52-91 Gen Provisions - Sanitary Sewer Spec Oblig Bonds

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thereof, shall be held by the Fiscal Agent in trust and, except for moneys déposited with or paid to the Fiscal Agent for the redemption of Bonds, notice of the redemption of which has been duly given, and moneys held by the Fiscal Agent pursuant to section 6 hereof, shall, while held by the Fiscal Agent, be subject to the lien thereof. section 17. Bond Reaister and other Duties of the Reaistrar. So long as any of the Bonds, and Notes that are issued in fully registered form pursuant to the applicable Series Legislation, remain outstanding the Registrar shall keep and maintain at its corporate trust office the Bond Register, on which it shall maintain a current and accurate record of the names and addresses of the registered owners of the Bonds, and Notes, if åpplicable (the "Holders"), and shall perform, without limitation, authentication, registration, exchange and transfer functions and related mechanical, clerical and record or bookkeeping functions in connection with the Bonds and Notes, all in accordance with this General Bond Legislation, Section 9.96 of the Ohio Revised Code and any applicable requirements of section 149(a) of the Code. Section 18. Transfer and Exchanae of Bonds. In accordance with the Bond Ordinance, the Registrar shall: (a) Exchange or transfer Bonds in accordance with Section 5 Of this General Bond Legislation. (b) Record the exchange or transfer of any Bond on the Bond Register. (c) If manual signatures on behalf of the Issuer are required, undertake the above actions only after new Bonds are signed by the authorized officers of the Issuer. (d) Complete the transfer or exchange, completion, authentioation and delivery of new Bonds in accordance with the standards and conditions applicable to 'registered corporate securities established in the Securities and Exchange Commission regulation §240.17 Ad-l and -2 as promulgated under Section 17A of thé Securities and Exchange Act of 1934, as amended. section 19. Charaes for Transfer or Exchanae. Every exchange Or transfer of Bonds shall be made without charge to the Holdérs, except that the Issuer and Registrar may make a charge sufficient to reimburse thém for any tax or other governmental charge required to be paid with respect to the exchange or transfer. The Registrar may require that those charges, if any, be paid beforé it begins the procedure for thé exchange or transfer. section 20. Lost. Stolen or Mutilated Bonds or Notes. The Registrar shall complete, authenticaté, deliver and register new Bonds to replace Bonds lost, stolen, destroyed or mutilated upon receiving evidence of the lost, stolen, destroyed or mutilatéd bond satisfactory to the Fiscal Officer and Registrar and written instruotions to do so from the .Fiscal Officer, together with evidence of indemnification of the Issuer and the Registrar by the Holder in a form satisfactory to the Fiscal Officer and the Registrar. The holder shall pay all reasonable expense of issuing the duplicaté or making the payment, including administrative and legal expenses and any printing costs. . The Registrar shall replace Notes lost, stolen, destroyed or mutilated upon réceiving évidence of the lost, stolen, destroyed or mutilated bond satisfactory to the Fiscal officer and Registrar and written instructions to do so from the Fiscal Officer, together with evidence of indemnification of the Issuer and the Registrar by the Holder in a form satisfactory to the Fiscal Officer and the Registrar. The holder shall pay all reasonable expense of issuing the duplicate or making the payment, including administrative and legal expenses and any printing costs. The duplicate Note or Notes shall be authenticated and -18-