Orange County NC Website
22 Q <br />such bonds or portions thereof on such da~e and, if moneys for <br />payment of such redemption price and the accrued interest are <br />held by the bond Registrar as provided in the Resolution, <br />• interest on the bonds or the portions thereof so called for <br />redemption shall cease to accrue. If a portion of this bond <br />shall be called for rede:~ptian, a new bond or-bonds in principal <br />amount equal to the unredeemed portion hereof will be issued to <br />the registered owner hereof ar his legal representative upon the <br />surrender hereof. <br />The bonds are issuable in fully registered fare in the <br />denomination of $500 or any integral multiple thereof. At the <br />corporate trust of~ice of the Bond Registrar, in the manner and <br />subject to ~~he conditions provided in the Resolution, bands may -.. <br />be exchanged for an equal aggregate principal amount of bonds of <br />the same maturity, of authorized denominations and bearing <br />interest at the same rate. <br />.: <br />The Bond Registrar shall keep at its corporate trust <br />office y~he books of said County for the registration of transfer <br />of bonds. The transfer of this bond may be registered only upon <br />such books and as otherwise provided in the Resolution upon the <br />surrender hereof to the Bond Registrar together wiL~i an' <br />assignment duly executed by the registered owner hereof or his <br />attorney or legal representative in such form as shall be <br />satisfactory to L~he Bond Registrar. Upon any such registration <br />of transfer, the Band Registrar shall deliver in exchange for - <br />this bond a new bond or bonds, registered in the name of ~~he <br />transferee, of authorized denominations, in an aggregate ~ -- . <br />principal amount equal to the unredeemed principal amount of this <br />bond, of the same maturity and bearing interest at the same rate. ~-, "--, <br />The Band Registrar shall not be required to exchange ar <br />register any transfer of (i) any bond during a period beginning <br />at the opening of business fifteen (15) days before the day of <br />