Common use of Designation of Bonds to Be Redeemed Clause in Contracts

Designation of Bonds to Be Redeemed. The option of the State to redeem Bonds shall be evidenced by a Direction of the State delivered to the Fiscal Agent at least 60 days prior to the redemption date (or such shorter period as shall be acceptable to the Fiscal Agent) specifying the redemption date, the issue and Issue Date of Bonds to be redeemed. The Bonds to be redeemed shall be deemed to have been designated for redemption upon the receipt by the Fiscal Agent of such Direction of the State. No such Direction of the State may be revoked after the first mailing of notice of redemption pursuant to Section 5.4.

Appears in 2 contracts

Samples: Master Fiscal Agency Agreement, Master Fiscal Agency Agreement (Israel State Of)

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Designation of Bonds to Be Redeemed. The option of the State to redeem Bonds shall be evidenced by a Direction of the State delivered to the Fiscal Agent at least 60 between thirty (30) and sixty (60) days prior to the redemption date (or such shorter period as shall be acceptable to the Fiscal Agent) specifying the redemption date, the issue Series and Issue Date of Bonds to be redeemed. The Bonds to be redeemed shall be deemed to have been designated for redemption upon the receipt by the Fiscal Agent of such Direction of the State. No such Direction of the State may be revoked after the first mailing of notice of redemption pursuant to Section 5.45.04.

Appears in 1 contract

Samples: Master Fiscal Agency Agreement (Israel, State Of)

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Designation of Bonds to Be Redeemed. The option of the State to redeem Bonds shall be evidenced by a Direction of the State delivered to the Fiscal Agent at least 60 sixty (60) days prior to the redemption date (or such shorter period as shall be acceptable to the Fiscal Agent) specifying the redemption date, the issue Series and Issue Date of Bonds to be redeemed. The Bonds to be redeemed shall be deemed to have been designated for redemption upon the receipt by the Fiscal Agent of such Direction of the State. No such Direction of the State may be revoked after the first mailing of notice of redemption pursuant to Section 5.4.

Appears in 1 contract

Samples: Master Fiscal Agency Agreement (Israel State Of)

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