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for such consent or other action and give the Depository notice of such record date not less <br />than 15 calendar days in advance of such record date to the extent possible. <br />(g) In the event of any partial redemption of a Series 2013 Bond unless and <br />until such partially redeemed Series 2013 Bond has been replaced in accordance with the <br />provisions of this Third Supplemental Trust Indenture and Security Agreement, the books <br />and records of the Trustee shall govern and establish the principal amount of such Series <br />2013 Bond as is then outstanding and all of the Series 2013 Bonds issued to the <br />Depository or its nominee shall contain a legend to such effect. <br />If for any reason the arrangements described in this Section 11 for "book- entry-only bonds" shall cease to be <br />in effect, the Corporation (at the College's expense) shall immediately provide a supply of printed bond <br />certificates in accordance with Section 7 of this Article II, duly executed, for issuance upon transfer or partial <br />redemption and deliver such supply to the Trustee. <br />ARTICLE III <br />REDEMPTION OF BONDS BEFORE MATURITY <br />Section 1. Series 2013 Bonds maturing on or before March 1, 2018, are not subject to <br />redemption prior to maturity. <br />Section 2. Series 2013 Bonds maturing on and after March 1, 2019, are subject to <br />redemption, in whole or in part, at the option of the Corporation (as directed by the College), prior to <br />maturity, on the fifth anniversary of the date of original issue or at any time thereafter, at the principal amount <br />of each Series 2013 Bond plus accrued interest to the date fixed for redemption. <br />Section 3. The Series 2013 Bonds maturing as term bonds on March 1, 2034 and bearing a <br />stated interest rate of 3.000% ( "2034 Term Bonds ") shall be redeemed prior to their stated maturity on March <br />1, 2030 and on each March 1 thereafter (including payment at final maturity), in part, from payments due <br />under the Lease- Purchase Agreement required to be deposited to the Bond Fund, which redemptions shall be <br />in the years and for the amounts set forth below: <br />Redemption Date Amount Required to be Redeemed <br />March 1, 2030 $495,000 <br />March 1, 2031 505,000 <br />March 1, 2032 520,000 <br />March 1, 2033 540,000 <br />March 1, 2034 550,000 <br />Such mandatory redemptions for the Term Bonds shall be at a price equal to 100% of the principal amount <br />redeemed plus interest accrued on the principal amount being redeemed to the date fixed for redemption. <br />Term Bonds shall, if there is more than one such bond outstanding as of the time for giving notice of <br />redemption, be selected for redemption by the Trustee by lot using any random method for selection deemed <br />reasonable by the Trustee. <br />In each year, commencing with the year 2030 in the case of the 2034 Term Bonds, not later <br />than fifty calendar days prior to the mandatory redemption date, the College or the Corporation shall have the <br />right to submit to the Trustee for cancellation, as of the mandatory redemption date, Term Bonds which the <br />15 <br />2 13O4't €4 <br />