Common use of Notation of Modification on Bonds; Preparation of New Bonds Clause in Contracts

Notation of Modification on Bonds; Preparation of New Bonds. Bonds authenticated and delivered after the execution of any supplemental indenture pursuant to the provisions of this Article IX may bear a notation, at the written request of the Authority, as to any matter provided for in such supplemental indenture, and if such supplemental indenture shall so provide, new Bonds, so modified as to conform, in the opinion of the Trustee and the Authority, to any modification of this Indenture contained in any such supplemental indenture, may be prepared by the Authority, authenticated by the Registrar and delivered without cost to the holders of the Bonds then Outstanding, upon surrender for cancellation of such Bonds in equal aggregate principal amounts.

Appears in 2 contracts

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

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Notation of Modification on Bonds; Preparation of New Bonds. Bonds authenticated and delivered after the execution of any supplemental indenture pursuant to the provisions of this Article IX may bear a notation, at the written request of in form approved by the Authority, as to any matter provided for in such supplemental indenture, and if such supplemental indenture shall so provide, new Bonds, so modified as to conform, in the opinion of the Trustee and the Authority, to any modification of this Indenture contained in any such supplemental indenture, may be prepared by the Authority, authenticated by the Registrar Trustee and delivered without cost to the holders Holders of the Bonds then Outstanding, upon surrender for cancellation of such Bonds Bonds, in equal aggregate principal amounts.. DEFEASANCE

Appears in 1 contract

Samples: Indenture

Notation of Modification on Bonds; Preparation of New Bonds. Bonds authenticated and delivered after the execution of any supplemental indenture pursuant to the provisions of this Article IX may bear a notation, at the written request of in form approved by the Authority, as to any matter provided for in such supplemental indenture, and if such supplemental indenture shall so provide, new Bonds, so modified as to conform, in the opinion of the Trustee and the Authority, to any modification of this Indenture contained in any such supplemental indenture, may be prepared by the Authority, authenticated by the Registrar Trustee and delivered without cost to the holders Holders of the Bonds then Outstanding, upon surrender for cancellation of such Bonds Bonds, in equal aggregate principal amounts.

Appears in 1 contract

Samples: Indenture

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Notation of Modification on Bonds; Preparation of New Bonds. Bonds authenticated and delivered after the execution of any supplemental indenture Supplemental Indenture pursuant to the provisions of this Article IX may bear a notation, at in form approved by the written request of the AuthorityTrustee, as to any matter provided for in such supplemental indentureSupplemental Indenture, and if such supplemental indenture Supplemental Indenture shall so provide, new Bonds, so modified as to conform, in the opinion of the Trustee and the AuthorityIssuer, to any modification of this Indenture contained in any such supplemental indentureSupplemental Indenture, may be prepared by the AuthorityIssuer, authenticated by the Registrar Trustee and delivered without cost to the holders of the Bonds then Outstanding, upon surrender for cancellation of such Bonds in equal aggregate principal amounts.

Appears in 1 contract

Samples: Enron Corp/Or/

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