Guam § 2 - Form and Execution of Bonds.

§ 2. Form and Execution of Bonds.

The Bonds and the form of Registrar’s certificate of

authentication and registration to appear thereon shall be in

substantially the forms set forth in Exhibit A hereto, respectively.

with necessary or appropriate variations, omissions and insertions,

as permitted or required by this Indenture. Any portion of the text

of any Bond may be set forth on the reverse thereof, with an

appropriate reference thereto on the face of such Bond. Bonds may

be typewritten, printed, engraved, lithographed or otherwise

produced.

The Bonds shall be executed in the name and on behalf of the

Government with the manual or facsimile signatures of the

Governor of Guam and the Director of Administration under its

seal. Such seal may be in the form of a facsimile of the

Government’s seal and may be reproduced, imprinted or

impressed on the Bonds. The Bonds shall then be delivered to the

Registrar for authentication by it. In case any of the officers who

shall have signed any of the Bonds shall cease to be such officer

or officers of the Government before the Bonds so signed shall

have been authenticated or delivered by the Registrar or issued by

the Government, such Bonds may nevertheless be authenticated,

delivered and issued and, upon such authentication, delivery and

issue, shall be as binding upon the Government as though those

who signed the same had continued to be such officers of the

Government, and also any Bond may be signed on behalf of the

Government by such persons as at the actual date of execution of

such Bond shall be the proper officers of the Government although

at the nominal date of such Bond any such person shall not have

been such officer of the Government.

Only such of the Bonds as shall bear thereon a certificate of

authentication and registration in the form set forth in Exhibit A

hereto, manually executed by the Registrar, shall be valid or

obligatory for any purpose or entitled to the benefits of this

Indenture, and such certificate of the Registrar shall be conclusive

evidence that the Bonds so authenticated have been duly executed,

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authenticated and delivered hereunder and are entitled to the

benefits of this Indenture.