Common use of Disposition of Amounts after Payment of Bonds Clause in Contracts

Disposition of Amounts after Payment of Bonds. Any amounts remaining in the funds created under the Indenture after payment in full of principal of and premium, if any, and interest on all the Bonds, or provision for payment thereof having been made in accordance with the provisions of the Indenture, and payment of all the fees, charges and expenses of the Authority, the Trustee, the Auction Agent, any Remarketing Agent, and the Registrar and Paying Agent and any other paying agent in accordance with the Indenture and this Participation Agreement, shall belong to and be promptly paid to the Company by the Trustee in accordance with the provisions of the Indenture.

Appears in 7 contracts

Samples: Participation Agreement (Orange & Rockland Utilities Inc), Participation Agreement (Orange & Rockland Utilities Inc), Participation Agreement (Consolidated Edison Inc)

AutoNDA by SimpleDocs

Disposition of Amounts after Payment of Bonds. Any amounts remaining in the funds created under the Indenture after payment in full of principal of and premium, if any, and interest on all the Bonds, or provision for payment thereof having been made in accordance with the provisions of the Indenture, and payment of all the fees, charges and expenses of the Authority, the Trustee, the any Auction Agent, any Remarketing Agent, and the Registrar and Paying Agent and any other paying agent in accordance with the Indenture and this Participation Agreement, shall belong to and be promptly paid to the Company by the Trustee in accordance with the provisions of the Indenture.

Appears in 3 contracts

Samples: Participation Agreement (Consolidated Edison Inc), Participation Agreement (Consolidated Edison Co of New York Inc), Participation Agreement (Consolidated Edison Inc)

Disposition of Amounts after Payment of Bonds. Any amounts remaining in the funds created under the Indenture after payment in full of principal of of, and premium, if any, and interest on all the Bonds, or provision for payment thereof having been made in accordance with the provisions of the Indenture, and payment of all the fees, charges and expenses of the Authority, the Trustee, the Auction Agent, any Remarketing Agent, Trustee and the Registrar and Paying Agent and any other paying agent Agents in accordance with the Indenture and this Participation Agreement, shall belong to and be promptly paid to the Company by the Trustee in accordance with the provisions of the Indenture.

Appears in 1 contract

Samples: Participation Agreement (Keyspan Corp)

AutoNDA by SimpleDocs

Disposition of Amounts after Payment of Bonds. Any amounts remaining in the funds created under the Indenture after payment in full of principal of of, and premium, if any, and interest on all the Bonds, or provision for payment thereof having been made in accordance with the provisions of the Indenture, and payment of all the fees, charges and expenses of the Authority, the Trustee, the Auction Agent, any Remarketing Agent, Trustee and the Registrar and Paying Agent and any other paying agent Agents in accordance with the Indenture and this Participation Agreement, shall belong to and be promptly paid to the Company Corporation by the Trustee in accordance with the provisions of the Indenture.

Appears in 1 contract

Samples: Participation Agreement (Niagara Mohawk Power Corp /Ny/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!