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Section 2.02. Denominations, Medium, Method and Piace of Payment and Dating <br />of Bonds. The Bonds shall be prepared in the form of fully registered Bonds in denominations of <br />five thousand dollars ($5,000) or any integral multiple thereof. The interest, principal and <br />prepayment premiums, if any, on the Bonds shall be payable in lawful money of the United States of <br />America. Subject to the provisions of Section 2.11 hereof, interest on the Bonds shall be payable <br />on their Interest Payment Dates by check mailed via first class mail on the Interest Payment Date by <br />the Trustee to the respective Owners [hereof as of the Record Date at their addresses as they <br />appear in the books required to be kept by the Trustee pursuant to the provisions of Section 2.07 <br />hereof or, upon the written request from any Owner of any Certificate in a denomination of, or <br />Bonds aggregating, at least $1,000,000 in principal amount, received on or prior to the fifteenth <br />day of the month preceding an applicable Interest Payment Date, by wire in Federal Reserve funds <br />on the Interest Payment. Date, with regard to which such payment is made. The principal of the <br />Bonds shall be payable on May 1 in each of the years and in the principal amounts as follows, or on <br />redemption prior thereto, upon surcender thereof at the principal corporate trust office of the <br />Trustee in San Francisco, California: <br />Yeaz Principal Interest <br />M( av l) Amount Rate <br />The Bonds shall be dated May 1, 1994, and bear interest from the Interest Payment <br />Date immediately preceding the date of authentication thereof by [he Ttustee, unless such date of <br />authentication is on or after the fifteenth (15th) day of the calendar month prior to an Interest <br />Payment Date, in which case they shall bear interest from such Interest Payment Date, or unless <br />such date of execution is prior to October 15, 1994, in which case they shall evidence and represent <br />interest from May 1, 1994. <br />Section 2.03: Interest on the Bonds; Allocation from Installment Payments. <br />(a) Interest on the Bonds shall be paid on each Interest Payment Date at the <br />rates per annum set forth in Section 2.02 hereof; calculated on [he basis of a 360-day year <br />wnsisting of twelve 30-day months. <br />9406701Z.1A1 <br />