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f <br />maintained by DTC, its participants or persons acting through <br />such participants. <br />In the event that (a) DTC determines not to continue to <br />act as securities depository for the Bonds or (b) the Finance <br />Director of the Issuer determines that continuation of the <br />book -entry system of evidence and transfer of ownership of the <br />Bonds would adversely affect the interests of the beneficial <br />owners of the Bonds, the Issuer will discontinue the book -entry <br />system with DTC. If the Issuer identifies another qualified <br />securities depository to replace DTC, the Issuer will make <br />arrangements with DTC and such other depository to effect such <br />replacement and deliver replacement Bonds registered in the name <br />of such other depository or its nominee in exchange for the <br />outstanding Bonds, and the references to DTC or Cede & Co. in <br />this resolution shall thereupon be deemed to mean such other <br />depository or its nominee. If the Issuer fails to identify <br />another qualified securities depository to replace DTC, the <br />Issuer will deliver replacement Bonds in the form of <br />fully- registered certificates in the denomination of $5,000 or <br />any multiple thereof ( "Certificated Bonds ") in exchange for the <br />outstanding Bonds as required by DTC and others. Upon the <br />request of DTC, the Issuer may also deliver one or more <br />Certificated Bonds to any participant of DTC in exchange for <br />Bonds credited to its account with DTC. <br />9 <br />