Common use of Delivery to the Company of All Senior Note Mortgage Bonds Clause in Contracts

Delivery to the Company of All Senior Note Mortgage Bonds. When the obligation of the Company to make payment with respect to the principal of and premium, if any, and interest on the Senior Note Mortgage Bonds shall be satisfied or deemed satisfied pursuant to Section 4.1 or Section 14.10 hereof, the Trustee shall, upon written request of the Company and receipt of the certificate of the Expert described in Section 14.6(b) hereof (if such certificate is then required by Section 14.6(b) hereof), deliver to the Company without charge therefor all of the Senior Note Mortgage Bonds, together with such appropriate instruments of transfer or release as may be reasonably requested by the Company. All Senior Note Mortgage Bonds delivered to the Company in accordance with this Section 14.5 shall be delivered by the Company to the First Mortgage Trustee for cancellation.

Appears in 2 contracts

Samples: Texas New Mexico Power Co, Texas New Mexico Power Co

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Delivery to the Company of All Senior Note Mortgage Bonds. When the obligation of the Company to make payment with respect to the principal of and premium, if any, and interest on the Senior Note Mortgage Bonds shall be satisfied or deemed satisfied pursuant to Section 4.1 4.11 or Section 14.10 5.1(a) hereof, the Trustee shall, upon written request of the Company and receipt of the certificate of the Expert described in Section 14.6(b4.6(b) hereof (if such certificate is then required by Section 14.6(b4.6(b) hereof), deliver to the Company without charge therefor all of the Senior Note Mortgage Bonds, together with such appropriate instruments of transfer or release as may be reasonably requested by the Company. All Senior Note Mortgage Bonds delivered to the Company in accordance with this Section 14.5 4.5 shall be delivered by the Company to the First Mortgage Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Northern States Power Co /Mn/)

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Delivery to the Company of All Senior Note Mortgage Bonds. When the obligation of the Company to make payment with respect to the principal of and premium, if any, and interest on the Senior Note Mortgage Bonds shall be satisfied or deemed satisfied pursuant to Section 4.1 401 or Section 14.10 1310 hereof, the Trustee shall, upon written request of the Company and receipt of the certificate of the Expert described in Section 14.6(b1306(b) hereof (if such certificate is then required by Section 14.6(b1306(b) hereof), deliver to the Company without charge therefor all of the Senior Note Mortgage Bonds, together with such appropriate instruments of transfer or release as may be reasonably requested by the Company. All Senior Note Mortgage Bonds delivered to the Company in accordance with this Section 14.5 1305 shall be delivered by the Company to the First Mortgage Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Public Service Co of Oklahoma)

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