Common use of Places of Payment Clause in Contracts

Places of Payment. The principal and Redemption Price of the 2022 Series __ Bonds shall be payable at the corporate trust office of The Bank of New York Mellon, as Trustee, located in the City and State of New York, except as otherwise provided in Section 202 of the General Resolution. The semi-annual interest on the 2022 Series __ Bonds shall be payable to the Holder by check or draft mailed to such Holder’s address last appearing on the registration books of the Trustee.

Places of Payment. The principal and Redemption Price of and interest on the 2022 Series __ A Bonds shall will be payable at the corporate trust office of The Bank of New York Mellon, as Trustee, located in the City and State of New York, except New York, as otherwise provided in Section 202 of the General ResolutionTrustee. The semi-annual interest on the 2022 Series __ Bonds shall be payable to the Holder Bondholder by check or draft mailed to such HolderBondholder’s address last appearing on the registration books of the Trustee.