Common use of Endorsement or Replacement of Bonds After Amendment Clause in Contracts

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove provided, the Authority may determine that the Bonds may bear a notation by endorsement in form approved by the Authority as to such action, and in that case upon demand of the Bondholder of any Outstanding Bonds and presentation of his Bond for such purpose at the office of the Trustee a suitable notation as to such action shall be made on such Bond. If the Authority shall so determine, new Bonds so modified as, in the opinion of the Authority, shall be necessary to conform to such action shall be prepared and executed, and in that case upon demand of the Bondholder of any Outstanding Bond a new Bond or Bonds shall be exchanged at the office of the Trustee without cost to each Bondholder for its Bond or Bonds then Outstanding upon surrender of such Outstanding Bonds.

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove provided, the Authority may determine that the any affected Bonds may shall bear a notation notation, by endorsement in form approved by the Authority Authority, as to such action, and in that case upon demand of the Bondholder Owner of any Bond Outstanding Bonds at such effective date and presentation of his its Bond for such that purpose at the office Trust Office of the Trustee Trustee, a suitable notation as to such action shall be made on such Bond. If the Authority shall so determine, new Bonds so modified as, in the opinion of the Authority, shall be necessary to conform to such Bond Owners’ action shall be prepared and executed, and in that case upon demand of the Bondholder Owner of any Bond Outstanding Bond a at such effective date such new Bond or Bonds shall be exchanged at the office Trust Office of the Trustee Trustee, without cost to each Bondholder Bond Owner, for its Bond or Bonds then Outstanding Outstanding, upon surrender of such Outstanding Bonds.

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove provided, the Authority Agency may determine that the Bonds may bear a notation by endorsement in form approved by the Authority Agency as to such action, and in that case upon demand of the Bondholder Owner of any Outstanding Bonds and presentation of his Bond for such purpose at the office Corporate Trust Office of the Trustee a suitable notation as to such action shall be made on such Bond. If the Authority Agency shall so determine, new Bonds so modified as, in the opinion of the AuthorityAgency, shall be necessary to conform to such action shall be prepared and executed, and in that case upon demand of the Bondholder Owner of any Outstanding Bond a new Bond or Bonds shall be exchanged at the office Corporate Trust Office of the Trustee without cost to each Bondholder Owner for its Bond or Bonds then Outstanding upon surrender of such Outstanding Bonds.

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove provided, the Authority may determine that the Bonds may bear a notation by endorsement in form approved by the Authority as to such action, and in that case upon demand of the Bondholder Holder of any Outstanding Bonds and presentation of his Bond for such purpose at the office of the Trustee a suitable notation as to such action shall be made on such Bond. If the Authority shall so determine, new Bonds so modified as, in the opinion of the Authority, shall be necessary to conform to such action shall be prepared and executed, and in that case upon demand of the Bondholder Holder of any Outstanding Bond a new Bond or Bonds shall be exchanged at the office Corporate Trust Office of the Trustee Trustee, without cost to each Bondholder Holder for its Bond or Bonds then Outstanding upon surrender of such Outstanding Bonds.

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove provided, the Authority may determine that the Bonds may bear a notation by endorsement in form approved by the Authority as to such action, and in that case upon demand of the Bondholder Owner of any Outstanding Bonds and presentation of his such Bond for such purpose at the office Office of the Trustee a suitable notation as to such action shall be made on such Bond. If the Authority shall so determine, new Bonds so modified as, in the opinion of the Authority, shall be necessary to conform to such action shall be prepared and executed, and in that case upon demand of the Bondholder Owner of any Outstanding Bond a new Bond or Bonds shall be exchanged at the office of the Trustee without cost to each Bondholder Owner for its Bond or Bonds then Outstanding upon surrender of such Outstanding Bonds.

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove provided, the Authority may determine that the any affected Bonds may shall bear a notation notation, by endorsement in form approved by the Authority Authority, as to such action, and in that case upon demand of the Bondholder Owner of any Bond Outstanding Bonds at such effective date and presentation of his its Bond for such that purpose at the office Principal Office of the Trustee Trustee, a suitable notation as to such action shall be made on such Bond. If the Authority shall so determine, new Bonds so modified as, in the opinion of the Authority, shall be necessary to conform to such Bond Owners’ action shall be prepared and executed, and in that case upon demand of the Bondholder Owner of any Bond Outstanding Bond a at such effective date such new Bond or Bonds shall be exchanged at the office Principal Office of the Trustee Trustee, without cost to each Bondholder Bond Owner, for its Bond or Bonds then Outstanding Outstanding, upon surrender of such Outstanding Bonds.

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove provided, the Authority may determine that the Bonds may bear a notation by endorsement in form approved by the Authority as to such action, and in that case upon demand of the Bondholder Holder of any Outstanding Bonds and presentation of his Bond for such purpose at the corporate trust office of the Trustee a suitable notation as to such action shall be made on such Bond. If the Authority shall so determine, new Bonds so modified as, in the opinion of the Authority, shall be necessary to conform to such action shall be prepared and executed, and in that case upon demand of the Bondholder Holder of any Outstanding Bond a new Bond or Bonds shall be exchanged at the corporate trust office of the Trustee without cost to each Bondholder Holder for its Bond or Bonds then Outstanding upon surrender of such Outstanding Bonds.

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove provided, the Authority Local Agency may determine that the Bonds may bear a notation by endorsement in form approved by the Authority Local Agency as to such action, and in that case upon demand of the Bondholder Holder of any Outstanding Bonds and presentation of his Bond for such purpose at the office of the Trustee a suitable notation as to such action shall be made on such Bond. If the Authority Local Agency shall so determine, new Bonds so modified as, in the opinion of the AuthorityLocal Agency, shall be necessary to conform to such action shall be prepared and executed, and in that case upon demand of the Bondholder Holder of any Outstanding Bond a new Bond or Bonds shall be exchanged at the office of the Trustee without cost to each Bondholder Holder for its Bond or Bonds then Outstanding upon surrender of such Outstanding Bonds.

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove provided, the Authority City may determine that the Bonds may bear a notation by endorsement in form approved by the Authority City as to such action, and in that case upon demand of the Bondholder Owner of any Outstanding Bonds and presentation of his such Owner’s Bond for such purpose at the office Corporate Trust Office of the Trustee a suitable notation as to such action shall be made on such Bond. If the Authority City shall so determine, new Bonds so modified as, in the opinion of the AuthorityCity, shall be necessary to conform to such action shall be prepared and executed, and in that case upon demand of the Bondholder Owner of any Outstanding Bond a new Bond or Bonds shall be exchanged at the office Corporate Trust Office of the Trustee without cost to each Bondholder Owner for its Bond or Bonds then Outstanding upon surrender of such Outstanding Bond or Bonds.

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove provided, the Authority may determine that the Bonds may shall bear a notation notation, by endorsement in form approved by the Authority Authority, as to such action, and in that case upon demand of the Bondholder Owner of any Bond Outstanding Bonds at such effective date and presentation of his Bond for such that purpose at the office Corporate Trust Office of the Trustee Trustee, a suitable notation as to such action shall be made on such Bond. If the Authority shall so determine, new Bonds so modified as, in the opinion of the Authority, shall be necessary to conform to such Bond Owner’s action shall be prepared and executed, and in that case upon demand of the Bondholder Owner of any Bond Outstanding Bond a at such effective date such new Bond or Bonds shall be exchanged at the office Corporate Trust Office of the Trustee Trustee, without cost to each Bondholder Bond Owner, for its Bond or Bonds then Outstanding Outstanding, upon surrender of such Outstanding Bonds.

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove herein above provided, the Authority Agency may determine that the Bonds may shall bear a notation notation, by endorsement in form approved by the Authority Agency, as to such action, and in that case upon demand of the Bondholder Owner of any Bond Outstanding Bonds at such effective date and presentation of his such Bond for such that purpose at the office Trust Office of the Trustee Trustee, a suitable notation as to such action shall be made on such Bond. If the Authority Agency shall so determine, new Bonds so modified as, in the opinion of the AuthorityAgency, shall be necessary to conform to such Bond Owners’ action shall be prepared and executed, and in that case upon demand of the Bondholder Owner of any Bond Outstanding Bond a at such effective date such new Bond or Bonds shall be exchanged at the office Trust Office of the Trustee Trustee, without cost to each Bondholder Bond Owner, for its Bond or Bonds then Outstanding Outstanding, upon surrender of such Outstanding Bonds.

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove herein above provided, the Authority may determine that the Bonds may shall bear a notation notation, by endorsement in form approved by the Authority Authority, as to such action, and in that case upon demand of the Bondholder Owner of any Bond Outstanding Bonds at such effective date and presentation of his such Bond for such that purpose at the office Trust Office of the Trustee Trustee, a suitable notation as to such action shall be made on such Bond. If the Authority shall so determine, new Bonds so modified as, in the opinion of the Authority, shall be necessary to conform to such Bond Owners’ action shall be prepared and executed, and in that case upon demand of the Bondholder Owner of any Bond Outstanding Bond a at such effective date such new Bond or Bonds shall be exchanged at the office Trust Office of the Trustee Trustee, without cost to each Bondholder Bond Owner, for its Bond or Bonds then Outstanding Outstanding, upon surrender of such Outstanding Bonds.

Endorsement or Replacement of Bonds After Amendment. After the effective date of any action taken as hereinabove providedamendment or modification hereof pursuant to this Article VII, the Authority Agency may determine that any or all of the Bonds may shall bear a notation notation, by endorsement in form approved by the Authority Agency, as to such action, amendment or modification and in that case upon demand of the Bondholder Agency the Owners of any Outstanding such Bonds and presentation of his Bond shall present such Bonds for such that purpose at the office Office of the Trustee Trustee, and thereupon a suitable notation as to such action shall be made on such BondBonds. If In lieu of such notation, the Authority shall so determine, Agency may determine that new Bonds so modified as, in the opinion of the Authority, shall be necessary to conform to such action shall be prepared and executed, executed in exchange for any or all of the Bonds and in that case upon demand of the Bondholder Agency the Owners of any Outstanding Bond a new Bond or the Bonds shall be exchanged present such Bonds for exchange at the office Office of the Trustee Trustee, without cost to each Bondholder for its Bond or Bonds then Outstanding upon surrender of such Outstanding BondsOwners.