Common use of Bonds Mutilated, Lost, Destroyed or Stolen Clause in Contracts

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the District, at the expense of the Owner of said Bond, shall execute, and the Paying Agent shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent shall be canceled by it and delivered to, or upon the order of, the District. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent and, if such evidence and indemnity satisfactory to the Paying Agent and the District shall be given, the County on behalf of the District, at the expense of the Owner, shall execute, and the Paying Agent shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent may pay the same without surrender thereof). The District may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement Bond issued under this Section and of the expenses which may be incurred by the District and the Paying Agent. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement with all other Bonds secured by this Paying Agent Agreement.

Appears in 3 contracts

Samples: Paying Agent Agreement, Paying Agent Agreement, Paying Agent Agreement

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Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictIssuer, at the expense of the Owner Holder of said BondXxxx, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor subseries, maturity, Mode, Interest Period, and interest rate in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled cancelled by it and delivered to, or upon the order of, the DistrictIssuer. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence be satisfactory to the Trustee and indemnity satisfactory to the Paying Agent Trustee to hold the Issuer and the District Trustee harmless shall be given, the County on behalf of the DistrictIssuer, at the expense of the OwnerHolder of such Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor maturity, Mode, Interest Period, and interest rate in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement substitute Bond, the Paying Agent Trustee may pay the same without surrender thereof). The District Issuer may require payment by the Owner Holder of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section and of the expenses which that may be incurred by the District Issuer and the Paying AgentTrustee in the premises. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Issuer whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Bond Indenture with all other Bonds secured by this Paying Agent AgreementBond Indenture.

Appears in 3 contracts

Samples: Bond Indenture (SemGroup Corp), General Agreement (SemGroup Corp), Bond Indenture (SemGroup Corp)

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, mutilated the County on behalf of the DistrictAgency, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and number in exchange and substitution replacement for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the DistrictAgency. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence and indemnity be satisfactory to the Paying Agent Trustee and indemnity for the Agency and the District Trustee satisfactory to the Trustee shall be given, the County on behalf of the DistrictAgency, at the expense of the Ownerowner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and number in lieu of and in replacement for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionstolen, instead of issuing a replacement Bond, the Paying Agent may pay the same without surrender thereof). The District Agency may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement Bond issued under this Section and of the expenses which may be incurred by the District Agency and the Paying AgentTrustee in connection therewith. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Agency whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by issued pursuant to this Paying Agent AgreementIndenture.

Appears in 2 contracts

Samples: dockets.sandiego.gov, docs.sandiego.gov

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the District, at the expense of the Owner of said BondXxxx, shall execute, and the Paying Agent shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent shall be canceled by it and delivered to, or upon the order of, the District. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent and, if such evidence and indemnity satisfactory to the Paying Agent and the District shall be given, the County on behalf of the District, at the expense of the Owner, shall execute, and the Paying Agent shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent may pay the same without surrender thereof). The District may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement Bond issued under this Section and of the expenses which may be incurred by the District and the Paying Agent. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement with all other Bonds secured by this Paying Agent Agreement.

Appears in 2 contracts

Samples: Paying Agent Agreement, Paying Agent Agreement

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of Issuer, upon the District, request and at the expense of the Owner of said Bond, shall execute, and the Paying Agent Registrar shall thereupon authenticate and deliver, a new Bond of like tenor and number in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Registrar of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Registrar shall be canceled by it and delivered to, or upon to the order of, the DistrictCompany. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent andIssuer, the Company and the Registrar, and if such evidence shall be satisfactory to them and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictIssuer, at the expense of the Owner, shall execute, and the Paying Agent Registrar shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement Bond, substitute Bond the Paying Agent Registrar may pay the same without surrender thereof). The District Issuer may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section and payment of the expenses which may be incurred by the District Issuer and the Paying AgentRegistrar. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Issuer whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture. To the extent permitted by law, the provisions of this Section are exclusive and shall preclude all other rights and remedies with respect to the replacement or payment of mutilated, lost, destroyed or stolen Bonds.

Appears in 2 contracts

Samples: Loan Agreement (Navistar International Corp), Green Plains Renewable Energy, Inc.

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner Holder of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the DistrictAuthority. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence be satisfactory to it and indemnity satisfactory to the Paying Agent and the District it shall be given, the County on behalf of the DistrictAuthority, at the expense of the OwnerHolder, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen. If any Bond mutilated, lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionmatured, instead of issuing a replacement Bond, substitute Bond the Paying Agent Trustee may pay the same without surrender thereof)upon receipt of indemnity satisfactory to the Trustee. The District Authority may require payment by from the Owner Holder of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 2 contracts

Samples: Indenture, Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and Series in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon in accordance with the order of, the DistrictAuthority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence and indemnity satisfactory to the Paying Agent and the District Trustee shall be given, the County on behalf of the DistrictAuthority, at the expense of the Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and Series in lieu of and in replacement for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent Trustee may pay the same without surrender thereof). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee. Any Bond of a Series issued under the provisions of this Section in lieu of any Bond of such Series alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds of such Series secured by this Paying Agent AgreementIndenture.

Appears in 2 contracts

Samples: Indenture, Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of Authority, upon the District, request and at the expense of the Owner holder of said Bond, shall execute, and the Paying Agent Registrar shall thereupon authenticate and deliver, a new Bond of like tenor and number in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Registrar of the Bond Bonds so mutilated. Every mutilated Bond so surrendered to the Paying Agent Registrar shall be canceled cancelled by it and delivered todestroyed and, or upon the order ofwritten request of the Authority, a certificate evidencing such destruction shall be delivered to the DistrictAuthority, with a copy to the Borrower. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent andAuthority, the Borrower and the Registrar, and if such evidence be satisfactory to them and indemnity satisfactory to the Paying Agent and the District them shall be given, the County given by or on behalf of the Districtholder of such lost, destroyed or stolen Bond, the Authority, at the expense of the Ownerholder, shall execute, and the Paying Agent Registrar shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement Bond, substitute Bond the Paying Agent Registrar may pay the same without surrender thereof). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section and payment of the expenses which may be incurred by the District Authority and the Paying AgentRegistrar. Any Bond issued under the provisions of this Section in lieu of any Bond mutilated or alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond mutilated or so alleged to be lost, destroyed or stolen shall be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 2 contracts

Samples: Indenture (Safety Kleen Corp/), Laidlaw Environmental Services Inc

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and authorized denomination in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled cancelled by it and delivered to, or upon destroyed in accordance with the order of, retention policy of the DistrictTrustee then in effect. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence be satisfactory to it and indemnity satisfactory to the Paying Agent and the District it shall be given, the County on behalf of the District, at the expense of the Bond Owner, the Authority shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement Bond, substitute Bond the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee). The District Trustee may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 2 contracts

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net, mccmeetingspublic.blob.core.usgovcloudapi.net

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the Community Facilities District, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and Series in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the Community Facilities District. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence and indemnity satisfactory to the Paying Agent and the District Trustee shall be given, the County on behalf of the Community Facilities District, at the expense of the Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and Series in lieu of and in replacement for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent Trustee may pay the same without surrender thereof). The Community Facilities District may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement Bond issued under this Section and of the expenses which may be incurred by the Community Facilities District and the Paying AgentTrustee. Any Bond of a Series issued under the provisions of this Section in lieu of any Bond of such Series alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the Community Facilities District whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds of such Series secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliverdeliver at the expense of the Authority, a new Bond of like tenor tenor, maturity and aggregate principal amount in an authorized denomination in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the DistrictTrustee. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence shall be satisfactory to it and indemnity satisfactory to the Paying Agent and the District it shall be given, the County on behalf of the DistrictAuthority, at the expense of the Bond Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like series and tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement Bond, substitute Bond the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section and of the expenses which that may be incurred by the District Authority and the Paying AgentTrustee. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen shall be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictTrustee, at the expense of the Owner of said Bondthereof, shall execute, and the Paying Agent shall thereupon authenticate and deliver, deliver a new Bond of like tenor tenor, payment date in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the Districtit. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent andTrustee, and if such evidence is satisfactory to the Trustee and indemnity satisfactory to the Paying Agent and the District Trustee shall be given, the County on behalf of the DistrictTrustee, at the expense of the OwnerOwner thereof, shall execute, and the Paying Agent shall thereupon authenticate and deliver, deliver a new Bond of like tenor tenor, numbered as the Trustee shall determine, in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent may pay the same without surrender thereof)stolen. The District may Trustee shall require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued authenticated and delivered by it under this Section and of the expenses which may be incurred by the District and the Paying Agentit under this Section. Any Bond issued authenticated and delivered under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an be equally and proportionately entitled to the benefits hereof with all other Bonds secured hereby, and the Trustee shall not be required to treat both the original additional contractual obligation on Bond and any replacement Bond as being Outstanding for the part purpose of determining the District whether amount of Bonds which may be executed and delivered hereunder or not for the purpose of determining any percentage of Bonds Outstanding hereunder, but both the original and replacement Bond so alleged to shall be treated as one and the same. Notwithstanding any other provision of this Section, in lieu of authenticating and delivering a new Bond for a Bond which has been lost, destroyed or stolen be at any time enforceable by anyoneand which has matured or will mature within 30 days after the Trustee has received all required indemnity and payments on account of a lost, and shall be entitled destroyed or stolen Bond, the Trustee may make payment of such Bond to the benefits of this Paying Agent Agreement with all other Bonds secured by this Paying Agent AgreementOwner thereof on or after the maturity date.

Appears in 1 contract

Samples: Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of Issuer, upon the District, request and at the expense of the Owner of said Bond, shall execute, and the Paying Agent Registrar shall thereupon authenticate and deliver, a new Bond of like tenor and number in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Registrar of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Registrar shall be canceled by it and delivered to, or upon to the order of, the DistrictCompany. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent andIssuer, the Company and the Registrar, and if such evidence shall be satisfactory to them and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictIssuer, at the expense of the Owner, shall execute, and the Paying Agent Registrar shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement Bond, substitute Bond the Paying Agent Registrar may pay the same without surrender thereof). The District Issuer may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section 2.07 and payment of the expenses which may be incurred by the District Issuer and the Paying AgentRegistrar. Any Bond issued under the provisions of this Section in lieu of any -26- Forsyth Series 1998B Trust Indenture Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Issuer whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Enron Corp/Or/

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner Holder of said BondXxxx, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and upon request delivered to, or upon to the order of, the DistrictAuthority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence be satisfactory to it and indemnity satisfactory to the Paying Agent and the District it shall be given, the County on behalf of the DistrictAuthority, at the expense of the OwnerHolder, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement Bondsubstitute Xxxx, the Paying Agent Trustee may pay the same without surrender thereof). The District Authority may require payment by the Owner Holder of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee in the premises. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: New Jersey Resources Corp

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of Issuer, upon the District, request and at the expense of the Owner holder of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, deliver a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Registrar of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Registrar shall be canceled treated by it and delivered tothe Trustee in accordance with its document retention policies (provided that the Trustee shall not be required to destroy such Bonds) and, or upon the order ofwritten request of the Issuer, a certificate evidencing such disposition shall be delivered to the DistrictIssuer, with a copy to the Borrower. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent andIssuer, the Borrower and the Registrar, and if such evidence be satisfactory to them and indemnity satisfactory to the Paying Agent and the District them shall be given, the County given by or on behalf of the Districtholder of such lost, destroyed or stolen Bond, the Issuer, at the expense of the Ownerholder, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement Bondsubstitute Bond the Trustee shall, at the Paying Agent may direction of the Issuer, pay the same without surrender thereof). The District Issuer may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section and payment of the expenses which may be incurred by the District Issuer and the Paying AgentTrustee. Any Bond issued under the provisions of this Section in lieu of any Bond mutilated or alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Issuer whether or not the Bond mutilated or so alleged to be lost, destroyed or stolen shall be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture. All Bonds shall be held and owned upon the express condition that, to the extent permitted by law, the foregoing provisions are exclusive with respect to the replacement or payment of lost, destroyed or improperly cancelled Bonds, notwithstanding any law or statute now existing or hereafter enacted.

Appears in 1 contract

Samples: El Paso Electric Co /Tx/

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said BondXxxx, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor tenor, maturity and principal amount in an authorized denomination in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled cancelled by it and delivered to, or upon the order of, the DistrictAuthority. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and the Trustee and, if such evidence shall be satisfactory to them and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictAuthority, at the expense of the Bond Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement Bond, substitute Bond the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee and the Authority). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section and of the expenses which that may be incurred by the District Authority and the Paying AgentTrustee. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen shall be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent Agreement.Indenture.β€Œ

Appears in 1 contract

Samples: Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of Issuer, upon the District, request and at the expense of the Owner of said Bond, shall execute, and the Paying Agent Registrar shall thereupon authenticate and deliver, a new Bond of like tenor and -26- Forsyth Series 1998A Trust Indenture number in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Registrar of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Registrar shall be canceled by it and delivered to, or upon to the order of, the DistrictCompany. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent andIssuer, the Company and the Registrar, and if such evidence shall be satisfactory to them and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictIssuer, at the expense of the Owner, shall execute, and the Paying Agent Registrar shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement Bond, substitute Bond the Paying Agent Registrar may pay the same without surrender thereof). The District Issuer may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section 2.07 and payment of the expenses which may be incurred by the District Issuer and the Paying AgentRegistrar. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Issuer whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Enron Corp/Or/

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the District, at the expense of the Owner of said Bond, Authority shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and authorized denomination in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon destroyed and the order of, Trustee shall provide evidence of such destruction to the DistrictAuthority. If any Bond Xxxx issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and the Trustee and, if such evidence and indemnity be satisfactory to the Paying Agent Trustee and indemnity for the Authority and the District Trustee satisfactory to the Trustee shall be given, the County on behalf of the DistrictAuthority, at the expense of the Bond Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement substitute Bond, the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of the aforementioned indemnity). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section 2.09 and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee in connection therewith. Any Bond issued under the provisions of this Section 2.09 in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAgency, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor tenor, maturity and aggregate principal amount in an authorized denomination in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the DistrictTrustee. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence shall be satisfactory to it and indemnity satisfactory to the Paying Agent and the District it shall be given, the County on behalf of the DistrictAgency, at the expense of the Bond Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like series and tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement Bond, substitute Bond the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee). The District Agency may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section and of the expenses which that may be incurred by the District Agency and the Paying AgentTrustee. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Agency whether or not the Bond so alleged to be lost, destroyed or stolen shall be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled cancelled by it and delivered to, or upon the order of, the DistrictAuthority, or, at the option of the Trustee, the Trustee shall deliver a certificate with respect to the destruction to the Authority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and the Trustee and, if such evidence be satisfactory to both and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictAuthority, at the expense of the Ownerowner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent may pay the same without surrender thereof)stolen. The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee in the premises. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Operating Agreement (BFC Guaranty Corp)

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the District, at the expense of the Owner of said Bond, Trustee shall execute, and the Paying Agent shall thereupon authenticate and deliver, deliver a new Bond of like tenor series, tenor, maturity and principal amount in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the Districtdestroyed. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee, and, if such evidence is satisfactory to the Trustee and indemnity satisfactory to the Paying Agent Trustee shall be given indemnifying the Trustee, the Authority and the District shall be givenCity, the County on behalf of the DistrictTrustee, at the expense of the Bond Owner, shall execute, execute and the Paying Agent shall thereupon authenticate and deliver, deliver a new Bond of like series, tenor and maturity, and numbered as the Trustee shall determine, in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent may pay the same without surrender thereof)stolen. The District Trustee may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued executed under this Section and of the expenses which may be incurred by the District and the Paying AgentTrustee under this Section. Any Bond issued executed under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, equally and shall be proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture. The Trustee shall not be required to treat both the original Bond and any replacement Bond as being Outstanding for the purpose of determining the principal amount of Bonds which may be executed hereunder or for the purpose of determining any percentage of Bonds Outstanding hereunder, but both the original and replacement Bond shall be treated as one and the same. Notwithstanding any other provision of this Section, in lieu of delivering a new Bond for a Bond which has been mutilated, lost, destroyed or stolen and which has matured or has been selected for redemption, the Trustee may make payment of such Bond upon receipt of indemnity satisfactory to the Trustee.

Appears in 1 contract

Samples: stockton.granicus.com

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictSuccessor Agency, at the expense of the Owner of said such Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and amount in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the Districtit. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Successor Agency and the Trustee and, if such evidence be satisfactory to both and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictSuccessor Agency, at the expense of the Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and amount in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have has matured or shall have has been selected called for redemption, instead of issuing a replacement substitute Bond, the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee and the Successor Agency). The District Successor Agency may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section 2.10 and of the expenses which may be incurred by the District Successor Agency and the Paying AgentTrustee in the premises. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Successor Agency whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by issued pursuant to this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: www.palmspringsca.gov

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the DistrictAuthority. If any Bond shall be alleged to be lost, destroyed or stolen, evidence of such loss, destruction or theft may shall be submitted to the Paying Agent Trustee and, if such evidence be satisfactory to the Trustee and indemnity satisfactory to the Paying Agent and the District it shall be given, the County on behalf of the DistrictAuthority, at the expense of the Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if stolen. If any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement substitute Bond, the Paying Agent Trustee may pay the same without surrender thereof)thereof upon receipt of the aforementioned indemnity. The District Trustee may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section 2.08 and of the expenses which may be incurred by the District and the Paying AgentTrustee in connection therewith. Any Bond issued under the provisions of this Section 2.08 in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be determined at any time to be enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like series, tenor and authorized denomination in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled cancelled by it and delivered to, or upon the order of, the Districtdestroyed. If any Bond hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and the Authority and, if such evidence and indemnity be satisfactory to the Paying Agent Trustee and the District Authority and indemnity for the Trustee and the Authority satisfactory to the Trustee shall be given, the County on behalf of the DistrictAuthority, at the expense of the Bond Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like series and tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement Bond, substitute Bond the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of fee for preparing and authenticating each replacement new Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee. Any Bond issued under the provisions of this Section 2.08, in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Fiscal Agent Agreement

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, deliver a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled cancelled by it and delivered to, or upon the order of, the Districtdestroyed. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and the Trustee and, if such evidence be satisfactory to both and indemnity satisfactory to the Paying Agent and the District them shall be given, then the County on behalf of the DistrictAuthority, at the expense of the Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent may pay the same without surrender thereof)stolen. The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee in the premises. If any such destroyed, stolen or lost Bond shall have matured or shall have been called for redemption, payment of the amount due thereon may be made by the Trustee at the direction of the Authority upon receipt of like proof, indemnity and payment of expenses. Any such substitute Bond issued under the provisions of pursuant to this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and section shall be entitled to the equal and proportionate benefits of this Paying Agent Agreement with all other Bonds secured by this Paying Agent Agreementissued hereunder. The Authority and the Trustee shall not be required to treat both the original Bond and any substitute Bond as being Outstanding for the purpose of determining the principal amount of Bonds which may be issued hereunder or for the purpose of determining any percentage of Bonds Outstanding hereunder, but both the original and substitute Bond shall be treated as one and the same.

Appears in 1 contract

Samples: Trust Agreement

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of the same maturity in a like tenor principal amount in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the DistrictAuthority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence and indemnity satisfactory to the Paying Agent and the District Trustee shall be given, the County on behalf of the DistrictAuthority, at the expense of the Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of the same maturity in a like tenor aggregate principal amount in lieu of and in replacement for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent Trustee may pay the same without surrender thereof). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement Bond issued under this Section and of the expenses which that may be incurred by the District Authority and the Paying AgentTrustee. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said BondXxxx, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of the same maturity in a like tenor principal amount in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the DistrictAuthority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence and indemnity satisfactory to the Paying Agent and the District Trustee shall be given, the County on behalf of the DistrictAuthority, at the expense of the Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of the same maturity in a like tenor aggregate principal amount in lieu of and in replacement for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent Trustee may pay the same without surrender thereof). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement Bond issued under this Section and of the expenses which that may be incurred by the District Authority and the Paying AgentTrustee. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become becomes mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and authorized denomination in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled cancelled by it and delivered to, or upon the order of, the DistrictAuthority. If any Bond shall be issued hereunder is lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence be satisfactory to it and indemnity satisfactory to the Paying Agent and the District shall be givenit, the County on behalf of the DistrictAuthority, at the expense of the Bond Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have has matured or shall have has been selected called for redemption, instead of issuing a replacement Bond, substitute Bond the Paying Agent Trustee may pay the same without surrender thereof)thereof upon receipt of indemnity satisfactory to the Trustee. The District Trustee may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Fiscal Agent Agreement

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictSuccessor Agency, at the expense of the Owner of said such Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and amount in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the Districtit. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Successor Agency and the Trustee and, if such evidence be satisfactory to both and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictSuccessor Agency, at the expense of the Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and amount in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have has matured or shall have has been selected called for redemption, instead of issuing a replacement Bondsubstitute Xxxx, the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee and the Successor Agency). The District Successor Agency may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section 2.10 and of the expenses which may be incurred by the District Successor Agency and the Paying AgentTrustee in the premises. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Successor Agency whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by issued pursuant to this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Bond Purchase Agreement

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner Holder of said BondXxxx, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and upon request delivered to, or upon to the order of, the DistrictAuthority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and the Trustee and, if such evidence be satisfactory to both and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictAuthority, at the expense of the OwnerHolder, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionmatured, instead of issuing a replacement Bondsubstitute Xxxx, the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee). The District Authority may require payment by the Owner Holder of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee in the premises. If, after the delivery of such new Bond, a bona fide purchaser of the original Bond in lieu of which such new Bond was issued presents for payment or registration such original Bond, the Trustee shall be entitled to recover such new Bond from the person to whom it was delivered or any person taking therefrom, except a bona fide purchaser, and shall be entitled to recover upon the security or indemnity provided therefor to the extent of any loss, damage, cost or expense incurred by the Trustee or the Authority in connection therewith. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: California Pollution Control (SJW Corp)

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the DistrictAuthority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and the Trustee and, if such evidence and be satisfactory to them an indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictAuthority, at the expense of the OwnerOwner of such lost, destroyed or stolen Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement substitute Bond, the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section 2.08 and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee in the premises. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement with all other Bonds secured by this Paying Agent Agreement.Section

Appears in 1 contract

Samples: Master Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the District, at the expense of the Owner of said Bond, Authority shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and authorized denomination in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon destroyed and the order of, Trustee shall provide evidence of such destruction to the DistrictAuthority. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and the Trustee and, if such evidence and indemnity be satisfactory to the Paying Agent Trustee and indemnity for the Authority and the District Trustee satisfactory to the Trustee shall be given, the County on behalf of the DistrictAuthority, at the expense of the Bond Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement substitute Bond, the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of the aforementioned indemnity). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section 2.09 and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee in connection therewith. Any Bond issued under the provisions of this Section 2.09 in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net

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Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner Holder of said Bond, shall executeexecxxx, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and number in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the DistrictAuthority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and the Trustee and, if such evidence be satisfactory to both and indemnity satisfactory to the Paying Agent and the District them both shall be given, the County on behalf of the DistrictAuthority, at the expense of the OwnerHolder, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and number in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement substitute Bond, the Paying Agent Trusxxx may pay the same without surrender thereof). The District Authority may require payment by the Owner Holder of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee in connection therewith. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Nutrition Management Services Co/Pa

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictIssuer, at the expense of the Owner Holder of said BondXxxx, shall execute, and the Paying Agent Bond Tnustee shall thereupon authenticate and deliver, a new Bond of like tenor and number in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Bond Tnustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Bond Tnustee shall be canceled cancelled by it and delivered to, or upon the order of, the DistrictIssuer. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction destmction or theft may be submitted to the Paying Agent Issuer and the Bond Trustee and, if such evidence be satisfactory to both and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictIssuer, at the expense of the OwnerHolder, shall execute, and the Paying Agent Bond Tmstee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement Bondsubstitute Xxxx, the Paying Agent Bond Trustee may pay the same without surrender thereof). The District Issuer may require payment by the Owner Holder of a sum not exceeding the actual cost and expenses of preparing each replacement new Bond issued under this Section and of the expenses which that may be incurred by the District Issuer and the Paying AgentBond Trustee in the premises. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District whether Issuer Whether or not not- the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Bond Indenture with all other Bonds secured by this Paying Agent AgreementBond Indenture.

Appears in 1 contract

Samples: Trust Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictBoard, at the expense of the Owner Holder of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and number in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the DistrictBoard. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Board and the Trustee and, if such evidence be satisfactory to both and indemnity satisfactory to the Paying Agent and the District them both shall be given, the County on behalf of the DistrictBoard, at the expense of the OwnerHolder, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and number in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement substitute Bond, the Paying Agent Trustee may pay the same without surrender thereof). The District Board may require payment by the Owner Holder of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section and of the expenses which may be incurred by the District Board and the Paying AgentTrustee in connection therewith. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Board whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Trust Indenture (Central Sprinkler Corp)

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner Holder of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor Series, tenor, maturity and interest rate in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it the Trustee and delivered to, or upon the order Order of, the DistrictAuthority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and to the Trustee and, if such evidence be satisfactory to both and indemnity satisfactory to the Paying Agent and the District both shall be given, the County on behalf of the DistrictAuthority, at the expense of the OwnerHolder, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor Series, tenor, maturity and interest rate in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement substitute Bond, the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of the aforementioned indemnity). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee in the premises. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Trust Agreement with all other Bonds secured by this Paying Agent Trust Agreement. Neither the Authority nor the Trustee shall be required to treat both the original Bond and any replacement Bond as being Outstanding for the purpose of determining the principal amount of Bonds which may be issued hereunder or for the purpose of determining any percentage of Bonds Outstanding hereunder, but both the original and replacement Bond shall be treated as one and the same.

Appears in 1 contract

Samples: Trust Agreement

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the District, at the expense of the Owner of said Bond, shall execute, and the Paying Agent shall thereupon authenticate and deliver, a new Bond of the same Series and maturity in a like tenor principal amount in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent shall be canceled by it and delivered to, or upon the order of, the District. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent and, if such evidence and indemnity satisfactory to the Paying Agent and the District shall be given, the County on behalf of the District, at the expense of the Owner, shall execute, and the Paying Agent shall thereupon authenticate and deliver, a new Bond of the same Series and maturity in a like tenor aggregate principal amount in lieu of and in replacement for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent may pay the same without surrender thereof). The District may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement Bond issued under this Section and of the expenses which may be incurred by the District and the Paying AgentAgent in connection therewith. Any Bond of a Series issued under the provisions of this Section in lieu of any Bond of such Series alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement with all other Bonds of such Series secured by this Paying Agent Agreement.

Appears in 1 contract

Samples: Paying Agent Agreement

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of Authority, upon the District, request and at the expense of the Owner of said Bond, shall execute, and the Paying Agent Registrar shall thereupon authenticate and deliver, a new Bond of like tenor and number in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Registrar of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Registrar shall be canceled by it and delivered to, or upon to the order of, the DistrictCompany. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent andAuthority, the Company and the Registrar, and if such evidence shall be satisfactory to them and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictAuthority, at the expense of the Owner, shall execute, and the Paying Agent Registrar shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement Bond, substitute Bond the Paying Agent Registrar may pay the same without surrender thereof). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section and payment of the expenses which may be incurred by the District Authority and the Paying AgentRegistrar. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture. To the extent permitted by law, the provisions of this Section are exclusive and shall preclude all other rights and remedies with respect to the replacement or payment of mutilated, lost, destroyed or stolen Bonds.

Appears in 1 contract

Samples: Loan Agreement (Navistar International Corp)

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor tenor, maturity and aggregate principal amount in an authorized denomination in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the Districtit. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence shall be satisfactory to it and indemnity satisfactory to the Paying Agent and the District it shall be given, the County on behalf of the DistrictAuthority, at the expense of the Bond Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement Bond, substitute Bond the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section and of the expenses which that may be incurred by the District Authority and the Paying AgentTrustee. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen shall be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: citydocs.cityoforange.org

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictIssuer, at the expense of the Owner Holder of said Bond, shall execute, and the Paying Agent Bond Tnustee shall thereupon authenticate and deliver, a new Bond of like tenor and number in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Bond Tnustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Bond Tnustee shall be canceled cancelled by it and delivered to, or upon the order of, the DistrictIssuer. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction destmction or theft may be submitted to the Paying Agent Issuer and the Bond Trustee and, if such evidence be satisfactory to both and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictIssuer, at the expense of the OwnerHolder, shall execute, and the Paying Agent Bond Tmstee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement substitute Bond, the Paying Agent Bond Trustee may pay the same without surrender thereof). The District Issuer may require payment by the Owner Holder of a sum not 1845099.1 exceeding the actual cost and expenses of preparing each replacement new Bond issued under this Section and of the expenses which that may be incurred by the District Issuer and the Paying AgentBond Trustee in the premises. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District whether Issuer Whether or not not- the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Bond Indenture with all other Bonds secured by this Paying Agent AgreementBond Indenture.

Appears in 1 contract

Samples: Trust Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor tenor, maturity and principal amount in an authorized denomination in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled cancelled by it and delivered to, or upon the order of, the DistrictAuthority. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and the Trustee and, if such evidence shall be satisfactory to them and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictAuthority, at the expense of the Bond Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement Bond, substitute Bond the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee and the Authority). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section and of the expenses which that may be incurred by the District Authority and the Paying AgentTrustee. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen shall be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent Agreement.Indenture.β€Œ

Appears in 1 contract

Samples: Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictSuccessor Agency, at the expense of the Owner of said such Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor amount and maturity in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the Districtit. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Successor Agency and the Trustee and, if such evidence is satisfactory to both and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictSuccessor Agency, at the expense of the Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor amount and maturity in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent may pay the same without surrender thereof)stolen. The District Successor Agency may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section 2.10 and of the expenses which may be incurred by the District Successor Agency and the Paying AgentTrustee in the premises. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Successor Agency whether or not the Bond so alleged to be lost, destroyed or stolen shall be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by issued pursuant to this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilatedmuti- lated, the County on behalf of the DistrictAgency, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated mu- tilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the DistrictAgency. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction destruc- tion or theft may be submitted to the Paying Agent Agency and the Trustee and, if such evidence and be satisfactory to them an indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictAgency, at the expense of the OwnerOwner of such lost, destroyed or stolen Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement substitute Bond, the Paying Agent Trustee may pay the same without surrender thereofthereof upon re- ceipt of indemnity satisfactory to the Trustee). The District Agency may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section 2.08 and of the expenses which may be incurred by the District Agency and the Paying AgentTrustee in the premises. Any Bond issued under the provisions of this Section 2.08 in lieu of any Bond alleged to be lost, destroyed de- stroyed or stolen shall constitute an original additional contractual obligation on the part of the District Agency whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: legistarweb-production.s3.amazonaws.com

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner Holder of said Bond, shall execute, and upon the Paying Agent Request of the Authority, the Trustee, at the expense of the Holder of said Bond, shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and and, upon written request, delivered to, or upon to the order of, the DistrictAuthority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and the Trustee and, if such evidence be satisfactory to both and indemnity and/or security satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictAuthority, at the expense of the OwnerHolder, shall execute, and upon the Paying Agent Request of the Authority, the Trustee, at the expense of the Holder, shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionmatured, instead of issuing a replacement substitute Bond, the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity and/or security satisfactory to the Trustee). The District Authority may require payment by the Owner Holder of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee in the premises. If, after the delivery of such new Bond, a bona fide purchaser of the original Bond in lieu of which such new Bond was issued presents for payment or registration such original Bond, the Trustee shall be entitled to recover such new Bond from the person to whom it was delivered or any person taking therefrom, except a bona fide purchaser, and shall be entitled to recover upon the security and/or indemnity provided therefor to the extent of any loss, damage, cost or expense incurred by the Trustee or the Authority in connection therewith. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Loan Agreement (Navistar International Corp)

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of Issuer, upon the District, request and at the expense of the Owner of said Bond, shall execute, and the Paying Agent Registrar shall thereupon authenticate and deliver, a new Bond of like tenor and number in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Registrar of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Registrar shall be canceled by it and delivered to, or upon to the order of, the DistrictCompany. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent andIssuer, the Company and the Registrar, and if such evidence shall be satisfactory to them and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictIssuer, at the expense of the Owner, shall execute, and the Paying Agent Registrar shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement Bond, substitute Bond the Paying Agent Registrar may pay the same without surrender thereof). The District Issuer may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section 2.07 and payment of the expenses which may be incurred by the District Issuer and the Paying AgentRegistrar. Any Bond issued under the provisions of this Section in lieu of any -26- Port of Xxxxxx Series 1998A Trust Indenture Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Issuer whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Enron Corp/Or/

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictCity, at the expense of the Owner Holder of said such Bond, shall execute, and the Paying Trustee or any Transfer Agent shall shall, at the expense of the Holder of such Bond, thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Trustee or any Transfer Agent of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Trustee or to any Transfer Agent shall be canceled cancelled by it and delivered to, or upon the order of, the DistrictCity. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent City and the Trustee and, if such evidence be satisfactory to both and indemnity as required by the Act or State law and satisfactory to the Paying Agent and the District Trustee shall be given, the County on behalf of the DistrictCity, at the expense of the OwnerHolder of such Bond, shall execute, and the Paying Agent shall Trustee shall, at the expense of the Holder of such Bond, thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement Bond, substitute Bond the Paying Agent Trustee may pay the same without surrender thereof). The District may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement Bond issued under this Section and of the expenses which may be incurred by the District and the Paying Agent. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyoneCity, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement the Indenture with all other Bonds of the same Series secured by this Paying Agent Agreementthe Indenture. Neither the City nor the Trustee shall be required to treat both the original Bond and any duplicate Bond as being Outstanding for the purpose of determining the Principal amount of Bonds which may be issued hereunder or for the purpose of determining any percentage of Bonds Outstanding hereunder, but both the original and duplicate Bond shall be treated as one and the same.

Appears in 1 contract

Samples: legistarweb-production.s3.amazonaws.com

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said BondXxxx, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and Series in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon in accordance with the order of, the DistrictAuthority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence and indemnity satisfactory to the Paying Agent and the District Trustee shall be given, the County on behalf of the DistrictAuthority, at the expense of the Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and Series in lieu of and in replacement for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent Trustee may pay the same without surrender thereof). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee. Any Bond of a Series issued under the provisions of this Section in lieu of any Bond of such Series alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Master Indenture with all other Bonds of such Series secured by this Paying Agent AgreementMaster Indenture.

Appears in 1 contract

Samples: Master Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictIssuer, at the expense of the Owner owner of said Bond, such Bond shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled cancelled by it and delivered to, or upon the order of, the DistrictIssuer. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence shall be satisfactory to it and indemnity satisfactory to the Paying Agent and the District Trustee shall be given, the County on behalf of the DistrictIssuer, at the expense of the Ownerowner of such Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemption, instead of issuing a replacement Bond, the Paying Agent may pay the same without surrender thereof)tenor. The District Trustee may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued authenticated and delivered under this Section and of the expenses which may be incurred by the District Issuer and the Paying AgentTrustee in the premises. Any Bond issued authenticated and delivered under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Issuer whether or not the Bond so alleged to be lost, destroyed or stolen shall be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture. If any such Bond shall have matured, or is about to mature, instead of issuing a new Bond the Trustee may pay the same without surrender thereof upon receipt of the aforementioned indemnity.

Appears in 1 contract

Samples: Financing Agreement

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictIssuer, at the expense of the Owner holder of said BondXxxx, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled cancelled by it and delivered to, or upon the order of, the DistrictIssuer. If any Bond issued hereunder shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may shall be submitted to the Paying Agent andIssuer, the Company and the Trustee upon their request, and if such evidence be satisfactory to them and indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictIssuer, at the expense of the Ownerholder, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement Bond, substitute Bond the Paying Agent Trustee may pay the same without surrender thereof). The District Issuer may require payment by the Owner of a sum not exceeding the actual cost of preparing reasonable fee for each replacement new Bond issued under this Section and repayment of the expenses which may be incurred by the District Issuer and the Paying AgentTrustee. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Issuer whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture. In the event there shall exist Undelivered Bonds, the Trustee shall in the manner set forth in Section 4.1(b)(iii), authenticate and deliver to the purchasers or their order, or hold for the account of such purchasers a new Bond or Bonds of like amount in Authorized Denominations registered in the name of such purchaser or in the name it shall order.

Appears in 1 contract

Samples: Enron Corp/Or/

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of Authority (prior to the DistrictDissolution Date) or the Administrator (after the Dissolution Date), at the expense of the Owner of said such Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and amount in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the Districtit. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Trustee and, if such evidence be satisfactory to it and indemnity for the Trustee, the Authority and the Administrator satisfactory to the Paying Agent and the District Trustee shall be given, the County on behalf of the DistrictAdministrator, at the expense of the Owner, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and amount in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have has matured or shall have has been selected called for redemption, instead of issuing a replacement substitute Bond, the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee and the Authority). The District Authority or the Administrator, as applicable, may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section 2.10 and of the expenses which may be incurred by the District Authority or the Administrator, and the Paying AgentTrustee, in the premises. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be equally and proportionately entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by issued pursuant to this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: www.fora.org

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner of said Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled by it and delivered to, or upon the order of, the DistrictAuthority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and the Trustee and, if such evidence and be satisfactory to them an indemnity satisfactory to the Paying Agent and the District them shall be given, the County on behalf of the DistrictAuthority, at the expense of the OwnerOwner of such lost, destroyed or stolen Bond, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected called for redemption, instead of issuing a replacement substitute Bond, the Paying Agent Trustee may pay the same without surrender thereofthereof upon receipt of indemnity satisfactory to the Trustee). The District Authority may require payment by the Owner of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section 2.11 and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee in the premises. Any Bond issued under the provisions of this Section 2.11 in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: Indenture

Bonds Mutilated, Lost, Destroyed or Stolen. If any Bond shall become mutilated, the County on behalf of the DistrictAuthority, at the expense of the Owner Holder of said Bond, shall execute, and xxx the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and number in exchange and substitution for the Bond so mutilated, but only upon surrender to the Paying Agent Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Paying Agent Trustee shall be canceled cancelled by it and delivered to, or upon the written order of, the DistrictAuthority. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Paying Agent Authority and the Trustee and, if such evidence be satisfactory to both and indemnity satisfactory to the Paying Agent and the District them both shall be given, the County on behalf of the DistrictAuthority, at the expense of the OwnerHolder, shall execute, and the Paying Agent Trustee shall thereupon authenticate and deliver, a new Bond of like tenor and number in lieu of and in replacement substitution for the Bond so lost, destroyed or stolen (or if any such Bond shall have matured or shall have been selected for redemptionbe about to mature, instead of issuing a replacement substitute Bond, the Paying Agent Trustee at xxx written direction of the Authority may pay the same without surrender thereofthereof with funds provided by the Authority or available hereunder for such purpose). The District Authority may require payment by the Owner Holder of a sum not exceeding the actual cost of preparing each replacement new Bond issued under this Section and of the expenses which may be incurred by the District Authority and the Paying AgentTrustee in connection therewith. Any Bond issued under the provisions of this Section in lieu of any Bond alleged to be lost, destroyed or stolen shall constitute an original additional contractual obligation on the part of the District Authority whether or not the Bond so alleged to be lost, destroyed or stolen be at any time enforceable by anyone, and shall be entitled to the benefits of this Paying Agent Agreement Indenture with all other Bonds secured by this Paying Agent AgreementIndenture.

Appears in 1 contract

Samples: A Loan Agreement (Vermont Pure Holdings LTD)

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