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<br /> J 4'-5' <br /> (b) If the Paying Agent/Registrar resigns or otherwise <br /> ceases to serve as such, the City will promptly appoint a <br /> replacement. <br /> Section 5.04. Termination. <br /> The City reserves the right to terminate the appointment of <br /> any Paying Agent/Registrar by delivering to the entity whose <br /> appointment is to be terminated a certified copy of a resolution of <br /> the Ci ty (i) giving notice of the termination of the appointment and <br /> of the Paying Agent/Registrar Agreement, stating the effective date <br /> of such termination, and (ii) appointing a successor Paying <br /> Agent/Registrar. <br /> Section 5.05. Notice of ChanGe to Owners. <br /> Promptly upon each change in the entity serving as Paying <br /> Agent/Registrar, the City will cause notice of the change to be sent <br /> to each Owner by United States mai 1, first class postage prepaid, at <br /> the address in the Register, stating the effective date of the <br /> change and the name of the replacement Paying Agent/Registrar and <br /> the mailing address of its Paying Agent/Registrar Office. <br /> Section 5.06. AGreement to Perform Duties and Functions. <br /> ~ <br /> By accepting the appointment as Paying Agent/Registrar, the <br /> Paying Agent/Registrar is deemed to have agreed to the provisions of <br /> this Ordinance and that it will perform the duties and functions of <br /> Paying Agent/Registrar prescribed hereby. <br /> Section 5.07. Delivery of Records to Successor. <br /> If a Paying Agent/Registrar is replaced, such Paying <br /> Agent/Registrar, promptly upon the appointment of the successor, <br /> will deliver the Register (or a copy thereof) and all other <br /> pertinent books and records relating to the Bonds to the successor <br /> Paying Agent/Registrar. ' <br /> ARTICLE VI <br /> FORM OF THE BONDS <br /> Section 6.01. Form Generally. <br /> (a) The Bonds, including the Registration Certificate of <br /> the Comptroller of Public Accounts of the State of Texas, the <br /> Certificate of the Paying Agent/Registrar, and the Assignment form <br /> to appear on each of the Bonds, (i) shall be substantially in the <br /> form set forth in this Article, with such appropriate insertions, <br /> omissions, substitutions, and other variations as are permitted or <br /> required by this Ordinance, and (ii) may have such letters, numbers, <br /> 4417f <br /> -15- <br />