Replacement of Bonds. Replacement Bonds shall be issued pursuant to applicable law as a result of the destruction, loss or mutilation of the Bonds. The costs of a replacement shall be paid or reimbursed by the applicant, who shall indemnify the Authority, the Trustee, the Paying Agent and the Company against all liability and expense in connection therewith.
Appears in 2 contracts
Samples: Loan and Trust Agreement (Northeast Utilities System), Loan and Trust Agreement (Northeast Utilities System)
Replacement of Bonds. Replacement Bonds shall be issued pursuant to applicable law as a result of the destruction, loss or mutilation of the Bonds. The costs of a replacement shall be paid or reimbursed by the applicant, who shall indemnify the Authority, the Trustee, the Paying Agent, the Remarketing Agent and the Company against all liability and expense in connection therewith.
Appears in 2 contracts
Samples: Assumption Agreement (North Atlantic Energy Corp /Nh), Series D Loan and Trust Agreement (North Atlantic Energy Corp /Nh)
Replacement of Bonds. Replacement Bonds shall be issued pursuant to -------------------- applicable law as a result of the destruction, loss or mutilation of the Bonds. The costs of a replacement shall be paid or reimbursed by the applicant, who shall indemnify the AuthorityIssuer, the Trustee, the Paying Remarketing Agent and the Company Borrower against all liability and expense in connection therewith.
Appears in 1 contract
Replacement of Bonds. Replacement Bonds shall be issued pursuant to applicable law as a result of the destruction, loss or mutilation of the Bonds. The costs of a replacement shall be paid or reimbursed by the applicant, who shall indemnify the AuthorityAgency, the TrusteeDisbursing Agent, the Paying Agent and the Company Borrower against all liability and expense in connection therewith.
Appears in 1 contract
Replacement of Bonds. Replacement Bonds shall be issued pursuant to applicable law as a result of the destruction, loss or mutilation of the Bonds. The costs of a replacement shall be paid or reimbursed by the applicant, who shall indemnify the AuthorityIssuer, the Trustee, the Paying Remarketing Agent and the Company Borrower against all liability and expense in connection therewith.
Appears in 1 contract
Samples: Loan and Trust Agreement (Datum Inc)
Replacement of Bonds. Replacement Bonds shall be issued pursuant to applicable law as a result of the destruction, loss or mutilation of the Bonds. The costs of a replacement shall be paid or reimbursed by the applicant, who shall indemnify the AuthorityIssuer, the Trustee, the Paying Agent and the Company Borrower against all liability and expense in connection therewith, and who may be required to provide an indemnity bond with respect to such indemnity obligations.
Appears in 1 contract
Samples: Loan and Trust Agreement (Central Vermont Public Service Corp)
