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designation) , of an authorized denomination or denominations, in <br /> aggregate principal amount equal to the principal amount of this • <br /> Bond, of the same maturity and bearing interest at the same rate. <br /> Fees upon Transfer or Loss. The Bond Registrar may require <br /> payment of a sum sufficient to cover any tax or other governmental <br /> charge payable in connection with the transfer or exchange of this <br /> Bond and any legal or unusual costs regarding transfers and lost <br /> Bonds. <br /> Treatment of Registered Owners. The City and Bond Registrar <br /> may treat the person in whose name this Bond is registered as the <br /> owner hereof for the purpose of receiving payment as herein <br /> provided (except as otherwise provided on the reverse side hereof <br /> with respect to the Record Date) and for all other purposes, <br /> whether or not this Bond shall be overdue, and neither the City nor <br /> the Bond Registrar shall be affected by notice to the contrary. <br /> Authentication. This Bond shall not be valid or become <br /> obligatory for any purpose or be entitled to any security unless <br /> the Certificate of Authentication hereon shall have been manually <br /> executed by the Bond Registrar. <br /> Designation of Bond as Qualified Tax-Exempt Obligation. This <br /> Bond has been designated by the City as a "qualified tax-exempt <br /> obligation" for purposes of Section 265(b) (3) of the Internal <br /> Revenue Code of 1986, as amended. <br /> 238053 <br /> 10 <br />