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 Bonds of other Authorized Denominations. The Trustee shall require the Bondholder requesting such exchange to pay any tax or other governmental charge required to be paid with respect to such exchange. The cost of printing Bonds and any services rendered or expenses incurred by the Authority or the Trustee in connection with any such exchange shall be paid by the Borrower.

Exchange of Bonds. Bonds may be exchanged at the Corporate Trust Office of the Trustee for a like aggregate principal amount of Bonds of other Authorized Denominationsauthorized denominations of the same series, Principal Payment Date and interest rate. The Trustee shall require the Bondholder requesting such exchange to pay collect any tax or other governmental charge required on the exchange of any Bonds pursuant to be paid with respect to such exchangethis Section 2.08. The cost of printing Bonds and any services rendered or expenses incurred by the Authority or the Trustee in connection with any such exchange shall be paid by the BorrowerAgency.

Exchange of Bonds. Bonds may be exchanged at the Corporate Trust Office of the Trustee for a like aggregate principal amount of Bonds of the same series and payment date of other Authorized Denominationsauthorized denominations. The Trustee shall require the Bondholder payment by the Owner requesting such exchange to pay of any tax or other governmental charge required to be paid with respect to such exchange. The cost exchange as a condition precedent to the exercise of printing Bonds and any services rendered or expenses incurred by the Authority or the Trustee in connection with any such exchange shall be paid by the Borrowerprivilege.