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 a new Bond of like interest rate, maturity, principal amount, Series and other terms as the Bond so mutilated, destroyed, stolen or lost. In the case of a mutilated Bond, such new Bond shall be delivered only upon surrender and cancellation of such mutilated Bond. In the case of Bonds issued in lieu of and substitution for a Bond destroyed, stolen or lost, such new Bond shall‌ be delivered only upon filing with the Trustee of evidence satisfactory to the Agency and the Trustee that such Xxxx has been destroyed, stolen or lost and proof of ownership thereof and upon furnishing the Agency and the Trustee with indemnity 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 cancelled by it and evidence of such cancellation shall be given to the Agency.

Appears in 1 contract

Samples: www.calhfa.ca.gov

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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 authenticate, a new Bond of like series, interest rate, maturity, principal amount, Series amount and other terms as the Bond so mutilated, destroyed, stolen or lost. In the case of a mutilated Bond, such new Bond shall be delivered only upon surrender and cancellation of such mutilated Bond. In the case of Bonds a Bond issued in lieu of and substitution for a Bond that has been destroyed, stolen or lost, such new Bond shall‌ 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 Xxxx 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 indemnity 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 cancelled by it and evidence it. Evidence of such cancellation shall be given to the AgencyIssuer upon request.

Appears in 1 contract

Samples: Trust Indenture

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 the Trustee Authenticating Agent shall authenticate a new Bond of like Series, interest rate, maturity, principal amount, Series amount and other terms as of the Bond so mutilated, destroyed, stolen or lost. In the case of a mutilated Bond, such new Bond shall be delivered only upon surrender and cancellation of such mutilated Bond. In the case of Bonds a Bond issued in lieu of and in substitution for a Bond which has been destroyed, stolen or lost, such new Bond shall‌ shall be delivered only upon filing with the Trustee of evidence satisfactory to establish to the Agency Authority and the Trustee that such Xxxx Bond has been destroyed, stolen or lost and proof of to prove the ownership thereof and upon furnishing the Agency Authority and the Trustee with indemnity satisfactory to them. The person requesting the authentication and delivery of a new Bond pursuant to this Section 3.7 shall comply with such other reasonable regulations as the Agency Authority and the Trustee may prescribe and pay such expenses as the Agency Authority and the Trustee may incur in connection therewith. All Bonds so surrendered to the Trustee shall be cancelled by it and evidence it. Evidence of such cancellation shall be given to filed with the AgencyAuthority at its request.

Appears in 1 contract

Samples: Indenture of Trust

Bonds Mutilated, Destroyed, Stolen or Lost. In case any Bond shall become mutilated or be destroyed, stolen or lost, the Agency shall execute Authority shall, upon the written request of the SCPCFA, execute, and thereupon the Trustee shall authenticate and deliver, a new Bond, with a new replacement number, not similar to that of any Outstanding Bond of like interest ratedesignation, maturity, interest rate and principal amount, Series and other terms amount as the Bond so mutilated, destroyed, stolen or lost. In the case of a , in exchange and substitution for such mutilated Bond, such new Bond shall be delivered only upon surrender and cancellation of such mutilated Bond. In the case of Bonds issued Bond or in lieu of and substitution for a the Bond destroyed, stolen or lost, such new Bond shall‌ . Such replacement or exchange shall only be delivered only made upon filing with the Trustee of evidence satisfactory to the Agency Authority and the Trustee that such Xxxx Bond, if any, has been destroyed, stolen or lost and proof of ownership thereof thereof, and upon furnishing the Agency Authority and the Trustee with indemnity 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 Authority or the Trustee may prescribe and pay paying such expenses as the Agency Authority and the Trustee may incur in connection therewith. All such Bonds so surrendered to the Trustee shall be cancelled by it and evidence of such cancellation shall be given to the Agencydestroyed.

Appears in 1 contract

Samples: carneyspointsewerage.org

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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, principal amount, Series amount and other terms as the Bond Bond, so mutilated, destroyed, stolen or lost. In the case of a , either (i) in exchange and substitution for such mutilated Bond, such new Bond shall be delivered only upon surrender and cancellation of such mutilated Bond. In the case of Bonds issued , or (ii) in lieu of and substitution for a Bond the Bond, destroyed, stolen or lost, such new Bond shall‌ be delivered only upon filing with the Trustee of evidence satisfactory to the Agency and the Trustee that such Xxxx 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 cancelled canceled by it and evidence of such cancellation shall be given to the Agency.

Appears in 1 contract

Samples: Pennsylvania Housing Finance 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, principal amount, Series amount and other terms as the Bond Bond, so mutilated, destroyed, stolen or lost. In the case of a , either (i) in exchange and substitution for such mutilated Bond, such new Bond shall be delivered only upon surrender and cancellation of such mutilated Bond. In the case of Bonds issued , or (ii) in lieu of and substitution for a Bond the Bond, destroyed, stolen or lost, such new Bond shall‌ be delivered only upon filing with the Trustee of evidence satisfactory to the Agency and the Trustee that such Xxxx Xxxx, 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 cancelled canceled by it and evidence of such cancellation shall be given to the Agency.

Appears in 1 contract

Samples: Pennsylvania Housing Finance Agency

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