Common use of Exchange of Bonds Clause in Contracts

Exchange of Bonds. Bonds may be exchanged at the Corporate Trust Office of the Trustee for a like aggregate principal amount of fully registered Bonds of other authorized denominations of the same maturity and interest rate. The Trustee shall require the payment by the Bondowner requesting such exchange of any tax or other governmental charge required to be paid with respect to such exchange. No such exchange shall be required during the period after the Record Date through and including the next succeeding Interest Payment Date or during the period designated for selection of Bonds for redemption, or of any Bond so selected for redemption.

Appears in 1 contract

Samples: Trust Agreement

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Exchange of Bonds. Bonds may be exchanged at the Corporate Trust Office of the Trustee for a like aggregate principal amount of fully registered Bonds of other authorized denominations of the same Series, tenor, maturity and interest rate; provided that, unless otherwise provided in any Supplemental Trust Agreement, no exchange may occur during the period established by the Trustee for selection of Bonds for redemption, or of any Bond or portion of a Bond so selected for redemption. The Trustee shall require the payment by the Bondowner Bondholder requesting such exchange of to pay any tax or other governmental charge required to be paid with respect to such exchange. No such exchange shall be required during the period after the Record Date through and including the next succeeding Interest Payment Date or during the period designated for selection of Bonds for redemption, or of any Bond so selected for redemption.

Appears in 1 contract

Samples: Trust Agreement

Exchange of Bonds. Bonds may be exchanged at the Corporate Trust Office of the Trustee for a like aggregate principal amount of fully registered Bonds of other authorized denominations Authorized Denominations of the same maturity series and interest ratematurity. The Trustee shall require the payment by the Bondowner Bondholder requesting such exchange of to pay any tax or other governmental charge required to be paid with respect to such exchange. No The costs of printing bonds and any services rendered or expenses incurred by the Authority or the Trustee in connection with such exchange shall be required during paid by the period after the Record Date through and including the next succeeding Interest Payment Date or during the period designated for selection of Bonds for redemption, or of any Bond so selected for redemptionBorrower.

Appears in 1 contract

Samples: Indenture (New Jersey Resources Corp)

Exchange of Bonds. Bonds may be exchanged at the Principal Corporate Trust Office of the Trustee for a like aggregate principal amount of fully registered the Bonds of other authorized denominations of the same maturity and interest rateof other authorized denominations. The Trustee shall require the payment by the Bondowner Holder requesting such exchange of any tax or other governmental charge required to be paid with respect to such exchange, and there shall be no other charge to any Holder for any such exchange. No such exchange of Bonds shall be required to be made during the period after established by the Record Date through and including the next succeeding Interest Payment Date or during the period designated Trustee for selection of Bonds for redemption, or of any redemption and after a Bond so has been selected for redemption.

Appears in 1 contract

Samples: Indenture

Exchange of Bonds. Bonds may be exchanged at the Principal Corporate Trust Office of the Trustee Trustee, for a like aggregate principal amount of fully registered Bonds of other authorized denominations of the same maturity series and interest ratematurity. The Trustee shall may charge a sum for each new Bond authenticated and delivered upon any exchange except in the case of any exchange of temporary Bonds for definitive Bonds. The Trustee may require the payment by the Bondowner Owner requesting such exchange of any tax or other governmental charge required to be paid with respect to such exchange. No such exchange shall be required during the period after the Record Date through and including the next succeeding Interest Payment Date or during the period designated for selection of Bonds for redemption, or of any Bond so selected for redemption.with

Appears in 1 contract

Samples: Indenture

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Exchange of Bonds. Bonds may be exchanged at the Principal Corporate Trust Office of the Bond Trustee for a like aggregate principal amount of fully registered the Bonds of other authorized denominations of the same maturity and interest rateof other authorized denominations. The Bond Trustee shall require the payment by the Bondowner Holder requesting such exchange of any tax or other governmental charge required to be paid with respect to such exchange, and there shall be no other charge to any Holder for any such exchange. No such exchange of Bonds shall be required to be made during the period after established by the Record Date through and including the next succeeding Interest Payment Date or during the period designated Bond Trustee for selection of Bonds for redemption, or of any redemption and after a Bond so has been selected for redemption.

Appears in 1 contract

Samples: Indenture

Exchange of Bonds. Bonds may be exchanged at the Corporate Trust Office of the Trustee Trustee, for a like aggregate principal amount of fully registered Bonds of other authorized denominations of the same maturity and interest ratematurity. The Trustee shall require the payment by the Bondowner Owner requesting such exchange of to pay any tax or other governmental charge required to be paid with respect to such exchange. No such Bond, the notice of redemption of which has been mailed pursuant to Section 4.03, shall be subject to exchange pursuant to this Section 2.06. No exchange of Bonds shall be required during the period after established by the Record Date through and including Trustee for the next succeeding Interest Payment Date or during the period designated for selection of Bonds for redemption, or of any Bond so selected for redemption.

Appears in 1 contract

Samples: Indenture of Trust

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