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<br />e <br /> <br />. <br /> <br />. <br /> <br />311176.1 <br /> <br />the extent possible, give the Depository notice of such <br />special record date not less than 30 calendar days in <br />advance thereof to the extent possible. <br /> <br />(ix) Any successor Bond Registrar, in its written <br />acceptance of its duties under this Resolution and any <br />paying agency registrar agreement, shall agree to take <br />any actions necessary from time to time to comply with <br />the requirements of the Blanket. Issuer Letter of <br />Representations. <br /> <br />(x) In the case of a partial prepayment of a <br />Bond, the Holder may, in lieu of surrendering the Bond <br />for a Bond of a lesser denomination as provided in <br />paragraph 6 hereof, make a notation of the reduction in <br />principal amount on the panel provided on the Bond <br />stating the amount so redeemed. <br /> <br />(c) <br />Discontinuance <br />termination of <br />follows: <br /> <br />Termination of Book-Entry Only System. <br />of a particular Depository's services and <br />the book-entry only system may be effected as <br /> <br />(i) The Depository may determine to discontinue <br />providing its services with respect to the Bonds at any <br />time by giving written notice to the City and <br />discharging its responsibilities with respect thereto <br />under applicable law. The City may terminate the <br />services of the Depository with respect to the Bonds if <br />the City determines that the Depository is no longer <br />able to carry out its functions as securities <br />depository or the continuation of the system of book- <br />entry transfers through the Depository is not in the <br />best interests of the City. <br /> <br />(ii) Upon termination of the services of the <br />Depository as provided in the preceding paragraph, and <br />if no substitute securities depository is willing to <br />undertake the functions of the Depository hereunder can <br />be found which, in the opinion of the City, is willing <br />and able to assume such functions upon reasonable or <br />customary terms, or if the City determines that it is <br />in the best interests of the City that the Beneficial <br />Owners be issued certificates for the Bonds, the Bonds <br />shall no longer be registered in the name of the <br />Nominee, but may be registered in whatever name or <br />names the Holder of the Bonds shall designate at that <br />time, in accordance with paragraph ~~ hereof. To the <br />extent that the Beneficial Owners are designated as the <br />transferee by the Holders, in accordance with paragraph <br />11 hereof, the Bonds will be delivered to the <br />Beneficial Owners. <br /> <br />6 <br />