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SECTION 2 06 Transfer and Payment of Series 2017 Bonds Any Series <br /> 2017 Bonds may, in accordance with its terms, be transferred in the books required to be kept <br /> pursuant to the provisions of Section 2 08 by the person in whose name it is registered, in person <br /> or by his duly authorized attorney, upon surrender of such Series 2017 Bonds for cancellation <br /> accompanied by delivery of a duly executed written instrument of transfer in a form approved by <br /> the Trustee Whenever any Series 2017 Bonds or Bonds shall be surrendered for transfer, the <br /> Authority shall execute and the Trustee shall authenticate and deliver to the transferee a new <br /> Bond or Bonds of the same series and maturity for a like aggregate principal amount in <br /> authorized denominations The Trustee shall require the payment by the Holder requesting such <br /> transfer of any tax or other governmental charge required to be paid with respect to such transfer <br /> as a condition precedent to the exercise of such privilege <br /> The Authority and the Trustee may deem and treat the registered owner of any <br /> Series 2017 Bonds as the absolute owner of such Series 2017 Bonds for the purpose of receiving <br /> payment thereof and for all other purposes, whether such Series 2017 Bonds shall be overdue or <br /> not, and neither the Authority nor the Trustee shall be affected by any notice or knowledge to the <br /> contrary, and payment of the interest on and principal of and redemption premium, if any, on <br /> such Series 2017 Bonds shall be made only to such registered owner, which payments shall be <br /> valid and effectual to satisfy and discharge liability on such Series 2017 Bonds to the extent of <br /> the sum or sums so paid <br /> The Trustee shall not be required to issue, register the transfer of or exchange any <br /> Series 2017 Bonds during the fifteen(15) days preceding each interest payment date, or to <br /> register the transfer of or exchange any Series 2017 Bonds which has been selected for <br /> redemption in whole or in part, from and after the day of mailing of a notice of redemption of <br /> such Series 2017 Bonds selected for redemption in whole or in part as provided in Section 2 03 <br /> SECTION 2 07 Exchange of Series 2017 Bonds Series 2017 Bonds may <br /> be exchanged at the Principal Trust Office of the Trustee for a like aggregate principal amount of <br /> Senes 2017 Bonds of the same series and maturity of other authorized denominations The <br /> Trustee shall require the payment by the Holder requesting such exchange of any tax or other <br /> governmental charge required to be paid with respect to such exchange as a condition precedent <br /> to the exercise of such privilege The Trustee shall not be required to make any such exchange <br /> during the fifteen (15) days preceding each interest payment date <br /> SECTION 2 08 Senes 2017 Bond Registration Books The Trustee will <br /> keep at its Principal Trust Office sufficient books for the registration and transfer of the Series <br /> 2017 Bonds which shall at all times be open to inspection by the Authority during regular <br /> business hours with reasonable prior notice, and upon presentation for such purpose the Trustee <br /> shall, under such reasonable regulations as it may prescribe, register or transfer the Series 2017 <br /> Bonds in such books as hereinabove provided <br /> SECTION 2 09 Mutilated, Destroyed, Stolen or Lost Series 2017 Bonds If <br /> any Series 2017 Bond shall become mutilated the Trustee at the expense of the Holder shall <br /> thereupon authenticate and deliver, a new Series 2017 Bond of like tenor in exchange and <br /> substitution for the Series 2017 Bond so mutilated, but only upon surrender to the Trustee of the <br /> -11- <br /> 2762680 2 <br />