Bond Repurchase Clause Samples

Bond Repurchase. The Administrative Agent shall have received satisfactory evidence that the Borrower shall have irrevocably deposited funds with the trustee for the KGE Bonds for the purpose of making payments sufficient to pay in full all amounts (including, without limitation, principal, interest and premium, if any) owing in respect of the KGE Bonds when due (together with the transactions described in Section 4.1(b), the "Refinancing"). -----------