Examples of Paying Agent/Registrar in a sentence
Business Day - means, unless another definition is provided in a Supplemental Resolution with respect to a series of Obligations authorized by such Supplemental Resolution, any day other than a Saturday, Sunday or legal holiday or other day on which banking institutions in the city where the designatedpayment/transfer office of the Paying Agent/Registrar is located, or where the principal office of the Trustee is located, are generally authorized or obligated by law or executive order to close.
If less than all the Certificates of any maturity are to be redeemed, the Paying Agent/Registrar (or DTC while the Certificates are in book-entry-only form) shall determine by lot or other customary random method the Certificates or portions thereof, within such maturity to be redeemed.
Texas, to serve as Paying Agent/Registrar for the Bonds is approved and confirmed.
This Agreement and the Ordinance constitute the entire agreement between the parties hereto relative to the Bank acting as Paying Agent/Registrar and if any conflict exists between this Agreement and the Ordinance, the Ordinance shall govern.
If any Certificate (or any portion of the principal sum thereof) shall have been called for redemption and notice of such redemption shall have been given, such Certificate (or the principal amount thereof to be redeemed) shall become due and payable on such redemption date and interest thereon shall cease to accrue from and after the redemption date, provided funds for the payment of the redemption price and accrued interest thereon are held by the Paying Agent/Registrar on the redemption date.