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<br />by the Corporation or the Trustee with respect to any consent or other action to be taken by <br />bondholders, the Corporation or the Trustee, as the case may be, shall establish a record date <br />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 20090 Bond unless and until <br />such partially redeemed 20090 Bond has been replaced in accordance with the provisions <br />of this Second Supplemental Trust Indenture and Security Agreement, the books and <br />records of the Trustee shall govern and establish the principal amount of such 20090 <br />Bond as is then outstanding and all of the 20090 Bonds issued to the Depository or its <br />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 (aC 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. 20090 Bonds maturing on or before March 1, 2014, are not subject to <br />redemption prior to maturity. <br />Section 2. 20090 Bonds maturing on and after March 1, 2015, are subject to redemption, in <br />whole or in part, at the option of the Corporation (as directed by the College), prior to maturity, on the fifth <br />anniversary of the date of original issue or at any time thereafter, at the principal amount of each 20090 <br />Bond plus accrued interest to the date fixed far redemption. <br />Section 3. The 20090 Bonds maturing as term bonds on March 1, 2029 and bearing a stated <br />interest rate of 4.750% ("2029 Terrn Bonds") shall be redeemed prior to their stated maturity on March 1, <br />2025 and on each March 1 thereafter (including payment at final maturity), in part, from payments due under <br />the Lease-Purchase Agreement required to be deposited to the Bond Fund, which redemptions shall be in the <br />years and for the amounts set forth below: <br />Redemption Date <br />March 1, 2025 <br />March 1, 2026 <br />March 1, 2027 <br />March 1, 2028 <br />March 1, 2029 <br />Amount Required to be Redeemed <br />$110,000 <br />115,000 <br />125,000 <br />130,000 <br />135,000 <br />The 20090 Bonds maturing as term bonds on March 1, 2034 and bearing a stated interest rate of S.1S0% <br />("2034 Term Bonds"; and together with the 2029 Terrn Bonds, the "Term Bonds") shall be redeemed prior to <br />their stated maturity on March 1, 2030 and on each March 1 thereafter (including payment at Final maturity), <br />in part, from payments due under the Lease-Purchase Agreement required to be deposited to the Bond Fund, <br />which redemptions shall be in the years and for the amounts set forth below: <br />15 <br />