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200510856 exchange in accordance with said Section 2.03 of Article II of this Indenture, make such transfer or exchange in accordance with said Section 2.03 of Article H. Upon the appointment of a successor securities depository or termination of the book -entry system, the Trustee shall give notice of such event to the registered owners and Beneficial Owners of Building Bonds (through the Depository) and (1) of the name and address of the successor securities depository or (2) that Building Bonds may be obtained by the registered owners or Beneficial Owners of the Building Bonds, or their nominees, upon proper instructions being given to the Depository by the relevant Participant and compliance by the Depository with the provisions of this Indenture regarding registration of transfers. Notwithstanding any other provision of this Section 2.11 of Article II to the contrary, so long as any Building Bond is registered in the name of Cede & Co., as nominee of the Depository (or any successor nominee), all payments with respect to the principal and interest on such Building Bond and all notices with respect to such Building Bond shall be made and given, respectively, to the Depository as provided in the Letter of Representations. (f) In connection with any notice or other communication to be provided to Bondholders pursuant to this Indenture by the Corporation or the Trustee with respect to any consent or other action to be taken by Bondholders, the Corporation or the Trustee, as the case may be, shall establish a record date for such consent or other action and give the Depository notice of such record date not less than 15 calendar days in advance of such record date to the extent possible. (g) In the event of any partial redemption of a Building Bond, unless and until such partially redeemed Building Bond has been replaced in accordance with the provisions of this Indenture relating to partial redemption of Building Bonds, the books and records of the Trustee shall govern and establish the principal amount of such Building Bond as is then outstanding and all of the Building Bonds issued to the Depository or its nominee shall contain a legend to such effect. (h) As initially issued, the Building Bonds shall be held by the Trustee under the Depository's FAST procedures. If for any reason the arrangements described in this Section 2.11 of Article II for "book- entry-only bonds" shall cease to be in effect, the Trustee (at the City's expense) shall immediately cause to be prepared a supply of printed bond certificates, which shall be duly executed by the Corporation, for issuance upon transfer or partial redemption and shall deliver such supply to the Trustee. 17