Common use of EFFECT OF PURCHASE OF THE BONDS Clause in Contracts

EFFECT OF PURCHASE OF THE BONDS. No purchase of Bonds pursuant to Section 3.3 hereof shall be deemed to be a payment or redemption of such Bonds or any portion thereof and such purchase will not operate to extinguish or discharge the indebtedness evidenced by such Bonds.

Appears in 3 contracts

Samples: Trust Indenture (Laralev Inc), Trust Indenture (Sterile Recoveries Inc), Trust Indenture (Sterile Recoveries Inc)

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EFFECT OF PURCHASE OF THE BONDS. No purchase of Bonds pursuant to Section 3.3 3.2 hereof shall be deemed to be a payment or redemption of such Bonds or any portion thereof and such purchase will not operate to extinguish or discharge the indebtedness evidenced by such Bonds.

Appears in 1 contract

Samples: Trust Indenture (Lower Road Associates LLC)

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