Common use of Surrender of Bonds Clause in Contracts

Surrender of Bonds. (a) The Agent shall forthwith surrender to or upon the order of the Company all Bonds held by it at the first time at which the Commitments shall have been terminated and all Obligations shall have been paid in full.

Appears in 7 contracts

Samples: Credit Agreement (CMS Energy Corp), Credit Agreement (Consumers Energy Co), Term Loan Agreement (Consumers Energy Co)

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Surrender of Bonds. (a) The Administrative Agent shall forthwith surrender to or upon the order of the Company all Series 10 Bonds held by it at the first time at which the Aggregate Commitments shall have been terminated terminated, no Letter of Credit shall be outstanding and all Obligations shall have been paid in full.

Appears in 2 contracts

Samples: Credit Agreement (Unisource Energy Corp), Credit Agreement (Unisource Energy Corp)

Surrender of Bonds. (a) The Agent shall forthwith surrender to or upon the order of the Company all Bonds held by it at the first time at which the Commitments shall have been terminated and all Obligations shall have been paid in full.

Appears in 2 contracts

Samples: Term Loan Agreement (Panhandle Eastern Pipe Line Co), Term Loan Agreement (Panhandle Eastern Pipe Line Co)

Surrender of Bonds. (aC) The Agent shall forthwith surrender to or upon the order of the Company all Bonds held by it at the first time at which the Commitments shall have been terminated and all Obligations shall have been paid in full.

Appears in 1 contract

Samples: Term Loan Agreement (Consumers Energy Co)

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Surrender of Bonds. (aA) The Agent shall forthwith surrender to or upon the order of the Company all Bonds held by it at the first time at which the Commitments shall have been terminated and all Obligations shall have been paid in full.

Appears in 1 contract

Samples: Term Loan Agreement (Consumers Energy Co)

Surrender of Bonds. (a) The Agent shall forthwith surrender Surrender to or upon the order of the Company all Bonds held by it at the first time at which the Commitments shall have been terminated and all Obligations shall have been paid in full.

Appears in 1 contract

Samples: Term Loan Agreement (Panhandle Eastern Pipe Line Co)

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