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All Bonds which have been redeemed or surrendered shall be canceled or otherwise destroyed by
the Trustee in accordance with the customary practices of the Trustee and applicable record retention
requirements.
All Bonds shall be held and owned on the express condition that the foregoing provisions of this
Section are exclusive with respect to the replacement or payment of mutilated, lost, wrongfully taken or
destroyed Bonds and, to the extent permitted by law, shall preclude any and all other rights and remedies
with respect to the replacement or payment of negotiable instruments or other investment securities without
their surrender, notwithstanding any law or statute to the contrary now existing or enacted hereafter.
Section 3.07 Cancellation of Bonds. Any Bond surrendered pursuant to this Article for the
purpose of payment or retirement or for exchange, replacement or transfer shall be cancelled upon
presentation and surrender thereof to the Registrar, the Trustee or the Paying Agent. Any Bond cancelled
by the Trustee or the Paying Agent shall be transmitted promptly to the Registrar by the Trustee or Paying
Agent.
The Issuer, or the Borrower on behalf of the Issuer, may deliver at any time to the Registrar for
cancellation any Bonds previously authenticated and delivered hereunder, which the Issuer or the Borrower
may have acquired in any manner whatsoever. All Bonds so delivered shall be cancelled promptly by the
Registrar. Certification of the surrender and cancellation shall be made to the Issuer and the Trustee by the
Registrar upon written request to the Registrar. All cancelled Bonds shall be destroyed by the Registrar in
accordance with the customary practices of the Registrar. The costs of such shredding, incineration and
certification shall constitute Ordinary Expenses payable as scheduled pursuant to Section 6.03 hereof.
Section 3.08 Special Agreement with Holders. Notwithstanding any provision of this
Indenture or of any Bond to the contrary, with the written approval of the Borrower, the Trustee may enter
into an agreement with any Holder providing for making all payments to that Holder of principal of and
interest on that Bond or any part thereof (other than any payment of the entire unpaid principal amount
thereof) at a place and in a manner other than as provided in this Indenture and in the Bond, without
presentation or surrender of the Bond, upon any conditions which shall be satisfactory to the Trustee and
the Borrower; provided, that payment in any event shall be made to the Person in whose name a Bond shall
be registered on the Register, with respect to payment of principal, on the date such principal is due, and,
with respect to the payment of interest, as of the applicable Regular Record Date or Special Record Date,
as the case may be.
The Trustee will furnish a copy of each of those agreements, certified to be correct by an officer of
the Trustee, to the Registrar, the Issuer, and the Borrower. Any payment of principal or interest pursuant
to such an agreement shall constitute payment thereof pursuant to, and for all purposes of, this Indenture.
Notwithstanding the foregoing, the Bonds issued under this Indenture are subject to the procedures
of the Depository.
Section 3.09 Book-Entry Only System. Notwithstanding any provision of this Indenture to the
contrary, the Issuer may direct that all Bonds issued hereunder shall be initially issued in a Book-Entry
System, registered in the name of a Depository or its nominee as the registered owner of the Bonds, and
held in the custody of that Depository. Unless otherwise requested by a Depository, a single certificate will
be issued and delivered to the Depository for each maturity of Bonds. Beneficial owners of Bonds in a
Book-Entry System will not receive physical delivery of Bond certificates except as provided hereinafter.
For so long as a Depository shall continue to serve as securities depository for the Bonds as provided herein,
all transfers of beneficial ownership interests will be made by book-entry only, and no investor or other
party purchasing, selling or otherwise transferring beneficial ownership of Bonds is to receive, hold or
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