Common use of Delivery of Proceeds of Sale of Purchased Bonds Clause in Contracts

Delivery of Proceeds of Sale of Purchased Bonds. (a) Except in the case of the sale of any Pledged Bonds, the proceeds of the sale of any Bonds delivered or deemed delivered to the Tender Agent pursuant to Sections 5.01, 5.03 or 5.04 hereof, to the extent not required to pay the Purchase Price to tendering Bondholders and not required to reimburse the Bank under the Reimbursement Agreement, shall be paid to or upon the order of the Company.

Appears in 2 contracts

Samples: A Loan Agreement (Vermont Pure Holdings LTD), Nutrition Management Services Co/Pa

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Delivery of Proceeds of Sale of Purchased Bonds. (a) Except in the case of the sale of any Pledged Bonds, the proceeds of the sale of any Bonds delivered or deemed delivered to the Tender Agent pursuant to Sections 5.01Section 3.01, 5.03 3.02 or 5.04 3.06 hereof, to the extent not required to pay the Purchase Price to tendering Bondholders and not required to reimburse the Bank under the Reimbursement Agreementthereof in accordance with Section 3.07 hereof, shall be paid to or upon the order of the Company.

Appears in 1 contract

Samples: Indenture (Sterigenics International)

Delivery of Proceeds of Sale of Purchased Bonds. (a) Except in the case of the sale of any Pledged Bonds, the proceeds Proceeds of the sale of any Bonds delivered or deemed delivered to the Tender Agent pursuant to Sections Section 5.01, 5.03 or 5.04 hereof, to the extent not required to pay the Purchase Price to tendering Bondholders and not required to reimburse the Bank under the Reimbursement Agreement, shall be paid to or upon the order of the CompanyTrustee.

Appears in 1 contract

Samples: Loan Agreement (Gateway Trade Center Inc.)

Delivery of Proceeds of Sale of Purchased Bonds. (a) Except in the case of the sale of any Pledged Bonds, the proceeds of the sale of any Bonds delivered or deemed delivered to the Tender Agent pursuant to Sections Section 5.01, 5.03 5.04 or 5.04 5.05 hereof, to the extent not required to pay the Purchase Price to tendering Bondholders and not required to reimburse the Bank under the Reimbursement AgreementAgreement or to pay the Purchase Price to the tendering Bondholder, shall be paid to or upon the order of the CompanyTrustee.

Appears in 1 contract

Samples: Trust Indenture (Piercing Pagoda Inc)

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Delivery of Proceeds of Sale of Purchased Bonds. (a) Except in the case of the sale of any Pledged Bonds, the proceeds of the sale of any Bonds delivered or deemed delivered to the Tender Agent pursuant to Sections Section 5.01, 5.03 or 5.04 hereof, to the extent not required to pay the Purchase Price to tendering Bondholders and not required to reimburse the Bank under the Reimbursement Agreement, shall be paid to or upon the order of the CompanyTrustee.

Appears in 1 contract

Samples: Loan Agreement (Lannett Co Inc)

Delivery of Proceeds of Sale of Purchased Bonds. (a) Except in the case of the sale of any Pledged Bonds, the proceeds of the sale of any Bonds delivered or deemed delivered to the Tender Agent pursuant to Sections 5.01, 5.03 or 5.04 hereof, to the extent not required to pay the Purchase Price to tendering Bondholders and not required to reimburse the Letter of Credit Bank or the Bank under the Reimbursement Letter of Credit or the Loan Agreement, shall be paid to or upon the order of the Company.

Appears in 1 contract

Samples: Trust Indenture (Central Sprinkler Corp)

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