Bondowner definition
Examples of Bondowner in a sentence
After receipt of such Bondowner request, the Issuer shall file or cause to be filed all such original instruments and the Trustee shall continue or cause to be continued the liens of such instruments for so long as the Bonds shall be Outstanding.
In accordance with the Bond Purchase Agreement, the Bondowner shall disburse installments to the Trustee, for deposits in the Project Fund as the Company submits the above referenced requests for disbursements.
The Bondowner Representative acknowledges that notwithstanding any other provision of this Indenture, the Bondowner Representative is acting as an independent contractor and not as the agent of Issuer in servicing and administering the Bonds and the Loan.
Any money received by the Borrower will not be held in trust for the benefit of the Bondowner.
Failure to mail notice to a particular Bondowner, or any defect in the notice to such Bondowner, shall not affect the redemption of any other Bond.