Common use of Bonds Mutilated, Destroyed, Stolen or Lost Clause in Contracts

Bonds Mutilated, Destroyed, Stolen or Lost. In case any Bond shall become mutilated or be destroyed, stolen or lost, the Agency shall execute and the Trustee shall authenticate and deliver a new Bond, of like interest rate, maturity, principal amount and other terms as the Bond, so mutilated, destroyed, stolen or lost, either (i) in exchange and substitution for such mutilated Bond, upon surrender and cancellation of such mutilated Bond, or (ii) in lieu of and substitution for the Bond, destroyed, stolen or lost, upon filing with the Trustee of evidence satisfactory to the Agency and the Trustee that such Bond, has been destroyed, stolen or lost and proof of ownership thereof and upon furnishing the Agency and the Trustee with a bond of indemnity issued by a reputable surety company satisfactory to them. The person requesting the authentication and delivery of a new Bond pursuant to this Section shall comply with such other reasonable regulations as the Agency and the Trustee may prescribe and pay such expenses as the Agency and the Trustee may incur in connection therewith. All Bonds so surrendered to the Trustee shall be canceled by it and evidence of such cancellation shall be given to the Agency.

Bonds Mutilated, Destroyed, Stolen or Lost. In case any Bond shall become mutilated or be destroyed, stolen or lost, the Agency shall execute and the Trustee shall authenticate and deliver a new Bond, Bond of like interest rate, maturity, maturity and principal amount and other terms as the Bond, Bond so mutilated, destroyed, stolen stolen, or lost, either (i) in exchange and substitution for such mutilated Bond, upon surrender and cancellation of such mutilated Bond, or (ii) in lieu of and substitution for the Bond, destroyed, stolen stolen, or lost, upon filing with receipt by the Trustee of evidence satisfactory to the Agency and the Trustee that such Bond, Bond has been destroyed, stolen stolen, or lost and proof of ownership thereof thereof, and upon furnishing the Agency and Trustee with indemnity satisfactory to the Trustee with a bond of indemnity issued by a reputable surety company satisfactory to them. The person requesting the authentication and delivery of a new Bond pursuant to this Section shall comply complying with such other reasonable regulations as the Agency and the Trustee may prescribe and pay paying such expenses as the Agency and the Trustee may incur in connection therewithincur. All Bonds so surrendered to the Trustee shall be canceled by it and evidence of pursuant to Section 3.14 hereof. Any such cancellation new Bonds issued pursuant to this Section in substitution for Bonds mutilated or alleged to be destroyed, stolen or lost shall be given equally secured by and entitled to equal and proportionate benefits of, with all other Bonds delivered under this Trust Agreement, any moneys or securities held by the AgencyTrustee for the benefit of the Bondowners.

Bonds Mutilated, Destroyed, Stolen or Lost. In case any Bond shall become mutilated or be destroyed, stolen or lost, the Agency Authority shall execute and thereupon the Trustee shall authenticate and deliver deliver, a new Bond, Bond of like interest rateseries, maturity, maturity and principal amount and other terms as the Bond, Bond so mutilated, destroyed, stolen or lost, either (i) in exchange and substitution for such mutilated Bond, upon surrender and cancellation of such mutilated Bond, Bond or (ii) in lieu of and substitution for the Bond, Bond destroyed, stolen or lost, upon filing with the Trustee of evidence satisfactory to the Agency Authority and the Trustee that such Bond, Bond has been destroyed, stolen or lost and proof of ownership thereof thereof, and upon furnishing the Agency Authority and the Trustee with a bond of indemnity issued by a reputable surety company satisfactory to them. The person requesting the authentication them and delivery of a new Bond pursuant to this Section shall comply complying with such other reasonable regulations requirements as the Agency Authority and the Trustee may prescribe and pay paying such expenses as the Agency Authority and the Trustee may incur in connection therewithincur. All Bonds so surrendered to the Trustee shall be canceled cancelled by it it. Any such new Bonds issued pursuant to this Section in substitution for Bonds alleged to be destroyed, stolen or lost shall constitute original additional contractual obligations on the part of the Authority, whether or not the Bonds so alleged to be destroyed, stolen or lost be at any time enforceable by anyone, and evidence of such cancellation shall be given equally secured by and entitled to equal and proportionate benefits with all other Bonds issued hereunder in any moneys or securities held by the AgencyAuthority, the Trustee or any Paying Agent for the benefit of the Bondholders.

Bonds Mutilated, Destroyed, Stolen or Lost. In case any Bond shall become mutilated or be destroyed, stolen or lost, the Agency Issuer shall execute execute, and the Trustee shall authenticate and deliver authenticate, a new Bond, Bond of like series, interest rate, maturity, principal amount and other terms as the Bond, Bond so mutilated, destroyed, stolen or lost, either (i) in exchange and substitution for such . In the case of a mutilated Bond, such new Bond shall be delivered only upon surrender and cancellation of such mutilated Bond, or (ii) . In the case of a Bond issued in lieu of and substitution for the Bond, a Bond that has been destroyed, stolen or lost, such new Bond shall be delivered only upon the filing of evidence with the Trustee of evidence satisfactory to establish to the Agency Issuer and the Trustee that such Bond, Bond has been destroyed, stolen or lost and proof of to prove the ownership thereof and upon furnishing the Agency Issuer and the Trustee with a bond of indemnity issued by a reputable surety company satisfactory to them. The person requesting the authentication and delivery of a new Bond pursuant to this Section shall comply with such other reasonable regulations requirements as the Agency Issuer and the Trustee may prescribe and pay such expenses as the Agency Issuer and the Trustee may incur in connection therewith. All Bonds so surrendered to the Trustee shall be canceled cancelled by it and evidence it. Evidence of such cancellation shall be given to the AgencyIssuer upon request.

Bonds Mutilated, Destroyed, Stolen or Lost. In case any Bond shall become mutilated or be destroyed, stolen or lost, the Agency SANDAG shall execute execute, and thereupon the Trustee shall authenticate and deliver deliver, a new Bond, Bond of like interest rateSeries, maturity, interest rate and principal amount and other terms as the Bond, Bonds so mutilated, destroyed, stolen or lost, either (i) in exchange and substitution for such mutilated Bond, upon surrender and cancellation of such mutilated Bond, Bond or (ii) in lieu of and substitution for the Bond, Bond destroyed, stolen or lost, upon filing with the Trustee of evidence satisfactory to the Agency SANDAG and the Trustee that such Bond, Bond has been destroyed, stolen or lost and proof of ownership thereof thereof, and upon furnishing the Agency SANDAG and the Trustee with a bond of indemnity issued by a reputable surety company satisfactory to them. The person requesting the authentication them and delivery of a new Bond pursuant to this Section shall comply complying with such other reasonable regulations as the Agency and SANDAG, the Trustee may prescribe and pay paying such expenses as the Agency SANDAG and the Trustee may incur in connection therewithincur. All Bonds so surrendered to the Trustee shall be canceled by it and evidence the Trustee in accordance with Section 1205. Any such new Bonds issued pursuant to this Section in substitution for Bonds alleged to be destroyed, stolen or lost shall constitute original additional contractual obligations on the part of such cancellation SANDAG, whether or not the Bonds so alleged to be destroyed, stolen or lost shall be given found at any time or be enforceable by anyone, shall be entitled to equal and proportionate benefits with all other Bonds of the Agencysame Series issued under this Indenture and shall be equally secured by the moneys or securities held by SANDAG or the Trustee for the benefit of the Owners.