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<br />2-10. Issuance of New Notes. <br /> <br />Subject to the provisions of Section 2-9, the city <br />shall, at the request and expense of the Lender, issue new <br />notes, in aggregate outstanding principal amount equal to that <br />of the Note surrendered, and of like tenor except as to number, <br />principal amount, and the amount of the monthly installments <br />payable thereunder, and registered in the name of the Lender or <br />such transferee as may be designated by the Lender. <br /> <br />18 <br />