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transfer the within Bond on the books kept for registration thereof, with full power of <br /> substitution in the premises. <br /> Dated: <br /> PLEASE INSERT SOCIAL SECURITY <br /> OR OTHER IDENTIFYING NUMBER NOTICE: The signature(s) to this assignment <br /> OF ASSIGNEE: must correspond with the name as it appears upon <br /> the face of the within Bond in every particular, <br /> without alteration, enlargement or any change <br /> whatsoever. <br /> Signature(s) must be guaranteed by an <br /> "eligible guarantor institution" meeting the <br /> requirements of the Bond Registrar, which <br /> requirements include membership or participation <br /> in the Securities Transfer Association Medalion <br /> Program(STAMP) or such other"signature <br /> guaranty program" as may be determined by the <br /> Bond Registrar in addition to or in substitution <br /> for STAMP, all in accordance with the Securities <br /> Exchange Act of 1934, as amended. <br /> [End of Bond Form.] <br /> 2.08. Use of Securities Depository; Book-Entry Only System. The provisions of <br /> this Section shall take precedence over the provisions of Sections 2.01 through 2.07 to the extent <br /> they are inconsistent therewith. <br /> (a) The Depository Trust Company ("DTC") has agreed to act as securities <br /> depository for the Bonds, and to provide a Book-Entry Only System for registering the <br /> ownership interest of the financial institutions for which it holds the Bonds (the "DTC <br /> Participants"), and for distributing to such DTC Participants such amount of the principal and <br /> interest payments on the Bonds as they are entitled to receive, for redistribution to the beneficial <br /> owners of the Bonds as reflected in their records (the `Beneficial Owners"). <br /> (b) Initially, and so long as DTC or another qualified entity continues to act as <br /> securities depository, the Bonds shall be issued in typewritten form, one for each maturity in a <br /> principal amount equal to the aggregate principal amount of each maturity, shall be registered in <br /> the name of the securities depository or its nominee, shall be subject to the provisions of this <br /> Section 2.08, and no Beneficial Owner shall have the right to receive a certificate of ownership <br /> or printed Bond. While DTC is acting as the securities depository, the Bonds shall be registered <br /> in the name of the DTC's nominee, CEDE & CO; provided that upon delivery by DTC to the <br /> City and the Registrar of written notice to the effect that DTC has determined to substitute a new <br /> -12- <br />