Common use of Destruction of Cancelled Bonds Clause in Contracts

Destruction of Cancelled Bonds. Whenever in this Indenture provision is made for the surrender to the Authority or the Trustee of any Bonds which have been paid or cancelled under this Indenture, the Trustee shall destroy such Bonds and furnish to the Authority a certificate of such destruction.

Appears in 1 contract

Samples: Fiscal Agent Agreement

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Destruction of Cancelled Bonds. Whenever in this Indenture provision is made for the surrender to the Authority or the Trustee of any Bonds which have been paid or cancelled under pursuant to the provisions of this Indenture, the Trustee shall destroy such Bonds bonds and furnish to upon request of the Authority Successor Agency provide the Successor Agency a certificate of destruction. The Successor Agency shall be entitled to rely upon any statement of fact contained in any certificate with respect to the destruction of any such destructionBonds therein referred to.

Appears in 1 contract

Samples: www.palmspringsca.gov

Destruction of Cancelled Bonds. Whenever in this Indenture provision is made for the surrender to the Authority or the Trustee of any Bonds which have been paid or cancelled under pursuant to the provisions of this Indenture, the Trustee shall destroy such Bonds bonds and furnish to provide the Authority a certificate of destruction. The Administrator shall be entitled to rely upon any statement of fact contained in any certificate with respect to the destruction of any such destructionBonds therein referred to.

Appears in 1 contract

Samples: www.fora.org

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Destruction of Cancelled Bonds. Whenever in this Indenture provision is made for the surrender to the Authority or the Trustee of any Bonds which have been paid or cancelled under pursuant to the provisions of this Indenture, the Trustee shall destroy such Bonds bonds and furnish to upon request of the Authority Successor Agency provide the Successor Agency a certificate of destruction. The Successorr Agency shall be entitled to rely upon any statement of fact contained in any certificate with respect to the destruction of any such destructionBonds therein referred to.

Appears in 1 contract

Samples: Bond Purchase Agreement

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