remaining principal, redemption premium and interest due on the Refunded Bonds to the dates of their redemption or purchase and cancellation, all as set forth and provided for in the form of Bond contained in Section 206respective Escrow Agreements. The Bonds shall mature on March 1, 2005. Anything herein or in Company acknowledges that the proceeds of the Bonds will be insufficient to pay the full costs of refunding the Refunded Bonds and that the Issuer has made no representation or warranty with respect to the contrary notwithstanding, the obligation of the Issuer hereunder shall be subject to the limitation that payments of interest to the holder of any Bond shall not be required to the extent that the receipt of any such payment by such holder would be contrary to the provisions of law applicable to such holder which limit the maximum rate of interest which may be charged or collected by such holder. The Bonds shall be issued initially as registered Bonds without coupons in the denomination of $50,000 each, or any integral multiple thereof, and, after the Conversion Date, in the denomination of $5,000 each, or any, integral multiple sufficiency thereof. The Bonds shall be numbered consecutively from R-1 upwards Company further acknowledges that it and the Companies are (in order and will remain after the issuance of the issuanceBonds) according obligated to, and hereby confirms that it and the Companies will, pay, all costs of the refunding of the Refunded Bonds, whether by redemption or by purchase and cancellation. The Company, on behalf of and at the direction of the Companies, hereby requests that the Issuer notify the respective Refunded Bonds Trustee, pursuant to the records of respective Refunded Bonds Indenture and the Bond Registrar. The Bonds are subject to redemption prior to maturity as provided in Section 301. Prior to respective Escrow Agreement, that the Conversion Date, the Bonds may be purchased prior to maturity as provided in Section 401. Principal of and redemption premium (if any) and interest on, the Bonds shall be payable in lawful money of the United States of America from funds available therefor under this Indenture, without deduction for services of any Paying Agent. Principal of, and redemption premium (if any) on, each Bond shall be paid to the holder thereof upon presentation and surrender of such Bond as it becomes due at the Principal Office of the Trustee or any other Paying Agent. Interest on each Bond shall be payable by check drawn upon the Paying Agent and mailed on each Interest Payment Date to the holder of such Bond as of the close of business on the Record Date next preceding the Interest Payment Date at the registered address of such holder as it shall appear as of the close of business on such Record Date on the registration books maintained pursuant to this Indenture notwithstanding the cancellation of any of such Bonds upon any exchange or transfer of registration thereof subsequent to the Record Date and prior to such Interest Payment Date, except that, if and to the extent that there shall be a default in the payment of the interest due on such Interest Payment Date, such defaulted interest shall be paid to the holder in whose name any such Bond is registered at the close of business on the fifth (5th) Business Day next preceding the date of payment of such defaulted interest. Notwithstanding the provisions of the immediately preceding paragraph, a holder of Bonds in an aggregate entire outstanding principal amount of $500,000 the Refunded Bonds are to be redeemed or more maypurchased for cancellation, by notice to the Paying Agent, direct the Paying Agent to make payments of interest on such holder's Bonds by means of wire transfers, in immediately available funds, to a banking institution located in the United States of America designated in such notice for the account of such holder. Any fees or charges for such wire transfers shall be paid by the Company. The Bonds all as originally issued shall be dated the Original Issuance Date. Bonds subsequently issued shall be dated the date of authentication thereof. Each Bond shall bear interest from set forth and including the Original Issuance Date, or if authenticated after the Original Issuance Date from and including the last date to which interest shall have been paid on the Bonds until payment of the principal or redemption price thereof shall have been made or provided for in accordance with the provisions of this Indenturerespective Escrow Agreements. The Issuer acknowledges and confirms that the respective Refunded Bonds Trustees have been so notified, whether at maturity, upon redemption or otherwise. Interest on all as set forth and provided for in the Bonds shall be paid on each Interest Payment Date and, prior to the Conversion Date, shall be computed on the basis of a year of 365 or 366 days, as appropriate, for the actual number of days elapsed. After the Conversion Date, interest on the Bonds shall be computed on the basis of a 360-day year and twelve 30-day monthsrespective Escrow Agreements.

Issuance of Bonds. The Bonds shall be designated "Development Authority In order to assist the Company in the refunding of DeKalb County Variable Rate Demand Industrial Development Revenue Bonds (Radiation Sterilizersthe Refunded Bonds, Incorporated Project)the Issuer, Series 1985"concurrently with the execution hereof, will issue, sell and shall bear interest payable on each Interest Payment Datedeliver the Bonds. The interest rate on proceeds of the Bonds shall be as provided for loaned to the Company in the form of Bond contained in accordance with Section 2064.1. The Bonds shall mature on March will be issued under and pursuant to the Trust Indenture (as amended from time to time, the “Indenture”) dated as of February 1, 2005. Anything herein or 2012 between the Issuer and Xxxxx Fargo Bank, National Association, as trustee (in that capacity, the “Trustee”), and will be issued in the Bonds to the contrary notwithstandingaggregate principal amount, the obligation of the Issuer hereunder shall will bear interest, will mature and will be subject to the limitation that payments of interest to the holder of any Bond shall not be required to the extent that the receipt of any such payment by such holder would be contrary to the provisions of law applicable to such holder which limit the maximum rate of interest which may be charged or collected by such holderredemption as set forth therein. The Company hereby approves the terms and conditions of the Indenture and the Bonds, and the terms and conditions under which the Bonds shall be issued initially as registered Bonds without coupons in the denomination of $50,000 eachhave been issued, or any integral multiple thereof, and, after the Conversion Date, in the denomination of $5,000 each, or any, integral multiple thereofsold and delivered. The Bonds shall be numbered consecutively proceeds from R-1 upwards (in order the sale of the issuance) according to the records of the Bond Registrar. The Bonds are subject to redemption prior to maturity as provided in Section 301. Prior to the Conversion Date, the Bonds may be purchased prior to maturity as provided in Section 401. Principal of and redemption premium (if any) and interest on, the Bonds shall be payable loaned to the Company to assist the Company in lawful money refunding the Refunded Bonds within ninety days of the United States issuance of America from funds available therefor under this the Bonds. Those proceeds shall be delivered by the Trustee to the Original Bonds Trustee, as provided in the Indenture, without deduction to be held, together with any moneys provided by the Company and any interest earnings on those proceeds and those moneys, in trust, for services the purpose of any Paying Agent. Principal paying all of the principal of, and redemption premium (if any) interest due on, each Bond shall the Refunded Bonds on their date of redemption. The Company acknowledges that the proceeds of the Bonds will be paid insufficient to pay the full costs of refunding the Refunded Bonds and that the Issuer has made no representation or warranty with respect to the holder thereof upon presentation sufficiency thereof. The Company further acknowledges that it is (and surrender of such Bond as it becomes due at will remain after the Principal Office issuance of the Bonds) obligated to, and hereby confirms that it will, pay all costs of the refunding of the Refunded Bonds. The Company hereby requests that the Issuer notify [U.S. Bank National Association] [check], as the Trustee or any other Paying Agent. Interest on each Bond shall be payable by check drawn upon (the Paying Agent and mailed on each Interest Payment Date “Refunded Bonds Trustee”) under the Trust Indenture (the “Refunded Bonds Indenture”) for the Refunded Bonds, that, pursuant to the holder of such Bond as of Refunded Bonds Indenture, the close of business on the Record Date next preceding the Interest Payment Date at the registered address of such holder as it shall appear as of the close of business on such Record Date on the registration books maintained pursuant to this Indenture notwithstanding the cancellation of any of such Bonds upon any exchange or transfer of registration thereof subsequent to the Record Date and prior to such Interest Payment Date, except that, if and to the extent that there shall be a default in the payment of the interest due on such Interest Payment Date, such defaulted interest shall be paid to the holder in whose name any such Bond is registered at the close of business on the fifth (5th) Business Day next preceding the date of payment of such defaulted interest. Notwithstanding the provisions of the immediately preceding paragraph, a holder of Bonds in an aggregate entire outstanding principal amount of $500,000 or more maythe Refunded Bonds is to be redeemed on March 13, by notice to the Paying Agent, direct the Paying Agent to make payments 2012 at a redemption price of interest on such holder's Bonds by means of wire transfers, in immediately available funds, to a banking institution located in the United States of America designated in such notice for the account of such holder. Any fees or charges for such wire transfers shall be paid by the Company. The Bonds as originally issued shall be dated the Original Issuance Date. Bonds subsequently issued shall be dated the date of authentication thereof. Each Bond shall bear interest from and including the Original Issuance Date, or if authenticated after the Original Issuance Date from and including the last date to which interest shall have been paid on the Bonds until payment 100% of the principal or amount thereof, plus interest accrued to that redemption price thereof shall have been made or provided date. The Issuer acknowledges and confirms that it has directed the Refunded Bonds Trustee to so call the Refunded Bonds for in accordance with the provisions of this Indenture, whether at maturity, upon optional redemption or otherwise. Interest on the Bonds shall be paid on each Interest Payment Date and, prior to the Conversion Date, shall be computed on the basis of a year of 365 or 366 days, as appropriate, for the actual number of days elapsed. After the Conversion Date, interest on the Bonds shall be computed on the basis of a 360-day year and twelve 30-day monthsthat date.

Issuance of Bonds. The Bonds shall be designated "Development Authority In order to assist the Company in the refunding of DeKalb County Variable Rate Demand Industrial Development Revenue Bonds (Radiation Sterilizersthe Refunded Bonds, Incorporated Project)the Issuer, Series 1985"concurrently with the execution hereof, will issue, sell and shall bear interest payable on each Interest Payment Datedeliver the Bonds. The interest rate on proceeds of the Bonds shall be as provided for loaned to the Company in the form of Bond contained in accordance with Section 2064.1. The Bonds shall mature on March will be issued under and pursuant to the Trust Indenture (as amended from time to time, the “Indenture”) dated as of February 1, 2005. Anything herein or 2012 between the Issuer and Xxxxx Fargo Bank, National Association, as trustee (in that capacity, the “Trustee”), and will be issued in the Bonds to the contrary notwithstandingaggregate principal amount, the obligation of the Issuer hereunder shall will bear interest, will mature and will be subject to the limitation that payments of interest to the holder of any Bond shall not be required to the extent that the receipt of any such payment by such holder would be contrary to the provisions of law applicable to such holder which limit the maximum rate of interest which may be charged or collected by such holderredemption as set forth therein. The Company hereby approves the terms and conditions of the Indenture and the Bonds, and the terms and conditions under which the Bonds shall be issued initially as registered Bonds without coupons in the denomination of $50,000 eachhave been issued, or any integral multiple thereof, and, after the Conversion Date, in the denomination of $5,000 each, or any, integral multiple thereofsold and delivered. The Bonds shall be numbered consecutively proceeds from R-1 upwards (in order the sale of the issuance) according to the records of the Bond Registrar. The Bonds are subject to redemption prior to maturity as provided in Section 301. Prior to the Conversion Date, the Bonds may be purchased prior to maturity as provided in Section 401. Principal of and redemption premium (if any) and interest on, the Bonds shall be payable loaned to the Company to assist the Company in lawful money refunding the Refunded Bonds within ninety days of the United States issuance of America from funds available therefor under this the Bonds. Those proceeds shall be delivered by the Trustee to the Original Bonds Trustee, as provided in the Indenture, without deduction to be held, together with any moneys provided by the Company and any interest earnings on those proceeds and those moneys, in trust, for services the purpose of any Paying Agent. Principal paying all of the principal of, and redemption premium (if any) interest due on, each Bond shall the Refunded Bonds on their date of redemption. The Company acknowledges that the proceeds of the Bonds will be paid insufficient to pay the full costs of refunding the Refunded Bonds and that the Issuer has made no representation or warranty with respect to the holder thereof upon presentation sufficiency thereof. The Company further acknowledges that it is (and surrender of such Bond as it becomes due at will remain after the Principal Office issuance of the Bonds) obligated to, and hereby confirms that it will, pay all costs of the refunding of the Refunded Bonds. The Company hereby requests that the Issuer notify Bank of New York Mellon Trust Company, NA, as the Trustee or any other Paying Agent. Interest on each Bond shall be payable by check drawn upon (the Paying Agent and mailed on each Interest Payment Date “Refunded Bonds Trustee”) under the three Trust Indentures with respect to the holder of such Bond as of Refunded Bonds (collectively, the close of business on “Refunded Bonds Indenture”) for the Record Date next preceding the Interest Payment Date at the registered address of such holder as it shall appear as of the close of business on such Record Date on the registration books maintained Refunded Bonds, that, pursuant to this Indenture notwithstanding the cancellation of any of such Refunded Bonds upon any exchange or transfer of registration thereof subsequent to Indenture, the Record Date and prior to such Interest Payment Date, except that, if and to the extent that there shall be a default in the payment of the interest due on such Interest Payment Date, such defaulted interest shall be paid to the holder in whose name any such Bond is registered at the close of business on the fifth (5th) Business Day next preceding the date of payment of such defaulted interest. Notwithstanding the provisions of the immediately preceding paragraph, a holder of Bonds in an aggregate entire outstanding principal amount of $500,000 or more maythe Refunded Bonds is to be redeemed on March 13, by notice to the Paying Agent, direct the Paying Agent to make payments 2012 at a redemption price of interest on such holder's Bonds by means of wire transfers, in immediately available funds, to a banking institution located in the United States of America designated in such notice for the account of such holder. Any fees or charges for such wire transfers shall be paid by the Company. The Bonds as originally issued shall be dated the Original Issuance Date. Bonds subsequently issued shall be dated the date of authentication thereof. Each Bond shall bear interest from and including the Original Issuance Date, or if authenticated after the Original Issuance Date from and including the last date to which interest shall have been paid on the Bonds until payment 100% of the principal or amount thereof, plus interest accrued to that redemption price thereof shall have been made or provided date. The Issuer acknowledges and confirms that it has directed the Refunded Bonds Trustee to so call the Refunded Bonds for in accordance with the provisions of this Indenture, whether at maturity, upon optional redemption or otherwise. Interest on the Bonds shall be paid on each Interest Payment Date and, prior to the Conversion Date, shall be computed on the basis of a year of 365 or 366 days, as appropriate, for the actual number of days elapsed. After the Conversion Date, interest on the Bonds shall be computed on the basis of a 360-day year and twelve 30-day monthsthat date.

Issuance of Bonds. The Bonds shall be designated "Development Authority In order to assist the Company in the refunding of DeKalb County Variable Rate Demand Industrial Development Revenue Bonds (Radiation Sterilizersthe Refunded Bonds, Incorporated Project)the Issuer, Series 1985"concurrently with the execution hereof, will issue, sell and shall bear interest payable on each Interest Payment Datedeliver the Bonds. The interest rate on proceeds of the Bonds shall be as provided for loaned to the Company in the form of Bond contained in accordance with Section 2064.1. The Bonds shall mature on March will be issued under and pursuant to the Trust Indenture (as amended from time to time, the “Indenture”) dated as of February 1, 2005. Anything herein or 2012 between the Issuer and Xxxxx Fargo Bank, National Association, as trustee (in that capacity, the “Trustee”), and will be issued in the Bonds to the contrary notwithstandingaggregate principal amount, the obligation of the Issuer hereunder shall will bear interest, will mature and will be subject to the limitation that payments of interest to the holder of any Bond shall not be required to the extent that the receipt of any such payment by such holder would be contrary to the provisions of law applicable to such holder which limit the maximum rate of interest which may be charged or collected by such holderredemption as set forth therein. The Company hereby approves the terms and conditions of the Indenture and the Bonds, and the terms and conditions under which the Bonds shall be issued initially as registered Bonds without coupons in the denomination of $50,000 eachhave been issued, or any integral multiple thereof, and, after the Conversion Date, in the denomination of $5,000 each, or any, integral multiple thereofsold and delivered. The Bonds shall be numbered consecutively proceeds from R-1 upwards (in order the sale of the issuance) according to the records of the Bond Registrar. The Bonds are subject to redemption prior to maturity as provided in Section 301. Prior to the Conversion Date, the Bonds may be purchased prior to maturity as provided in Section 401. Principal of and redemption premium (if any) and interest on, the Bonds shall be payable loaned to the Company to assist the Company in lawful money refunding the Refunded Bonds within ninety days of the United States issuance of America from funds available therefor under this the Bonds. Those proceeds shall be delivered by the Trustee to the Original Bonds Trustee, as provided in the Indenture, without deduction to be held, together with any moneys provided by the Company and any interest earnings on those proceeds and those moneys, in trust, for services the purpose of any Paying Agent. Principal paying all of the principal of, and redemption premium (if any) interest due on, each Bond shall the Refunded Bonds on their date of redemption. The Company acknowledges that the proceeds of the Bonds will be paid insufficient to pay the full costs of refunding the Refunded Bonds and that the Issuer has made no representation or warranty with respect to the holder thereof upon presentation sufficiency thereof. The Company further acknowledges that it is (and surrender of such Bond as it becomes due at will remain after the Principal Office issuance of the Bonds) obligated to, and hereby confirms that it will, pay all costs of the refunding of the Refunded Bonds. The Company hereby requests that the Issuer notify The Bank of New York Mellon Trust Company, National Association, as the Trustee or any other Paying Agent. Interest on each Bond shall be payable by check drawn upon (the Paying Agent and mailed on each Interest Payment Date “Refunded Bonds Trustee”) under the Original Bonds Indenture for the Refunded Bonds, that, pursuant to the holder of such Bond as of Original Bonds Indenture, the close of business on the Record Date next preceding the Interest Payment Date at the registered address of such holder as it shall appear as of the close of business on such Record Date on the registration books maintained pursuant to this Indenture notwithstanding the cancellation of any of such Bonds upon any exchange or transfer of registration thereof subsequent to the Record Date and prior to such Interest Payment Date, except that, if and to the extent that there shall be a default in the payment of the interest due on such Interest Payment Date, such defaulted interest shall be paid to the holder in whose name any such Bond is registered at the close of business on the fifth (5th) Business Day next preceding the date of payment of such defaulted interest. Notwithstanding the provisions of the immediately preceding paragraph, a holder of Bonds in an aggregate entire outstanding principal amount of $500,000 or more maythe Refunded Bonds is to be redeemed on March 13, by notice to the Paying Agent, direct the Paying Agent to make payments 2012 at a redemption price of interest on such holder's Bonds by means of wire transfers, in immediately available funds, to a banking institution located in the United States of America designated in such notice for the account of such holder. Any fees or charges for such wire transfers shall be paid by the Company. The Bonds as originally issued shall be dated the Original Issuance Date. Bonds subsequently issued shall be dated the date of authentication thereof. Each Bond shall bear interest from and including the Original Issuance Date, or if authenticated after the Original Issuance Date from and including the last date to which interest shall have been paid on the Bonds until payment 100% of the principal or amount thereof, plus interest accrued to that redemption price thereof shall have been made or provided date. The Issuer acknowledges and confirms that it has directed the Refunded Bonds Trustee to so call the Refunded Bonds for in accordance with the provisions of this Indenture, whether at maturity, upon optional redemption or otherwise. Interest on the Bonds shall be paid on each Interest Payment Date and, prior to the Conversion Date, shall be computed on the basis of a year of 365 or 366 days, as appropriate, for the actual number of days elapsed. After the Conversion Date, interest on the Bonds shall be computed on the basis of a 360-day year and twelve 30-day monthsthat date.