Common use of DUTIES OF THE AGENTS IN CONNECTION WITH EARLY REDEMPTION Clause in Contracts

DUTIES OF THE AGENTS IN CONNECTION WITH EARLY REDEMPTION. 14.1 If the Issuer decides to redeem any Covered Bonds for the time being outstanding before their Final Maturity Date in accordance with the Terms and Conditions, the Issuer shall give notice of the decision to the Bond Trustee and the Principal Paying Agent, and in the case of redemption of Registered Covered Bonds, the Registrar, stating the date on which the Covered Bonds are to be redeemed and the nominal amount of Covered Bonds to be redeemed, not less than 10 days before the date on which the Issuer will give notice to the Covered Bondholders in accordance with the Terms and Conditions of the redemption in order to enable the Principal Paying Agent and, if applicable, the Registrar to carry out its duties in this Agreement and in the Terms and Conditions.

Appears in 6 contracts

Samples: Agency Agreement, Agency Agreement, Supplemental Agency Agreement

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DUTIES OF THE AGENTS IN CONNECTION WITH EARLY REDEMPTION. 14.1 13.1 If the Issuer decides to redeem any Covered Bonds for the time being outstanding before their Final Maturity Date in accordance with the Terms and Conditions, the Issuer shall will give notice of the decision to the Bond Trustee and the Principal Paying AgentAgents, and in the case of redemption of Registered Covered Bonds, the Registrar, stating the date on which the Covered Bonds are to be redeemed and the nominal amount of Covered Bonds to be redeemed, not less than 10 days before the date on which the Issuer will give notice to the Covered Bondholders in accordance with the Terms and Conditions of the redemption in order to enable the Principal Paying Agent Agents and, if applicable, the Registrar to carry out its duties in this Agreement and in the Terms and Conditions.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement (BMO Covered Bond Guarantor Limited Partnership)

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