Common use of Destruction of Cancelled Bonds Clause in Contracts

Destruction of Cancelled Bonds. Whenever provision is made for the return to the Authority of any Bonds which have been cancelled pursuant to the provisions hereof, the Authority may, by a Written Request of the Authority, direct the Trustee to destroy such Bonds and furnish to the Authority a certificate of such destruction.

Appears in 5 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Destruction of Cancelled Bonds. Whenever in this Indenture provision is made for the return surrender to the Authority or the Trustee of any Bonds which have been paid or cancelled pursuant to the provisions hereofof this Indenture, the Authority may, by a Written Request of the Authority, direct the Trustee to shall destroy such Bonds and furnish to in accordance with the Authority a certificate retention policy of such destructionthe Trustee then in effect.

Appears in 2 contracts

Samples: Indenture of Trust, Indenture of Trust

Destruction of Cancelled Bonds. Whenever provision is made for the return to the Authority Agency of any Bonds which have been cancelled pursuant to the provisions hereof, the Authority may, by a Written Request of the Authority, direct the Trustee to shall destroy such Bonds and furnish to the Authority Agency a certificate of such destruction.

Appears in 1 contract

Samples: Trust Agreement

Destruction of Cancelled Bonds. Whenever in this Indenture provision is made for the return surrender to the Authority of any Bonds which that have been paid or cancelled pursuant to the provisions hereofof this Indenture, the Authority may, by a Written Request of the Authority, direct the Trustee to destroy such Bonds and furnish to the Authority a certificate of such destruction.destruction.β€Œ

Appears in 1 contract

Samples: Indenture

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Destruction of Cancelled Bonds. Whenever provision is made for the return to the Authority Local Agency of any Bonds which have been cancelled pursuant to the provisions hereof, the Authority may, by a Written Request of the Authority, direct the Trustee to shall destroy such Bonds and furnish to the Authority Local Agency a certificate of such destruction.

Appears in 1 contract

Samples: Trust Agreement

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