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Subordinate Obligations outstanding immediately subsequent to the incurring of such additional <br />obligations. <br />Book -Entry Only System <br />DTC will act as securities depository for the Bonds. The Bonds will be issued as fully- registered Bonds <br />registered in the name of Cede & Co., (DTC's partnership nominee). One fully- registered Bond will be issued <br />for each maturity of the Bonds, each in the aggregate principal amount of such maturity, and will be deposited <br />with DTC. See "APPENDIX E - BOOK ENTRY PROVISIONS" herein. <br />The Authority, the City and the Trustee cannot and do not give any assurances that DTC, DTC <br />Participants or others will distribute payments of principal, interest or premium on the Bonds paid to DTC or its <br />nominee as the registered owner, or will distribute any redemption notices or other notices, to the Beneficial <br />Owners, or that they will do so on a timely basis or will serve and act in the manner described in this Official <br />Statement. The Authority, the City and the Trustee are not responsible or liable for the failure of DTC or any <br />DTC Participant to make any payment or give any notice to a Beneficial Owner with respect to the Bonds or an <br />error or delay relating thereto. <br />80A -150 <br />10 <br />