Examples of Book-Entry Termination in a sentence
From and after the Book-Entry Termination Date, the principal of and premium, if any, on each Bond shall be paid by the Trustee by check or draft payable to the Owner of such Bond.
Prior to the Book-Entry Termination Date, interest for each Bond Interest Period on the Bonds, calculated for each day at the applicable ARS Rate, Variable Rate or Fixed Rate shall be paid by the Trustee to the Custodian as the Owner thereof, for the benefit of the Beneficial Owners thereof, in accordance with the procedures set forth in the Letter of Representations.
Upon receipt of such request the Issuer shall deliver to the Trustee (i) a Written Request that it issue and deliver Bond certificates to each Beneficial Owner or such Beneficial Owner's nominee on the Book-Entry Termination Date; and (ii) a list identifying the Beneficial Owners as to name, address, amount of Bonds to be held and taxpayer identification number, and shall also deliver a supply of such certificates to the Trustee, if necessary for such purpose.
Prior to the Book-Entry Termination Date, the principal of and premium, if any, on the Bonds shall be paid by the Trustee to the Custodian as the Owner thereof, for the benefit of the Beneficial Owners thereof, in accordance with the Letter of Representations.