Cancellation of Surrendered Bonds Sample Clauses

Cancellation of Surrendered Bonds. The Trustee shall cancel (a) all Bonds surrendered for transfer or exchange, for payment at maturity or for redemption (unless the surrendered Bond is to be partially redeemed and the Trustee elects to return the Bond, certified as to the partial redemption, to the Registered Owner thereof pursuant to Section 2.7(b)(ii)), and (b) all Bonds purchased at the direction of the Company and surrendered to the Trustee for cancellation. The Trustee shall deliver to the Issuer a certificate of cancellation in respect of all Bonds canceled in accordance with this Section.
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Cancellation of Surrendered Bonds. Section 2.12. Acts of Registered Owners; Evidence of Ownership.
Cancellation of Surrendered Bonds. The Issuer or the Borrower may at any time surrender to the Trustee for cancellation by the Trustee Bonds which the Issuer or Borrower acquired in any lawful manner whatsoever, and such Bonds, upon such surrender and cancellation, shall be deemed to be paid and retired.
Cancellation of Surrendered Bonds. Bonds surrendered for payment, redemption, transfer or exchange and Bonds surrendered to the Trustee by the Issuer or by the Borrower for cancellation shall be canceled by the Trustee and a certificate evidencing such cancellation shall be furnished by the Trustee to the Issuer and the Borrower. Bonds purchased pursuant to SECTIONS 203 and 701(E) shall not be surrendered Bonds and, unless otherwise specifically provided in this Indenture, shall be Outstanding Bonds.
Cancellation of Surrendered Bonds. Bonds surrendered for payment, redemption, transfer or exchange and Bonds surrendered to the Trustee by the Issuer or by the Company for cancellation shall be cancelled by the Trustee and such cancelled Bonds shall be delivered to the Company.
Cancellation of Surrendered Bonds. Bonds surrendered for payment, redemption, transfer or exchange and Bonds surrendered to the Trustee by the Issuer for cancellation shall be cancelled by the Trustee and a certificate evidencing such cancellation shall be furnished by the Trustee to the Issuer from time to time upon request. Bonds purchased pursuant to Sections 203 and 701(e) shall not be surrendered Bonds and, unless otherwise specifically provided in this Indenture, shall be Outstanding Bonds. Section 214. Conditions of Issuance. Prior to or simultaneously with the authentication and delivery of the Bonds by the Trustee, the Trustee shall have received written notice from the Bank that the conditions for the issuance of the Letter of Credit as set forth in Article VII of the Reimbursement Agreement have been satisfied and there shall be filed with the Trustee the following:
Cancellation of Surrendered Bonds. The Issuer or the Borrower may at any time surrender to the Trustee or Bond Registrar for cancellation by the Trustee any Bonds previously authenticated and delivered hereunder which the Issuer or Xxxxxxxx acquired in any manner whatsoever, and such Bonds, upon such surrender and cancellation, shall be deemed to be paid and retired. Payment of Bonds. Any Bonds shall be deemed paid if the conditions set forth in Section 7.1 hereof have been satisfied with respect thereto, even though other Bonds may remain Outstanding. Application of Deposited Money. All money, securities, and income thereon deposited at the Bondholder Representative pursuant to Section 7.1 hereof for the purpose of paying the principal, premium, if any, and interest on Bonds shall be applied by the Trustee solely for such purpose.
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Cancellation of Surrendered Bonds. Bonds surrendered for payment, redemption, transfer or exchange and Bonds surrendered to the Trustee by the Issuer, or by the Company on behalf of the Issuer, for cancellation shall be cancelled by the Trustee and returned to the Company.
Cancellation of Surrendered Bonds. Bonds surrendered for payment, redemption, transfer or exchange and Bonds surrendered to the Trustee by the Issuer or by the Borrower for cancellation shall be canceled by the Trustee and a certificate evidencing such cancellation shall be furnished by the Trustee to the Issuer (upon request) and the Borrower. Bonds purchased pursuant to Sections 203 and 701(e) shall not be surrendered Bonds and, unless otherwise specifically provided in this Indenture, shall be Outstanding Bonds. Section 214. Conditions of Issuance. Prior to or simultaneously with the authentication and delivery of the Bonds by the Trustee, the Trustee and the Credit Facility Trustee shall have received written notice from the Bank that the conditions for the issuance of the Letter of Credit as set forth in Article VII of the Reimbursement Agreement have been satisfied and there shall be filed with the Trustee and the Credit Facility Trustee, as applicable, the following:
Cancellation of Surrendered Bonds. All Bonds surrendered for payment, redemption, transfer or exchange shall, if surrendered to any Person other than the Bond Registrar, be delivered to the Bond Registrar and, if not theretofore canceled, shall be promptly canceled by the Bond Registrar. The Issuer or the Company may at any time deliver to the Bond Registrar for cancellation any Bonds previously authenticated and delivered hereunder which the Issuer or the Company, as the case may be, may have acquired in any manner whatsoever or which the Issuer shall not have issued and sold, and all Bonds so delivered shall be promptly canceled by the Bond Registrar. No Bonds shall be authenticated in lieu of or in exchange for any Bonds canceled as provided in this Section, except as expressly permitted by this Indenture. All canceled Bonds held by the Bond Registrar shall be disposed of in accordance with the customary practices of the Bond Registrar at the time in effect, and the Bond Registrar shall not be required to destroy any such Bond certificates. The Bond Registrar shall promptly deliver a certificate of disposition to the Trustee and the Issuer unless, by a written request of the Issuer delivered to the Bond Registrar and Trustee, the Issuer shall direct that canceled Bonds be returned to it. The Bond Registrar shall promptly deliver evidence of any cancellation of a Bond in accordance with this Section 2.11 to the Trustee and the Issuer.
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