Common use of Replacement Bond Clause in Contracts

Replacement Bond. The form of the Bond set forth in Exhibit A to the Original Indenture is hereby deleted in its entirety and the form of the replacement Bond set forth in Exhibit A hereto is substituted therefor. On the Conversion Date, the Trustee is hereby directed to authenticate and deliver said Replacement Bonds to The Depository Trust Company. The Trustee is further authorized to authenticate a new Bond reflecting revised terms upon a future remarketing with a new Sub-series designation.

Appears in 2 contracts

Sources: Lease Agreement (NuStar Energy L.P.), Lease Agreement (NuStar Energy L.P.)