Examples of Exchange Bonds in a sentence
In the case of an exchange offer, the determination required pursuant to Section 2.2(a) shall be made on the basis of the outstanding principal balance of Relevant Obligations exchanged and not on the basis of the outstanding principal balance of the Exchange Bonds or Loans.
In the case of an exchange offer, the determinations required pursuant to paragraph (a) of this definition of "Successor" shall be made on the basis of the outstanding principal balance of Relevant Obligations exchanged and not on the basis of the outstanding principal balance of the Exchange Bonds or Loans.
The Exchange Bonds shall be delivered in denominations of $5,000 or any integral multiple thereof for any one maturity in accordance with DTC’s Book-Entry-Only System.
The Holders' obligations in this Section 4 to contribute shall be several in proportion to the principal amount of Registrable Bonds and Exchange Bonds registered for them and not joint.
Exchange Bonds may thereafter be exchanged from time to time for other Exchange Bonds in accordance with Section 3.1 hereof.