Notation on Bonds Sample Clauses

Notation on Bonds. Bonds authenticated and delivered after the effective date of any action taken as hereinabove in this Article X provided may, and, if the Master Trustee determines, shall, bear a notation by endorsement or otherwise in form approved by the Trust and the Master Trustee as to such actions and in that case upon demand of the Registered Owner of any Bond Outstanding at or after such effective date and presentation of its Bond for the purpose to the Master Trustee suitable notation shall be made on such Bond by the Master Trustee as to any such action. If the Trust or the Master Trustee shall so determine new Bonds so modified as in the opinion of the Master Trustee and the Trust to conform to such action shall be prepared, authenticated and delivered, and upon demand of the Registered Owner of any Bond then Outstanding shall be exchanged, without cost to such Registered Owner, for Bonds of the same Series and maturity then Outstanding, upon surrender of such Bonds.
AutoNDA by SimpleDocs
Notation on Bonds. Bonds delivered after the effective date of any action taken as in Article IX or this Article provided may, and if the Trustee so determines shall, bear a notation by endorsement or otherwise in form approved by the Authority and the Trustee as to such action, and in that case upon demand of the Owner of any Bond Outstanding at such effective date and upon presentation of his Bond for the purpose at the Principal Office of the Trustee, suitable notation shall be made on such Bond by the Trustee as to any such action. If the Authority or the Trustee shall so determine, new Bonds so modified as in the opinion of the Trustee and the Authority to conform to such action shall be prepared and delivered, and upon demand of the Owner of any Bond then Outstanding shall be exchanged, upon surrender of such Bonds.
Notation on Bonds. Bonds authenticated and delivered after the effective date of any action taken as provided in this Article may and, if the Trustee or the Issuer so determines, shall bear a notation by endorsement or otherwise in form approved by the Issuer and the Trustee as to such action, and in that case upon demand of the owner of any Outstanding Bond at such effective date and presentation of such owner’s Bond for the purpose at the Principal Office of the Trustee or upon any transfer or exchange of any Bond Outstanding at such effective date, suitable notation shall be made on such Bond or upon any Bond issued upon any such transfer or exchange by the Trustee as to any such action. If the Issuer or the Trustee shall so determine, new Bonds modified to conform to such action in the opinion of the Trustee and the Issuer shall be prepared, executed, authenticated and delivered, and upon demand of the owner of any Bond then Outstanding shall be exchanged, without cost to such owner, upon surrender of such Outstanding Bond.
Notation on Bonds. Bonds authenticated and delivered after the execution of any supplemental indenture pursuant to the provisions of this Article 10 may, at the Company’s expense, bear a notation as to any matter provided for in such supplemental indenture. If the Company or the Trustee shall so determine, new Bonds so modified as to conform to any modification of this Indenture contained in any such supplemental indenture may, at the Company’s expense, be prepared and executed by the Company, authenticated by the Trustee (or an authenticating agent duly appointed by the Trustee pursuant to Section 7.10) and delivered in exchange for the Bonds then outstanding, upon surrender of such Bonds then outstanding.
Notation on Bonds. Bonds authenticated and delivered after the effective date of any action taken as provided in this Article V may, and if the Trustee so determines shall, bear a notation by endorsement or otherwise in form approved by the Authority and the Trustee as to such action, and in that case upon demand of the SCPCFA at such effective date and presentation of such Bond for that purpose at the principal corporate trust office of the Trustee suitable notation shall be made on such Bond by the Trustee as to any such action. If the Authority or the Trustee shall so determine, new Bonds so modified as in the opinion of the Trustee and the Authority to conform to such action shall be prepared, authenticated and delivered, and upon demand of the SCPCFA shall be exchanged, without cost to the SCPCFA, for Bonds of the same designation, maturity and interest rate then Outstanding, upon surrender of such Bonds.
Notation on Bonds. Bonds executed and delivered after the effective date of any action taken as provided in Article V or this Article provided may, and if the City so determines shall, bear a notation by endorsement or otherwise in form approved by the City and the Trustee as to such action, and in that case upon demand of the Owner of any Bond Outstanding at such effective date and presentation of the Bond or Bonds for the purpose at the principal corporate trust office of the Trustee or upon any transfer or exchange of any Bond Outstanding at such effective date, suitable notation shall be made on such Bond or upon any Bonds issued upon any such transfer or exchange by the Trustee as to any such action. If the City and the Trustee shall so determine, new Bonds so modified as in the opinion of the Trustee and the City may be necessary to conform to such action shall be prepared, executed and delivered, and upon demand of the Owner of any Bond then Outstanding shall be exchanged, without cost to such Bondowner, for Bonds of the same maturity then Outstanding, upon surrender of such Bonds. MISCELLANEOUS Defeasance. Outstanding Bonds shall be paid and discharged in any one or more of the following ways - by paying or causing to be paid the principal of and interest with respect to said Outstanding Bonds, as and when the same become due and payable; by depositing with the Trustee in trust, at or before maturity, cash or Investment Securities of the type set forth in part A. of the definition thereof in such amount which, together with the amounts then on deposit in the Lease Payment Account and Reserve Account applicable to the Outstanding Bonds to be paid and discharged, is fully sufficient, as shown on a certificate of a nationally recognized certified public accountant or firm of certified public accountants, to pay all Bonds Outstanding, to be paid and discharged, including all principal, interest and premium, if any; or by depositing with the Trustee, in trust, cash or Investment Securities of the type set forth in part A. of the definition thereof in such amount, together with the interest to accrue thereon and moneys then on deposit in the Lease Payment Account and Reserve Account applicable to the Outstanding Bonds to be paid together with the interest to accrue with respect thereto, as will be sufficient, as shown on a certificate of a nationally recognized certified public accountant or firm of certified public accountants, to pay and discharge the Outstanding Bonds t...
Notation on Bonds. Bonds authenticated and delivered after the effective date of any action taken as hereinabove in this Article X provided may, and, if the Trustee determines, shall, bear a notation by endorsement or otherwise in form approved by the Authority and the Trustee as to such actions and in that case upon demand of the Registered Owner of any Bond Outstanding at or after such effective date and presentation of its Bond for the purpose to the Trustee suitable notation shall be made on such Bond by the Trustee as to any such action. If the Authority or the Trustee shall so determine new Bonds so modified as in the opinion of the Trustee and the Authority to conform to such action shall be prepared, authenticated and delivered, and upon demand of the Registered Owner of any Bond then Outstanding shall be exchanged, without cost to such Registered Owner, for Bonds of the same Series and maturity then Outstanding, upon surrender of such Bonds. A R T IC L EX I D EFEA SA N C E
AutoNDA by SimpleDocs
Notation on Bonds. Bonds delivered after the effective date of any action taken as provided in this Article may, and if the Trustee so determines shall, bear a notation by endorsement or otherwise in form approved by the Issuer and the Trustee as to such action, and in that case upon demand of the holder of any Bond Outstanding at such effective date and presentation of such Bond for such purpose at the principal office of the Trustee, suitable notation shall be made on such Bond by the Trustee as to any such action. If the Issuer or the Trustee shall so determine, new Bonds notated as in the opinion of the Trustee and the Issuer may be required to conform to such action shall be prepared and delivered, and upon demand of the holder of any Bond then Outstanding, shall be exchanged, without cost to such Bondholder, for Bonds of the same series, designation, maturity and interest rate then Outstanding upon surrender of such Bonds.
Notation on Bonds. Bonds authenticated and delivered after the effective date of any action taken as provided in Article VIII or this Article may and, if the Trustee so determines, shall bear a notation by endorsement or otherwise in form approved by the Agency and the Trustee as to such action. In that case, upon demand of the owner of any Outstanding Bond at such effective date and presentation of his Bond for the purpose at the corporate trust office of the Trustee or upon any transfer or exchange of any Bond Outstanding at such effective date, suitable notation shall be made on such Bond or upon any Bond issued upon any such transfer or exchange by the Trustee as to any such action. If the Agency or the Trustee shall so determine, new Bonds modified to conform (in the opinion of the Trustee and the Agency) to such action shall be prepared, executed, authenticated and delivered, and upon demand of the owner of any Bond then Outstanding shall be exchanged, without cost to such Bondholder, for Bonds of the same Series and maturity, then Outstanding, upon surrender of such Bonds.‌
Notation on Bonds. In case any supplemental indenture shall have been executed for the purpose and pursuant to the consent specified in §13.01 (h) no notation of such consent on any Bond shall be necessary; and any written consent shall be conclusive and binding on the holders and all future holders and owners of the Bonds. If the Company or the Trustee shall so determine, new Bonds so modified as in the opinion of the Trustee and the Company (such opinion to be conclusively evidenced by the execution and authentication thereof) to give effect to the provisions of such supplemental indenture, shall be prepared, authenticated and delivered upon the demand of the holder of any Bond then outstanding, in exchange for and upon surrender of such outstanding Bond; and such exchange shall be made without cost to such holder.
Time is Money Join Law Insider Premium to draft better contracts faster.