Common use of Redemption Procedure by Fiscal Agent Clause in Contracts

Redemption Procedure by Fiscal Agent. The Fiscal Agent shall cause notice of any redemption to be mailed by first class mail, postage prepaid, at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption, to the respective registered Owners of any Bonds designated for redemption, at their addresses appearing on the Bond registration books in the Corporate Trust Office of the Fiscal Agent; but such mailing shall not be a condition precedent to such redemption and failure to mail or to receive any such notice, or any defect therein, shall not affect the validity of the proceedings for the redemption of such Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding Bonds are to be called for redemption, shall designate the Bond numbers of the Bonds to be redeemed or shall state that all Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the Bonds of one or more maturities have been called for redemption, shall state as to any Bond called in part the principal amount thereof to be redeemed, and shall require that such Bonds be then surrendered at the Corporate Trust Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such Bonds will not accrue from and after the redemption date. The cost of mailing any such redemption notice and any expenses incurred by the Fiscal Agent in connection therewith shall be paid by the District. The District shall have the right to rescind any notice of optional redemption by written notice to the Fiscal Agent on or prior to the date fixed for redemption. Any notice of such redemption shall be cancelled and annulled if for any reason funds will not be or are not available on the date fixed for redemption for the payment in full of the Bonds then called for redemption, and such cancellation shall not constitute an Event of Default hereunder. The District and the Fiscal Agent shall have no liability to the Owners or any other party related or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original notice of redemption was sent. Upon the payment of the redemption price of Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the number identifying, by issue and maturity, the Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the Bonds or any given portion thereof, the Fiscal Agent shall select the Bonds to be redeemed, from all Bonds or such given portion thereof not previously called for redemption, among maturities as specified by the District in a written certificate delivered to the Fiscal Agent, and by lot within a maturity in any manner which the District in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the redemption of Bonds such that the remaining Debt Service payable on the Bonds shall remain as level as possible. Upon surrender of Bonds redeemed in part only, the District shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the District, a new Bond or Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the Bond or Bonds.

Redemption Procedure by Fiscal Agent. The Fiscal Agent shall cause notice of any redemption to be mailed by first class mail, postage prepaid, at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption, to the respective registered Owners of any Bonds designated for redemption, at their addresses appearing on the Bond registration books Register in the Corporate Trust Principal Office of the Fiscal Agent; but such mailing shall not be a condition precedent to such redemption and provided that, in any event, the failure to so mail or of any person or entity to receive any such notice, or any defect thereinin any notice of redemption, shall not affect the validity of the proceedings proceeding for the redemption of such Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding Bonds are to be called for redemption, shall designate the Bond numbers of the Bonds to be redeemed by giving the individual Bond number of each Bond to be redeemed or shall state that all Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the Bonds of one or more maturities have been called for redemption, shall state as to any Bond called in part the principal amount thereof to be redeemed, and shall require that such Bonds be then surrendered at the Corporate Trust Principal Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such Bonds Bonds, or the portion thereof to be redeemed, will not accrue from and after the redemption date. The cost Notwithstanding the foregoing, any notice of mailing any such redemption notice and any expenses incurred of Bonds under Section 2.03(A)(i) or (ii) may state that the redemption is conditioned upon receipt by the Fiscal Agent in connection therewith of sufficient moneys to redeem the Bonds on the anticipated redemption date, and that the redemption shall be paid not occur if by no later than the scheduled redemption date sufficient moneys to redeem the Bonds have not been deposited with the Fiscal Agent. In the event that the Fiscal Agent does not receive sufficient funds by the District. The District scheduled redemption date to so redeem the Bonds to be redeemed, the Fiscal Agent shall have the right to rescind any notice of optional redemption by send written notice to the Fiscal Agent on or prior to the date fixed for redemption. Any notice of such redemption shall be cancelled and annulled if for any reason funds will not be or are not available on the date fixed for redemption for the payment in full owners of the Bonds then called for redemptionto the effect that the redemption did not occur as anticipated, and such cancellation shall not constitute an Event of Default hereunder. The District and the Fiscal Agent shall have no liability to the Owners or any other party related or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original Bonds for which notice of redemption was sentgiven shall remain Outstanding for all purposes of this Agreement. Upon the payment of the redemption price of the Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the CUSIP number identifying, by issue and maturity, the Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the Bonds or any given portion thereofBonds, the Fiscal Agent shall select the Bonds to be redeemed, from all Bonds or such given portion thereof not previously called for redemption, among maturities as specified directed in writing by the District in a written certificate delivered Treasurer (who shall specify Bonds to be redeemed so as to maintain substantially level debt service on the Fiscal AgentBonds), and by lot within a maturity in any manner which the District in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the redemption of Bonds such that the remaining Debt Service payable on the Bonds shall remain as level as possibleFiscal Agent deems appropriate. Upon surrender of Bonds redeemed in part only, the District shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the District, a new Bond or Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the Bond or Bonds.

Redemption Procedure by Fiscal Agent. The Except as otherwise provided in Section 2.02(G), the Fiscal Agent shall cause notice of any redemption to be mailed by first class mail, postage prepaid, at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption, to the respective registered Owners of any 2014 Bonds designated for redemption, at their addresses appearing on the 2014 Bond registration books in the Corporate Trust Principal Office of the Fiscal Agent; but such mailing shall not be a condition precedent to such redemption and failure to mail or to receive any such notice, or any defect therein, shall not affect the validity of the proceedings for the redemption of such Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding Bonds are to be called for redemption, shall designate the Bond numbers of the Bonds to be redeemed or shall state that all Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the Bonds of one or more maturities have been called for redemption, shall state as to any 2014 Bond called in part the principal amount thereof to be redeemed, and shall require that such Bonds be then surrendered at the Corporate Trust Principal Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such Bonds will not accrue from and after the redemption date. The cost Notwithstanding the foregoing, in the case of mailing any such redemption of the 2014 Bonds under Section 2.03(A)(i) above, the notice and any expenses incurred of redemption may state that the redemption is conditioned upon receipt by the Fiscal Agent in connection therewith of sufficient moneys to redeem the 2014 Bonds on the anticipated redemption date, and that the redemption shall be paid not occur if by no later than the Districtscheduled redemption date sufficient moneys to redeem the 2014 Bonds have not been deposited with the Fiscal Agent. The District shall have In the right to rescind any notice of optional redemption by written notice to event that the Fiscal Agent on or prior does not receive sufficient funds by the scheduled redemption date to so redeem the date fixed for redemption. Any notice of such redemption shall 2014 Bonds to be cancelled and annulled if for any reason funds will not be or are not available on the date fixed for redemption for the payment in full of the Bonds then called for redemption, and such cancellation shall not constitute an Event of Default hereunder. The District and the Fiscal Agent shall have no liability to the Owners or any other party related or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original notice of redemption was sent. Upon the payment of the redemption price of Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the number identifying, by issue and maturity, the Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the Bonds or any given portion thereof, the Fiscal Agent shall select send written notice to the owners of the 2014 Bonds to be redeemed, from all Bonds or such given portion thereof the effect that the redemption did not previously called for redemption, among maturities occur as specified by the District in a written certificate delivered to the Fiscal Agentanticipated, and by lot within a maturity in any manner the 2014 Bonds for which the District in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the notice of redemption of Bonds such that the remaining Debt Service payable on the Bonds was given shall remain as level as possibleOutstanding for all purposes of this Agreement. Upon surrender of 2014 Bonds redeemed in part only, the School District shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the School District, a new 2014 Bond or 2014 Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the 2014 Bond or 2014 Bonds.

Redemption Procedure by Fiscal Agent. The Fiscal Agent shall cause notice of any redemption to be mailed by first first-class mail, postage prepaid, at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption, to the respective registered Owners of any Bonds designated for redemption, at their addresses appearing on the Bond registration books in the Corporate Trust Office of the Fiscal Agent; but such mailing shall not be a condition precedent to such redemption and failure to mail or to receive any such notice, or any defect therein, shall not affect the validity of the proceedings for the redemption of such Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding Bonds are to be called for redemption, shall designate the Bond numbers of the Bonds to be redeemed or shall state that all Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the Bonds of one or more maturities have been called for redemption, shall state as to any Bond called in part the principal amount thereof to be redeemed, and shall require that such Bonds be then surrendered at the Corporate Trust Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such Bonds will not accrue from and after the redemption date. The cost of mailing any such redemption notice and any expenses incurred by the Fiscal Agent in connection therewith shall be paid by the District. The District shall have the right to rescind any notice of optional redemption by written notice to the Fiscal Agent on or prior to the date fixed for redemption. Any notice of such redemption shall be cancelled and annulled if for any reason funds will not be or are not available on the date fixed for redemption for the payment in full of the Bonds then called for redemption, and such cancellation shall not constitute an Event of Default hereunder. The District and the Fiscal Agent shall have no liability to the Owners or any other party related or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original notice of redemption was sent. Upon the payment of the redemption price of Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the number identifying, by issue and maturity, the Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the Bonds or any given portion thereof, the Fiscal Agent shall select the Bonds to be redeemed, from all Bonds or such given portion thereof not previously called for redemption, among maturities as specified by the District in a written certificate delivered to the Fiscal Agent, and by lot within a maturity in any manner which the District in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the redemption of Bonds such that the remaining Debt Service payable on the Bonds shall remain as level as possible. Upon surrender of Bonds redeemed in part only, the District shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the District, a new Bond or Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the Bond or Bonds.

Redemption Procedure by Fiscal Agent. The Fiscal Agent shall cause notice of any redemption to be mailed by first class mail, postage prepaid, at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption, to the Securities Depositories and to one or more Information Services (or by such other means as permitted by such services), and to the respective registered Owners of any 2013 Bonds designated for redemption, at their addresses appearing on the 2013 Bond registration books in the Corporate Trust Principal Office of the Fiscal Agent; but such mailing shall not be a condition precedent to such redemption and failure to mail or to receive any such notice, or any defect therein, shall not affect the validity of the proceedings for the redemption of such Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding Bonds are to be called for redemption, shall designate the CUSIP numbers and Bond numbers of the 2013 Bonds to be redeemed by giving the individual CUSIP number and Bond number of each Bond to be redeemed or shall state that all Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the 2013 Bonds of one or more maturities have been called for redemption, shall state as to any 2013 Bond called in part the principal amount thereof to be redeemed, and shall require that such Bonds be then surrendered at the Corporate Trust Principal Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such Bonds will not accrue from and after the redemption date. The cost Notwithstanding the foregoing, in the case of mailing any such redemption of the 2013 Bonds under Section 2.03(A)(i) or (ii) above, the notice and any expenses incurred of redemption may state that the redemption is conditioned upon receipt by the Fiscal Agent in connection therewith of sufficient moneys to redeem the 2013 Bonds on the anticipated redemption date, and that the redemption shall be paid not occur if by no later than the scheduled redemption date sufficient moneys to redeem the 2013 Bonds have not been deposited with the Fiscal Agent. In the event that the Fiscal Agent does not receive sufficient funds by the District. The District scheduled redemption date to so redeem the 2013 Bonds to be redeemed, the Fiscal Agent shall have the right to rescind any notice of optional redemption by send written notice to the Fiscal Agent on or prior owners of the 2013 Bonds, to the date fixed for redemption. Any notice of such redemption shall be cancelled Securities Depositories and annulled if for any reason funds will not be to one or are not available on the date fixed for redemption for the payment in full more of the Bonds then called for redemptionInformation Services to the effect that the redemption did not occur as anticipated, and such cancellation shall not constitute an Event of Default hereunder. The District and the Fiscal Agent shall have no liability to the Owners or any other party related or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original 2013 Bonds for which notice of redemption was sentgiven shall remain Outstanding for all purposes of this Agreement. Upon the payment of the redemption price of 2013 Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the CUSIP number identifying, by issue and maturity, of the 2013 Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the Bonds or any given portion thereof, the Fiscal Agent shall select the Bonds to be redeemed, from all Bonds or such given portion thereof not previously called for redemption, among maturities as specified by the District in a written certificate delivered to the Fiscal Agent, and by lot within a maturity in any manner which the District in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the redemption of Bonds such that the remaining Debt Service payable on the Bonds shall remain as level as possible. Upon surrender of 2013 Bonds redeemed in part only, the District County shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the DistrictCounty, a new 2013 Bond or 2013 Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the 2013 Bond or 2013 Bonds.

Redemption Procedure by Fiscal Agent. The Except as otherwise provided in Section 2.02(G), the Fiscal Agent shall cause notice of any redemption to be mailed by first class mail, postage prepaid, at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption, to the respective registered Owners of any 2014 Bonds designated for redemption, at their addresses appearing on the 2014 Bond registration books in the Corporate Trust Principal Office of the Fiscal Agent; but such mailing shall not be a condition precedent to such redemption and failure to mail or to receive any such notice, or any defect therein, shall not affect the validity of the proceedings for the redemption of such Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding Bonds are to be called for redemption, shall designate the Bond numbers of the Bonds to be redeemed or shall state that all Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the Bonds of one or more maturities have been called for redemption, shall state as to any 2014 Bond called in part the principal amount thereof to be redeemed, and shall require that such Bonds be then surrendered at the Corporate Trust Principal Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such Bonds will not accrue from and after the redemption date. The cost Notwithstanding the foregoing, in the case of mailing any such redemption of the 2014 Bonds under Section 2.03(A)(i) above, the notice and any expenses incurred of redemption may state that the redemption is conditioned upon receipt by the Fiscal Agent in connection therewith of sufficient moneys to redeem the 2014 Bonds on the anticipated redemption date, and that the redemption shall be paid not occur if by no later than the Districtscheduled redemption date sufficient moneys to redeem the 2014 Bonds have not been deposited with the Fiscal Agent. The District shall have In the right to rescind any notice of optional redemption by written notice to event that the Fiscal Agent on or prior does not receive sufficient funds by the scheduled redemption date to so redeem the date fixed for redemption. Any notice of such redemption shall 2014 Bonds to be cancelled and annulled if for any reason funds will not be or are not available on the date fixed for redemption for the payment in full of the Bonds then called for redemption, and such cancellation shall not constitute an Event of Default hereunder. The District and the Fiscal Agent shall have no liability to the Owners or any other party related or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original notice of redemption was sent. Upon the payment of the redemption price of Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the number identifying, by issue and maturity, the Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the Bonds or any given portion thereof, the Fiscal Agent shall select send written notice to the owners of the 2014 Bonds to be redeemed, from all Bonds or such given portion thereof the effect that the redemption did not previously called for redemption, among maturities occur as specified by the District in a written certificate delivered to the Fiscal Agentanticipated, and by lot within a maturity in any manner the 2014 Bonds for which the District in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the notice of redemption of Bonds such that the remaining Debt Service payable on the Bonds was given shall remain as level as possibleOutstanding for all purposes of this Agreement. Upon surrender of Bonds 2014 Xxxxx redeemed in part only, the School District shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the School District, a new 2014 Bond or 2014 Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the 2014 Bond or 2014 Bonds.

Redemption Procedure by Fiscal Agent. The Except as otherwise provided in Section 2.02(G), the Fiscal Agent shall cause notice of any redemption of Bonds to be mailed by first class mail, postage prepaid, at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption, to the respective registered Owners of any Bonds designated for redemption, at their addresses appearing on the Bond registration books Register in the Corporate Trust Principal Office of the Fiscal Agent; but such mailing shall not be a condition precedent to such redemption and provided that the failure to so mail or of any person or entity to receive any such notice, or any defect thereinin any notice of redemption, shall not affect the validity of the proceedings for the redemption of such Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding Bonds are to be called for redemption, shall designate the Bond numbers of the Bonds to be redeemed by giving the individual Bond number of each Bond to be redeemed or shall state that all Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the Bonds of one or more maturities have been called for redemption, shall state as to any Bond called in part the principal amount thereof to be redeemed, and shall require that such Bonds be then surrendered at the Corporate Trust Principal Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such Bonds Bonds, or the portion thereof to be redeemed, will not accrue from and after the redemption date. The cost Notwithstanding the foregoing, any notice of mailing any such redemption notice and any expenses incurred of Bonds under Section 2.03(A)(i) may state that the redemption is conditioned upon receipt by the Fiscal Agent in connection therewith of sufficient moneys to redeem the Bonds on the anticipated redemption date, and that the redemption shall be paid not occur if by no later than the scheduled redemption date sufficient moneys to redeem the Bonds have not been deposited with the Fiscal Agent. In the event that the Fiscal Agent does not receive sufficient funds by the District. The District scheduled redemption date to so redeem the Bonds to be redeemed, the Fiscal Agent shall have the right to rescind any notice of optional redemption by send written notice to the Fiscal Agent on or prior to the date fixed for redemption. Any notice of such redemption shall be cancelled and annulled if for any reason funds will not be or are not available on the date fixed for redemption for the payment in full owners of the Bonds then called for redemptionto effect that the redemption did not occur as anticipated, and such cancellation shall not constitute an Event of Default hereunder. The District and the Fiscal Agent shall have no liability to the Owners or any other party related or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original Bonds for which notice of redemption was sentgiven shall remain Outstanding for all purposes of this Agreement. Upon the payment of the redemption price of Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the CUSIP number identifying, by issue and maturity, of the Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the Bonds or any given portion thereof, the Fiscal Agent shall select the Bonds to be redeemed, from all Bonds or such given portion thereof not previously called for redemption, among maturities as specified by the District in a written certificate delivered to the Fiscal Agent, and by lot within a maturity in any manner which the District in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the redemption of Bonds such that the remaining Debt Service payable on the Bonds shall remain as level as possible. Upon surrender of Bonds Xxxxx redeemed in part only, the District County shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the DistrictCounty, a new Bond or Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the Bond or Bonds. If at any time less than all of the Bonds are to be redeemed pursuant to Section 2.03(A)(i), the Finance Director shall determine the Bonds to be redeemed such that the principal due on any date of the Bonds to remain outstanding following such redemption is not greater than the then aggregate unpaid principal of the Assessments due and payable in the Fiscal Year preceding each such principal payment date for the Bonds. Within each annual series, the Fiscal Agent shall select Bonds for retirement by lot.

Redemption Procedure by Fiscal Agent. The Fiscal Agent shall cause notice of any redemption to be mailed by first class mail, postage prepaid, at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption, to the Securities Depositories and to the Municipal Securities Rulemaking Board, and to the respective registered Owners of any 2018 Bonds designated for redemption, at their addresses appearing on the 2018 Bond registration books in the Corporate Trust Principal Office of the Fiscal Agent; but such mailing shall not be a condition precedent to such redemption and failure to mail or to receive any such notice, or any defect therein, shall not affect the validity of the proceedings for the redemption of such 2018 Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding 2018 Bonds are to be called for redemption, shall designate the CUSIP numbers and 2018 Bond numbers of the 2018 Bonds to be redeemed by giving the individual CUSIP number and 2018 Bond number of each 2018 Bond to be redeemed or shall state that all 2018 Bonds between two stated 2018 Bond numbers, both inclusive, are to be redeemed or that all of the 2018 Bonds of one or more maturities have been called for redemption, shall state as to any 2018 Bond called in part the principal amount thereof to be redeemed, and shall require that such 2018 Bonds be then surrendered at the Corporate Trust Principal Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such 2018 Bonds will not accrue from and after the redemption date. The cost of mailing any such redemption notice and any expenses incurred by the Fiscal Agent in connection therewith shall be paid by the District. The District shall have City has the right to rescind any notice of the optional redemption of 2018 Bonds under Section 10.04(A)(i) by written notice to the Fiscal Agent on or prior to two Business Days prior to the date fixed for redemption. Any notice of such redemption shall be cancelled and annulled if for any reason funds will not be or are not available on the date fixed for redemption for the payment in full of the 2018 Bonds then called for redemption, and such cancellation shall not constitute an Event event of Default hereunderdefault. The District City and the Fiscal Agent shall have no liability to the Owners or any other party related to or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original notice of redemption was sentsent under this Section. Upon the payment of the redemption price of 2018 Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the CUSIP number identifying, by issue and maturity, of the 2018 Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the 2018 Bonds or of any given portion thereofmaturity, the Fiscal Agent shall select the 2018 Bonds to be redeemed, from all 2018 Bonds or such given portion thereof not previously called for redemption, among maturities as specified by the District in a written certificate delivered to the Fiscal Agent, and of such maturity by lot within a maturity in any manner which the District Fiscal Agent in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the redemption of Bonds such that the remaining Debt Service payable on the Bonds shall remain as level as possibleappropriate. Upon surrender of 2018 Bonds redeemed in part only, the District City shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the DistrictCity, a new 2018 Bond or 2018 Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the 2018 Bond or 2018 Bonds.

Redemption Procedure by Fiscal Agent. The Fiscal Agent shall cause notice of any redemption to be mailed by first class mail, postage prepaid, at least thirty (30) days but not more than sixty (60) days prior or sent by such other means as is acceptable to the date fixed for redemptionrecipient thereof, to the respective registered Owners of any Reassessment Bonds designated for redemption, at their addresses appearing on the Bond registration books Register in the Corporate Trust Principal Office of the Fiscal Agent; but such mailing shall not provided that (i) no notice of redemption need be a condition precedent given with respect to such redemption Reassessment Bonds registered in the name of the Trustee, and (ii) the failure to mail so send notice of redemption or of any person or entity to receive any such notice, or any defect thereinin any notice of redemption, shall not affect the validity of the proceedings proceeding for the redemption of such Reassessment Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding Reassessment Bonds are to be called for redemption, shall designate the Bond numbers of the Reassessment Bonds to be redeemed by giving the individual Bond number of each Reassessment Bond to be redeemed or shall state that all Reassessment Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the Reassessment Bonds of one or more maturities have been called for redemption, shall state as to any Bond called in part the principal amount thereof to be redeemed, and shall require that such Reassessment Bonds be then surrendered at the Corporate Trust Principal Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such Bonds Reassessment Bonds, or the portion thereof to be redeemed, will not accrue from and after the redemption date. The cost of mailing any such redemption notice and any expenses incurred by the Fiscal Agent in connection therewith shall be paid by the District. The District shall have the right to rescind any notice of optional redemption by written notice to the Fiscal Agent on or prior to the date fixed for redemption. Any notice of such redemption shall be cancelled and annulled if for any reason funds will not be or are not available on the date fixed for redemption for the payment in full of the Bonds then called for redemption, and such cancellation shall not constitute an Event of Default hereunder. The District and the Fiscal Agent shall have no liability to the Owners or any other party related or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original notice of redemption was sent. Upon the payment of the redemption price of Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the number identifying, by issue and maturity, the Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the Bonds or any given portion thereof, the Fiscal Agent shall select the Bonds to be redeemed, from all Bonds or such given portion thereof not previously called for redemption, among maturities as specified by the District in a written certificate delivered to the Fiscal Agent, and by lot within a maturity in any manner which the District in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the redemption of Bonds such that the remaining Debt Service payable on the Bonds shall remain as level as possible. Upon surrender of Reassessment Bonds redeemed in part only, the District Town shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the DistrictTown, a new Reassessment Bond or Reassessment Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the Reassessment Bond or Reassessment Bonds.

Redemption Procedure by Fiscal Agent. The Fiscal Agent shall cause notice of any redemption to be mailed sent by first class mail, postage prepaid, or sent by such other means as is acceptable to the recipient thereof, at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption, to the Securities Depositories and to one or more Information Services, and to the respective registered Owners of any Bonds designated for redemption, at their addresses appearing on the Bond registration books in the Corporate Trust Office of the Fiscal AgentRegister; but the sending of such mailing notice shall not be a condition precedent to such redemption and failure to mail send or to receive any such notice, or any defect therein, shall not affect the validity of the proceedings for the redemption of such Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding Bonds are to be called for redemption, shall designate the CUSIP numbers and, if applicable, Bond numbers of the Bonds to be redeemed by giving the individual CUSIP number and, if applicable, Bond number of each Bond to be redeemed or if Bond numbers have been assigned by the Fiscal Agent to the Bonds shall state that all Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the Bonds of one or more maturities have been called for redemption, shall state as to any Bond called in part the principal amount thereof to be redeemed, and shall require that such Bonds be then surrendered at the Corporate Trust Principal Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such Bonds will not accrue from and after the redemption date. The cost Notwithstanding the foregoing, in the case of mailing any such redemption of the Bonds under Section 2.03(A)(i) above, the notice and any expenses incurred of redemption may state that the redemption is conditioned upon receipt by the Fiscal Agent in connection therewith of sufficient moneys to redeem the Bonds on the anticipated redemption date, and that the redemption shall be paid not occur if by no later than the scheduled redemption date sufficient moneys to redeem the Bonds have not been deposited with the Fiscal Agent. In the event that the Fiscal Agent does not receive sufficient funds by the District. The District scheduled redemption date to so redeem the Bonds to be redeemed, the Fiscal Agent shall have the right to rescind any notice of optional redemption by send written notice to the Fiscal Agent on or prior owners of the Bonds, to the date fixed for redemption. Any notice of such redemption shall be cancelled Securities Depositories and annulled if for any reason funds will not be to one or are not available on the date fixed for redemption for the payment in full more of the Bonds then called for redemptionInformation Services to the effect that the redemption did not occur as anticipated, and such cancellation shall not constitute an Event of Default hereunder. The District and the Fiscal Agent shall have no liability to the Owners or any other party related or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original Bonds for which notice of redemption was sentgiven shall remain Outstanding for all purposes of this Agreement. Upon the payment of the redemption price of Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the CUSIP number identifying, by issue and maturity, the Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the Bonds or any given portion thereof(other than a redemption pursuant to Section 2.03(A)(ii)), the Fiscal Agent shall select the Bonds to be redeemed, from all Bonds or such given portion thereof not previously called for redemption, among maturities as specified directed in writing by the District in a written certificate delivered Treasurer (who shall specify Bonds to be redeemed so as to maintain substantially level debt service on the Fiscal AgentBonds), and by lot within a maturity in any manner which the District in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the redemption of Bonds such that the remaining Debt Service payable on the Bonds shall remain as level as possibleFiscal Agent deems appropriate. Upon surrender of Bonds redeemed in part only, the District County shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the DistrictCounty, a new Bond or Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the Bond or Bonds.

Redemption Procedure by Fiscal Agent. The Except as otherwise provided in Section 2.02(G), the Fiscal Agent shall cause notice of any redemption of Bonds to be mailed by first class mail, postage prepaid, at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption, to the respective registered Owners of any Bonds designated for redemption, at their addresses appearing on the Bond registration books Register in the Corporate Trust Principal Office of the Fiscal Agent; but such mailing shall not be a condition precedent to such redemption and provided that the failure to so mail or of any person or entity to receive any such notice, or any defect thereinin any notice of redemption, shall not affect the validity of the proceedings for the redemption of such Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding Bonds are to be called for redemption, shall designate the Bond numbers of the Bonds to be redeemed by giving the individual Bond number of each Bond to be redeemed or shall state that all Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the Bonds of one or more maturities have been called for redemption, shall state as to any Bond called in part the principal amount thereof to be redeemed, and shall require that such Bonds be then surrendered at the Corporate Trust Principal Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such Bonds Bonds, or the portion thereof to be redeemed, will not accrue from and after the redemption date. The cost Notwithstanding the foregoing, any notice of mailing any such redemption notice and any expenses incurred of Bonds under Section 2.03(A)(i) may state that the redemption is conditioned upon receipt by the Fiscal Agent in connection therewith of sufficient moneys to redeem the Bonds on the anticipated redemption date, and that the redemption shall be paid not occur if by no later than the scheduled redemption date sufficient moneys to redeem the Bonds have not been deposited with the Fiscal Agent. In the event that the Fiscal Agent does not receive sufficient funds by the District. The District scheduled redemption date to so redeem the Bonds to be redeemed, the Fiscal Agent shall have the right to rescind any notice of optional redemption by send written notice to the Fiscal Agent on or prior to the date fixed for redemption. Any notice of such redemption shall be cancelled and annulled if for any reason funds will not be or are not available on the date fixed for redemption for the payment in full owners of the Bonds then called for redemptionto effect that the redemption did not occur as anticipated, and such cancellation shall not constitute an Event of Default hereunder. The District and the Fiscal Agent shall have no liability to the Owners or any other party related or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original Bonds for which notice of redemption was sentgiven shall remain Outstanding for all purposes of this Agreement. Upon the payment of the redemption price of Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the CUSIP number identifying, by issue and maturity, of the Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the Bonds or any given portion thereof, the Fiscal Agent shall select the Bonds to be redeemed, from all Bonds or such given portion thereof not previously called for redemption, among maturities as specified by the District in a written certificate delivered to the Fiscal Agent, and by lot within a maturity in any manner which the District in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the redemption of Bonds such that the remaining Debt Service payable on the Bonds shall remain as level as possible. Upon surrender of Bonds redeemed in part only, the District County shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the DistrictCounty, a new Bond or Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the Bond or Bonds. If at any time less than all of the Bonds are to be redeemed pursuant to Section 2.03(A)(i), the Finance Director shall determine the Bonds to be redeemed such that the principal due on any date of the Bonds to remain outstanding following such redemption is not greater than the then aggregate unpaid principal of the Assessments due and payable in the Fiscal Year preceding each such principal payment date for the Bonds. Within each annual series, the Fiscal Agent shall select Bonds for retirement by lot.

Redemption Procedure by Fiscal Agent. The Fiscal Agent shall cause notice of any redemption of Bonds to be mailed by first class mailmailed, postage prepaid, at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption, to the respective registered Owners of any Bonds designated for redemption, at their addresses appearing on the Bond registration books Register in the Corporate Trust Principal Office of the Fiscal Agent, to the Original Purchaser, to the Securities Depositories and to one or more Information Services; but such mailing shall not be a condition precedent to such redemption and provided that the failure to so mail or of any person or entity to receive any such notice, or any defect thereinin any notice of redemption, shall not affect the validity of the proceedings for the redemption of such Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding Bonds are to be called for redemption, shall designate the Bond numbers of the Bonds to be redeemed by giving the individual Bond number of each Bond to be redeemed or shall state that all Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the Bonds of one or more maturities have been called for redemption, shall state as to any Bond called in part the principal amount thereof to be redeemed, and shall require that such Bonds be then surrendered at the Corporate Trust Principal Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such Bonds Bonds, or the portion thereof to be redeemed, will not accrue from and after the redemption date. The cost Notwithstanding the foregoing, in the case of mailing any such redemption of the Bonds under Section 2.03(A)(i) above, the notice and any expenses incurred of redemption shall state that the redemption is conditioned upon receipt by the Fiscal Agent in connection therewith of sufficient moneys to redeem the Bonds on the anticipated redemption date, and that the redemption shall be paid not occur if by no later than the scheduled redemption date sufficient moneys to redeem the Bonds have not been deposited with the Fiscal Agent. In the event that the Fiscal Agent does not receive sufficient funds by the District. The District scheduled redemption date to so redeem the Bonds to be redeemed, the Fiscal Agent shall have the right to rescind any notice of optional redemption by send written notice to the Fiscal Agent on or prior Owners of the Bonds, to the date fixed for redemption. Any notice of such redemption shall be cancelled Securities Depositories and annulled if for any reason funds will not be to one or are not available on the date fixed for redemption for the payment in full more of the Bonds then called for redemptionInformation Services to the effect that the redemption did not occur as anticipated, and such cancellation shall not constitute an Event of Default hereunder. The District and the Fiscal Agent shall have no liability to the Owners or any other party related or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original Bonds for which notice of redemption was sentgiven shall remain Outstanding for all purposes of this Agreement. Upon the payment of the redemption price of Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the CUSIP number identifying, by issue and maturity, of the Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the Bonds or any given portion thereof(other than a redemption pursuant to Section 2.03(A)(ii)), the Fiscal Agent shall select the Bonds to be redeemed, from all Bonds or such given portion thereof not previously called for redemption, among maturities as specified directed in writing by the District in Treasurer (who shall specify Bonds to be redeemed so as to maintain substantially level debt service on the Bonds, and who shall provide a copy of any such written certificate delivered direction to the Fiscal AgentExecutive Director), and by lot within a maturity in any manner which the District in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the redemption of Bonds such that the remaining Debt Service payable on the Bonds shall remain as level as possibleFiscal Agent deems appropriate. Upon surrender of Bonds Xxxxx redeemed in part only, the District Agency shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the DistrictAgency, a new Bond or Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the Bond or Bonds.

Redemption Procedure by Fiscal Agent. The Fiscal Agent shall cause notice of any redemption to be mailed sent by first class mail, postage prepaid, or sent by such other means as is acceptable to the recipient thereof, at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption, to the Securities Depositories and to the Information Services (or by such other means as permitted by such services), and to the respective registered Owners of any 2016 Bonds designated for redemption, at their addresses appearing on the Bond registration books in the Corporate Trust Office of the Fiscal AgentRegistration Books; but such mailing sending of the notice of redemption shall not be a condition precedent to such redemption and failure to mail or to receive any such notice, or any defect therein, shall not affect the validity of the proceedings for the redemption of such Bonds. Such notice shall state the redemption date and the redemption price and, if less than all of the then Outstanding Bonds are to be called for redemption, shall designate the CUSIP numbers and Bond numbers of the 2016 Bonds to be redeemed by giving the individual CUSIP number and Bond number of each Bond to be redeemed or shall state that all Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the 2016 Bonds of one or more maturities have been called for redemption, shall state as to any 2016 Bond called in part the principal amount thereof to be redeemed, and shall require that such Bonds be then surrendered at the Corporate Trust Principal Office of the Fiscal Agent for redemption at the said redemption price, and shall state that further interest on such Bonds will not accrue from and after the redemption date. The cost Notwithstanding the foregoing, in the case of mailing any such redemption of the 2016 Bonds under Section 2.03(A)(i) or (iii) above, the notice and any expenses incurred of redemption may state that the redemption is conditioned upon receipt by the Fiscal Agent in connection therewith of sufficient moneys to redeem the 2016 Bonds on the anticipated redemption date, and that the redemption shall be paid not occur if by no later than the scheduled redemption date sufficient moneys to redeem the 2016 Bonds have not been deposited with the Fiscal Agent. In the event that the Fiscal Agent does not receive sufficient funds by the District. The District scheduled redemption date to so redeem the 2016 Bonds to be redeemed, the Fiscal Agent shall have the right to rescind any notice of optional redemption by send written notice to the Fiscal Agent on or prior owners of the 2016 Bonds, to the date fixed for redemption. Any notice of such Securities Depositories and to the Information Services to the effect that the redemption shall be cancelled and annulled if for any reason funds will did not be or are not available on the date fixed for redemption for the payment in full of the Bonds then called for redemptionoccur as anticipated, and such cancellation shall not constitute an Event of Default hereunder. The District and the Fiscal Agent shall have no liability to the Owners or any other party related or arising from such rescission of redemption. The Fiscal Agent shall mail notice of such rescission of redemption in the same manner as the original 2016 Bonds for which notice of redemption was sentgiven shall remain Outstanding for all purposes of this Agreement. Upon the payment of the redemption price of 2016 Bonds being redeemed, each check or other transfer of funds issued for such purpose shall, to the extent practicable, bear the CUSIP number identifying, by issue and maturity, the 2016 Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in this Agreement for the redemption of less than all of the Bonds or any given portion thereof, the Fiscal Agent shall select the Bonds to be redeemed, from all Bonds or such given portion thereof not previously called for redemption, among maturities as specified by the District in a written certificate delivered to the Fiscal Agent, and by lot within a maturity in any manner which the District in its sole discretion shall deem appropriate and fair. In providing such certificate, the District shall provide for the redemption of Bonds such that the remaining Debt Service payable on the Bonds shall remain as level as possible. Upon surrender of 2016 Bonds redeemed in part only, the District City shall execute and the Fiscal Agent shall authenticate and deliver to the registered Owner, at the expense of the DistrictCity, a new 2016 Bond or 2016 Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the 2016 Bond or 2016 Bonds.