Common use of Purchase of Bonds Clause in Contracts

Purchase of Bonds. The Company may at any time, and from time to time, furnish moneys to the Trustee accompanied by a notice directing the Trustee to apply such moneys to the purchase in the open market of Bonds in the principal amounts specified in such notice, and any Bonds so purchased shall thereupon be canceled by the Trustee.

Appears in 10 contracts

Samples: Refunding Agreement (Gulf States Utilities Co), Refunding Agreement (Entergy Gulf States Inc), Refunding Agreement (Entergy Gulf States Inc)

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Purchase of Bonds. The Company may at any time, and from time to time, furnish moneys to the Trustee accompanied by a written notice directing the Trustee to apply such moneys to the purchase in the open market of Bonds in the principal amounts and of the series and maturities specified in such notice, and any Bonds so purchased shall thereupon be canceled by the Trustee.

Appears in 6 contracts

Samples: Loan Agreement (System Energy Resources, Inc), Continuing Disclosure Agreement (Entergy Louisiana, LLC), Continuing Disclosure Agreement (Entergy Louisiana, LLC)

Purchase of Bonds. The Company may at any time, and from time to time, furnish moneys to the Trustee accompanied by a notice directing the Trustee to apply such moneys to the purchase in the open market of Bonds in the principal amounts and of the series and maturities specified in such notice, and any Bonds so purchased shall thereupon be canceled by the Trustee.

Appears in 6 contracts

Samples: Loan Agreement (Entergy Louisiana, LLC), Loan Agreement (Entergy Gulf States Louisiana, LLC), Loan Agreement (Entergy Gulf States Louisiana, LLC)

Purchase of Bonds. The Company may at any time, and from time to time, furnish moneys to the Trustee accompanied by a notice directing the Trustee to apply such moneys to be applied to the purchase in the open market of Bonds in accordance with the principal amounts specified provisions of the Indenture delivered pursuant to the Indenture, which Bonds shall, at the direction of the Company, be delivered in such notice, and any Bonds so purchased shall thereupon be canceled by accordance with Section 3.06(a)(iii) of the TrusteeIndenture.

Appears in 1 contract

Samples: Loan Agreement (Idaho Power Co)

Purchase of Bonds. The Company may at any time, and from time to time, furnish moneys to the Trustee accompanied by a notice directing the Trustee to apply such moneys to the purchase in the open market of Bonds in the principal amounts amount specified in such notice, and any Bonds so purchased shall thereupon be canceled by the Trustee.

Appears in 1 contract

Samples: Installment Sale Agreement (System Energy Resources Inc)

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Purchase of Bonds. The Company may at any time, and from time to time, furnish moneys to the Trustee accompanied by a notice directing the Trustee to apply such moneys to be provided to the Tender Agent to be applied, at such time as they constitute Eligible Moneys, to the purchase in the open market of Bonds in delivered pursuant to Section 202(d) or 503 of the principal amounts specified in such noticeIndenture, and any which Bonds so purchased shall thereupon shall, at the direction of the Company, be canceled by delivered to the TrusteeTrustee for cancellation.

Appears in 1 contract

Samples: Loan Agreement (Elco Industries Inc)

Purchase of Bonds. The Company may at any time, and from time to time, furnish moneys to the Trustee accompanied by a notice directing the Trustee to apply such moneys to be applied to the purchase in the open market of Bonds in accordance with the principal amounts specified provisions of the Indenture delivered pursuant to the Indenture, which Bonds shall, at the direction of the Company, be delivered in such notice, and any Bonds so purchased shall thereupon be canceled by accordance with Section 3.02(b) of the TrusteeIndenture.

Appears in 1 contract

Samples: Loan Agreement (Northwestern Corp)

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