Common use of Destruction of Bonds Clause in Contracts

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative and the delivery to the Issuer of any Bonds, the Bondowner Representative may, in lieu of such cancellation and delivery, destroy such Bonds and deliver a certificate of such destruction to the Issuer.

Appears in 3 contracts

Samples: Indenture of Trust, Indenture, Indenture of Trust

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Destruction of Bonds. Whenever in this Bond Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer of any Bonds, the Bondowner Representative mayTrustee shall, in lieu of such cancellation and delivery, destroy such Bonds and and, upon request of the Issuer, deliver a certificate of such destruction to the Issuer.

Appears in 3 contracts

Samples: Bond Indenture (SemGroup Corp), Bond Indenture (SemGroup Corp), Bond Indenture (SemGroup Corp)

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer Community Facilities District of any Bonds, the Bondowner Representative mayTrustee shall, in lieu of such cancellation and delivery, destroy such Bonds and deliver a certificate of such destruction to the IssuerBonds.

Appears in 2 contracts

Samples: Indenture, Indenture

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer Authority of any Bonds, the Bondowner Representative mayTrustee shall, in lieu of such cancellation and delivery, destroy such Bonds (in the presence of an officer of the Authority, if the Authority shall so require) and at the request of the Authority deliver a certificate of such destruction to the IssuerAuthority.

Appears in 2 contracts

Samples: Indenture, Indenture

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer Authority of any Bonds, the Bondowner Representative Trustee may, upon the Written Request of the Authority, in lieu of such cancellation and delivery, destroy such Bonds and deliver a certificate of such destruction to the IssuerBonds.

Appears in 2 contracts

Samples: Indenture, Indenture

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative and the delivery to the Issuer of any Bonds, the Bondowner Representative mayshall, in lieu of such cancellation and delivery, destroy such Bonds and deliver a certificate of such destruction to the Issuer.

Appears in 2 contracts

Samples: Indenture, Indenture

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer Authority of any Bonds, the Bondowner Representative mayTrustee shall, in lieu of such cancellation and delivery, destroy such Bonds as may be allowed by law, and at the written request of the Authority or the City the Trustee shall deliver a certificate of such destruction to the IssuerAuthority.

Appears in 2 contracts

Samples: Master Indenture, Indenture

Destruction of Bonds. Whenever in this the Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer Authority of any Bonds, the Bondowner Representative Trustee may, in lieu of such cancellation and delivery, destroy such Bonds and deliver a certificate of such destruction to the IssuerBonds.

Appears in 2 contracts

Samples: Master Indenture, Master Indenture

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer Authority of any Bonds, the Bondowner Representative Trustee may, in lieu of such cancellation and delivery, destroy such Bonds and deliver a certificate of such the destruction to the IssuerAuthority.

Appears in 1 contract

Samples: Indenture of Trust (BFC Guaranty Corp)

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer Agency of any Bonds, the Bondowner Representative mayTrustee shall, in lieu of such cancellation and delivery, cancel and destroy such Bonds as may be allowed by law, and the Trustee shall deliver a certificate of such destruction to the IssuerAgency.

Appears in 1 contract

Samples: Indenture of Trust

Destruction of Bonds. Whenever in this Indenture provision is made for any Bonds shall be delivered to the Trustee upon the cancellation thereof pursuant to this Indenture, upon payment of the principal amount represented thereby or for replacement of a mutilated Bond pursuant to Section 2.08 hereof, such Bonds shall be promptly canceled and destroyed by the Bondowner Representative Trustee and counterparts of a certificate of destruction evidencing such destruction shall be furnished by the delivery Trustee to the Issuer of any Bonds, and the Bondowner Representative may, in lieu of such cancellation and delivery, destroy such Bonds and deliver a certificate of such destruction to the IssuerCompany.

Appears in 1 contract

Samples: Trust Indenture (System Energy Resources Inc)

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Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer Authority of any Bonds, the Bondowner Representative may, Trustee shall in lieu of such cancellation and delivery, destroy such Bonds (in the presence of an officer of the Authority, if the Authority shall so require), and deliver a certificate of such destruction to the IssuerAuthority if requested.

Appears in 1 contract

Samples: Indenture

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer Authority of any Bonds, the Bondowner Representative Trustee may, upon Request of the Authority, in lieu of such cancellation and delivery, destroy such Bonds (in the presence of an officer of the Authority, if the Authority shall so require), and deliver a certificate of such destruction to the IssuerAuthority.

Appears in 1 contract

Samples: Indenture of Trust

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer of any Bonds, the Bondowner Representative Trustee may, upon the written request of the Issuer, in lieu of such cancellation and delivery, destroy such Bonds Bonds, in the presence of an officer of the Issuer (if the Issuer shall so require), and deliver a certificate of such destruction to the Issuer.

Appears in 1 contract

Samples: Indenture of Trust (Enron Corp/Or/)

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Bond Trustee and the delivery to the Issuer Authority of any Bonds, the Bondowner Representative mayBond Trustee shall, in lieu of such cancellation and delivery, destroy such Bonds (in the presence of an officer of the Authority, if the Authority shall so require) and at the request of the Authority deliver a certificate of such destruction to the IssuerAuthority.

Appears in 1 contract

Samples: Indenture

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer Authority of any Bonds, the Bondowner Representative Trustee may, in lieu of such cancellation and delivery, destroy such Bonds and deliver a certificate of such destruction to the IssuerBonds.

Appears in 1 contract

Samples: Indenture

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer Authority of any Bonds, the Bondowner Representative Trustee may, in lieu of such cancellation and delivery, destroy such Bonds and shall deliver a certificate of such destruction to the IssuerAuthority.

Appears in 1 contract

Samples: Loan Agreement (Navistar International Corp)

Destruction of Bonds. Whenever in this Indenture provision is made for the cancellation by the Bondowner Representative Trustee and the delivery to the Issuer Authority of any Bonds, the Bondowner Representative mayTrustee shall, in lieu of such cancellation and delivery, destroy such Bonds and deliver a certificate of such destruction to the IssuerBonds.

Appears in 1 contract

Samples: Indenture

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