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13068670v2 <br /> <br /> <br />17 <br /> <br />option of the holder thereof) will provide, together with any other moneys which are to be <br />deposited with the Trustee for such purpose, sufficient moneys to pay such principal, <br />redemption premium and interest. <br />The Trustee shall not authenticate any such Additional Bonds until there is also delivered <br />to the Trustee a Certified Resolution of the Issuer authorizing the Additional Bonds, executed <br />counterparts of amendments to the Loan Agreement providing for the additional payments and <br />related provisions to provide for the payment of the Additional Bonds, and such amendments and <br />further documents of the kind not described in this Section but described in Section 2.08 to the <br />extent applicable to the Additional Bonds. <br />Section 2.10 Book-Entry System. Unless otherwise provided by a Supplemental <br />Indenture to be entered into in connection with the issuance of Additional Bonds of any series, all <br />Bonds shall be initially issued in Book-Entry Form, by using and delivering to the Depository one <br />typed Bond for each stated maturity of the Bonds, registered to CEDE & Co. While the Bonds <br />remain issued in Book-Entry Form, the provisions of this Indenture which conflict with the <br />operation of the Book-Entry System shall not apply, and the provisions of the Letter of <br />Representations and related requirements of the Depository relating to such Book-Entry System <br />and the following provisions shall prevail. <br />(a) Registration, Recording and Transfer of Ownership. The Depository (or its <br />nominees) shall be and remain recorded on the registration records maintained by the <br />Trustee as the Holder of all Bonds that are in Book-Entry Form. No transfer of any Bond <br />in Book-Entry Form shall be made, except from one Depository to another (or its nominee) <br />or except to terminate the Book-Entry Form. All Bonds of each stated maturity in Book- <br />Entry Form shall be issued and remain in a single Bond certificate registered in the name <br />of the Depository (or its nominee); provided, however, that upon termination of the Book- <br />Entry System with respect to the Bonds, either at the direction of the Depository or as <br />directed by written notice from the Issuer to the Corporation, the Trustee and the <br />Depository, the Issuer shall, upon delivery of all Bonds of that series from the Depository, <br />promptly execute, and the Trustee shall thereupon authenticate and deliver, Bonds of that <br />series to all persons who were Beneficial Owners thereof immediately prior to such <br />termination; and the Trustee shall register such Beneficial Owners as Holders of the <br />applicable Bonds. The Trustee, as bond registrar and paying agent, shall maintain accurate <br />books and records of the principal balance, if any, of each such Outstanding Bond in Book- <br />Entry Form, which shall be conclusive for all purposes whatsoever. Upon the <br />authentication of any new Bond in Book-Entry Form in exchange for a previous Bond, the <br />Trustee shall designate thereon the principal balance remaining on such Bond according to <br />the Trustee’s books and records. <br />(b) Notices. The Issuer and the Trustee shall each give notices to the Depository <br />of such matters and at such times as are required by the Letter of Representations and <br />related requirements of the Depository. All notices of any nature required or permitted <br />hereunder to be delivered to a Holder of a Bond in Book-Entry Form shall be transmitted <br />to Beneficial Owners of such Bonds at such times and in such manner as shall be <br />determined by the Depository and the Participants in accordance with applicable <br />procedures of the Book-Entry System.