Common use of Notation on Bonds Clause in Contracts

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. Bonds Bond 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 , and in that case, case upon demand of the owner holder of any Outstanding Bond at such effective date and presentation of his Bond for the purpose at the corporate trust 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 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 holder of any Bond then Outstanding shall be exchanged, without cost to such Bondholder, for Bonds of the same Series maturity and maturity, other terms then Outstanding, upon surrender of such Bonds.‌Bonds.

Notation on Bonds. Bonds authenticated and delivered after the effective date of any action taken as provided in Article VIII hereof or this Article IX may and, if the Trustee so determines, shall bear a notation by endorsement or otherwise in form approved by the Agency Authority and the Trustee as to such action. In , and in that case, case upon demand of the owner Owner of any Outstanding Bond at such effective date and presentation of his its Bond for the purpose at the designated 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 Authority or the Trustee shall so determine, new Bonds modified to conform (to such action in the opinion of the Trustee and the Agency) to such action Authority shall be prepared, executed, authenticated and delivered, and upon demand of the owner 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.‌Outstanding Bond.

Notation on Bonds. Bonds authenticated and delivered after the effective date of any action taken as provided in Article VIII or this Article may may, and, if the Trustee Issuer [or the Borrower] so determines, shall bear a notation by endorsement or otherwise in form approved by the Agency and the Trustee as to such action. In , and in that case, case upon demand of the owner holder of any Outstanding Bond at such effective date and presentation of his such Bond for the purpose at the corporate trust office Office of the Trustee 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 Issuer shall so determine, new Bonds so modified to conform (as in the opinion of the Trustee and the Agency) Issuer to conform to such action shall be prepared, executed, authenticated and delivered, and upon demand of the owner holder of any Bond then Outstanding shall be exchanged, without cost to such Bondholder, Bondholder for Bonds of the same Series and maturity, then Outstanding, upon surrender of such Bonds.‌Bonds for Bonds of an equal aggregate principal amount and of the same Series, maturity and interest rate, in any Authorized Denomination.