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(a) The 2010 Bonds will be dated the date of their initial delivery to the initial • <br />purchaser thereof, and will be issuable only as fully registered Bonds in denominations of <br />$5,000 and multiples thereof. Each 2010 Bond will be payable as to interest (a) from its <br />date, if such 2010 Bond is authenticated prior to the Record Date preceding the first <br />Payment Date, (b) from the succeeding Payment Date, if such 2010 Bond is authenticated <br />between a Record Date and the succeeding Payment Date, or (c) otherwise from the <br />Payment Date that is, or immediately precedes, the date on which such 2010 Bond is <br />authenticated; provided, however, that if at the time of authentication of any 2010 Bond <br />payment of interest is in default, such 2010 Bond will be payable as to interest from the <br />date to which interest has been paid. Principal, premium, if any, and interest on all Bonds <br />will be payable in lawful money of the United States of America. <br />(b) The Bonds will be designated "Limited Obligation Bonds, Series 2010," <br />and will be in substantially the form of Exhibit B, with such changes as this Trust <br />Agreement permits or requires. The 2010 Bonds will be numbered R-1 upward for <br />identification. The 2010 Bonds will be payable as to interest semiannually until payment <br />on each Payment Date at the following rates (calculated on the basis of a 360-day year <br />consisting of twelve 30-day months), and will be payable as to principal on November 1 <br />in the following years and amounts: <br />Principal <br />Maturity Date Amount ($) Rate <br />[To come] <br />Section 1.03. Prepayment Dates and Prices. The Bonds are subject to <br />prepayment as described in Section 3.01. <br />Section 1.04. Delivery of 2010 Bonds. The Trustee will authenticate and <br />deliver the 2010 Bonds when there have been filed with or delivered to it the following: <br />(a) Original executed counterparts of this Trust Agreement, the Financing <br />Contract and the Deed of Trust. <br />(b) Certified copies of resolutions of the County Board and the Company's <br />governing board, in each case approving substantially final forms of the Financing <br />Contract and the Deed of Trust, authorizing their execution and delivery and <br />approving the execution and. delivery of the 2010 Bonds. <br />C7 <br />(c) Executed 2010 Bonds in the aggregate principal amounts, bearing interest • <br />at such rates and payable as to principal and interest at such times and in such amounts <br />as are provided in this Trust Agreement. <br />3 <br />