Common use of Exclusion of Bonds Clause in Contracts

Exclusion of Bonds. Bonds owned or held by or for the account of the Issuer shall not be deemed Outstanding for the purpose of consent or other action nor any calculation of the Principal Amount of Outstanding Bonds provided for in this Article, and the Issuer shall not be entitled with respect to such Bonds to give any consent or take any other action provided for taken under this Article. The Issuer shall furnish the Trustee a certificate of an Authorized Officer of the Issuer, upon which the Trustee may rely, describing all Bonds so to be excluded.

Exclusion of Bonds. Bonds owned or held by or for the account of the Issuer shall not be deemed Outstanding for the purpose of consent or other action nor any calculation of the Principal Amount of Outstanding Bonds provided for in this Article, and the Issuer shall not be entitled with respect to such Bonds to give any consent or take any other action provided for taken under this Article. The Issuer shall furnish the Trustee a certificate of an Authorized Officer of the IssuerOfficer, upon which the Trustee may rely, describing all Bonds so to be excluded.

Exclusion of Bonds. Bonds owned or held by or for the account of the Issuer or the Borrower shall not be deemed Outstanding for the purpose of consent or other action nor or any calculation of the Principal Amount of Outstanding Bonds provided for in this ArticlePledge Agreement, and the Issuer and the Borrower shall not be entitled with respect to such Bonds to give any consent or take any other action provided for taken under this Article. The Issuer shall furnish the Trustee a certificate of an Authorized Officer herein, unless all of the Issuer, upon which the Trustee may rely, describing all Outstanding Bonds so to be excludedare then owned by such Person.

Exclusion of Bonds. Bonds owned or held by or for the account of the Issuer or the Borrower shall not be deemed Outstanding for the purpose of consent or other action nor or any calculation of the Principal Amount of Outstanding Bonds provided for in this ArticleIndenture, and the Issuer and the Borrower shall not be entitled with respect to such Bonds to give any consent or take any other action provided for taken under this Article. The Issuer shall furnish the Trustee a certificate of an Authorized Officer herein, unless all of the Issuer, upon which the Trustee may rely, describing all Outstanding Bonds so to be excludedare then owned by such Person.