Examples of Initial Bonds in a sentence
This Agreement shall terminate upon the payment in full of the Initial Bonds, or, if earlier, the termination of the Receivables Agreements as to the Company and the release of the Company from all further obligations thereunder, except that the understandings and acknowledgements contained in Sections 1, 2, 3 and 15 shall survive the termination of this Agreement.
This Agreement is solely for the benefit of the parties hereto, the holders of the Initial Bonds and the Receivables Purchasers, and no other person or entity shall have any rights, benefits, priority or interest under or because of the existence of this Agreement.
Upon the consummation of a registered exchange offer with respect to the Initial Bonds, Exchange Bonds in global form will be available to holders that exchange such Initial Bonds in such registered exchange offer.
Anything in this Section 2.5 to the contrary notwithstanding, the Initial Bonds shall be issued in definitive form unless otherwise specified in the First Series Supplemental Indenture.
Subject to the provisions of Section 6.3 of the Original Indenture, the Initial Bonds are subject to mandatory redemption under the conditions and on the terms set forth in the Original Indenture.