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Upon surrender for transfer of any Bond at the prin- <br /> cipal corporate trust office of the Bond Registrar, duly endorsed <br /> by, or accompanied by a written instrument or instruments of <br /> transfer in form satisfactory to the Bond Registrar and duly <br /> executed by the registered owner or his attorney duly authorized <br /> in writing, the City shall execute and the Bond Registrar shall <br /> authenticate, date and deliver in the name of the transferee or <br /> transferees (a) in the case of any Capital Appreciation Bond, a <br /> new fully registered Capital Appreciation Bond or Bonds of the <br /> same maturity of authorized denominations, for a like aggregate <br /> Original Principal Amount of Capital Appreciation Bond or Bonds <br /> of the same maturity of other authorized denominations, or (b) in <br /> the case of any Current Interest Bond, a new fully registered <br /> Current Interest Bond or Bonds of the same interest rate and <br /> maturity of authorized denominations, for a like aggregate prin- <br /> cipal amount. Any Capital Appreciation Bond or Bonds may be <br /> exchanged at said office of the Bond Registrar for a like aggre- <br /> gate Original Principal Amount of Capital Appreciation Bond or <br /> Bonds of the same maturity of other authorized denominations. <br /> Any Current Inter�st Bond or Bonds may be exchanged at said <br /> office of the Bond Registrar for a like aggregate principal <br /> amount of Current Interest Bond or Bonds of the same interest <br /> rate and maturity of other authorized denominations. The execu- <br /> tion by the City of any fully registered Bond shall constitute <br /> full and due authorization of such Bond and the Bond Registrar <br /> _�_ <br />