REGISTRATION AND AUTHENTICATION; INITIAL BOND Clause Samples

REGISTRATION AND AUTHENTICATION; INITIAL BOND. (1) No Bond shall‌ be valid or obligatory for any purpose or be entitled to any security or benefit under this Indenture unless a certificate of authentication or registration on such Bond, substantially in the form set forth in Exhibit B hereto, shall have been duly executed manually by a Responsible Agent of the Bond Registrar or, with respect to the Initial Bond, the Comptroller. Certificates of authentication or registration on different Bonds need not be signed by the same person. The Bond Registrar shall authenticate the signatures of officers of the Issuer on each Bond by execution of the certificate of authentication on the Bond; and the certificate of authentication so executed on each Bond shall be conclusive evidence that it has been authenticated and delivered under this Indenture. (2) The Initial Bond, which shall be numbered I-1, registered by the Comptroller, shall be identical to the form of Bond attached as Exhibit B, except that the second-to-last paragraph of the Initial Bond shall read as follows: "This Bond shall not be valid or become obligatory for any purpose or be entitled to any benefit or security under the Indenture unless the Comptroller’s Registration Certificate hereon has been executed by an authorized representative of the Texas Comptroller of Public Accounts by manual signature." In lieu of the authentication certificate of the Trustee, the Initial Bond shall contain the following certificate: "COMPTROLLER’S REGISTRATION CERTIFICATE: REGISTER NO. I hereby certify that this Bond has been examined, certified as to validity, and approved by the Attorney General of the State of Texas, and that this Bond has been registered by the Comptroller of Public Accounts of the State of Texas. WITNESS MY SIGNATURE AND SEAL this . Comptroller of Public Accounts of the State of Texas The provisions of Exhibit B may be rearranged or re-ordered for purposes of the Initial Bond.