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<br />11 <br />Section 2.02. Denominations, Medium, Method and Place of Payment and Dating <br />of Bonds. The Bonds shall be issued in the form of fully registered Bonds in denominations of <br />five thousand dollars ($5,000) or any integral multiple thereof. Subject to the provisions of <br />Section 2.11 hereto, the interest, principal and redemption premiums, if any, on the Bonds shall <br />be payable by check in lawful money of the United States of America. Subject to the provisions <br />of Section 2.11 hereof, interest on the Bonds shall be payable on their Interest Payment Dates <br />by check mailed via first class mail on the Interest Payment Date by the Trustee to the <br />respective Owners thereof as of the Record Date at their addresses as they appear in the books <br />required to be kept by the Trustee pursuant to the provisions of Section 2.07 hereof or, upon the <br />written request from any Owner of Bonds aggregating at least $1,000,000 in principal amount, <br />received on or prior to the fifteenth day of the month preceding an applicable Interest Payment <br />Date, by wire in Federal Reserve funds to an account within the United States on the Interest <br />Payment Date, with regard to which such payment is made. <br /> <br />The principal of the Series 2017 Bonds shall be payable on February 1 in each of the <br />years and in the principal amounts as follows, or on redemption prior thereto, upon surrender <br />thereof at the Principal Office of the Trustee. <br /> <br />Year <br />(February 1) <br />Principal <br />Amount <br />Interest <br />Rate <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />The Series 2017 Bonds shall be dated as of the Closing Date, and bear interest from the <br />Interest Payment Date immediately preceding the date of authentication thereof by the Trustee, <br />unless such date of authentication is on or after the fifteenth (15th) day of the calendar month <br />prior to an Interest Payment Date, in which case they shall bear interest from such Interest <br />Payment Date, or unless such date of authentication is on or before July 15, 2017, in which <br />case they shall bear interest from the Closing Date: <br /> <br />Section 2.03. Interest on the Bonds. Interest on the Bonds shall be paid on each <br />Interest Payment Date at the rates per annum set forth in Section 2.02 hereof, calculated on the <br />basis of a 360-day year consisting of twelve 30-day months. <br /> <br />8.C. - Page 122