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(d) Use of Depository. <br /> (1) The Bonds shall be registered initially in the name of "Cede & Co.", as <br /> nominee of DTC, with one Bond maturing on each of the maturity dates for the Bonds in a <br /> denomination corresponding to the total principal therein designated to mature on such date. <br /> Registered ownership of such immobilized Bonds, or any portions thereof, may not thereafter be <br /> transferred except (A)to any successor of DTC or its nominee, provided that any such successor <br /> shall be qualified under any applicable laws to provide the service proposed to be provided by it; <br /> (B)to any substitute depository appointed by the Designated Representative pursuant to <br /> subsection (2) below or such substitute depository's successor; or (C) to any person as provided <br /> in subsection (4) below. <br /> (2) Upon the resignation of DTC or its successor (or any substitute depository <br /> or its successor) from its functions as depository or a determination by the Designated <br /> Representative to discontinue the system of book entry transfers through DTC or its successor <br /> (or any substitute depository or its successor), the Designated Representative may hereafter <br /> appoint a substitute depository. Any such substitute depository shall be qualified under any <br /> applicable laws to provide the services proposed to be provided by it. <br /> (3) In the case of any transfer pursuant to clause (A) or (B) of subsection (1) <br /> above, the Registrar shall, upon receipt of all outstanding Bonds, together with a written request <br /> of the Designated Representative, issue a single new Bond for each maturity then outstanding, <br /> registered in the name of such successor or such substitute depository, or their nominees, as the <br /> case may be, all as specified in such written request of the Designated Representative. <br /> (4) In the event that (A) DTC or its successor (or substitute depository or its <br /> successor) resigns from its functions as depository, and no substitute depository can be obtained, <br /> or (B) the Designated Representative determines that it is in the best interest of the beneficial <br /> -23- P:\20287 CMVV\20287 9RC 01/02/13 <br />