Common use of Execution of Bonds Clause in Contracts

Execution of Bonds. The Bonds shall be executed on behalf of the Issuer by one of its Authorized Representatives. The signature of any such officers on the Bonds may be manual or facsimile. Bonds bearing the manual or facsimile signatures of individuals who were, at the time such signatures were affixed, the proper officers of the Issuer shall bind the Issuer, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Bonds or did not hold such offices at the date of such Bonds.

Appears in 2 contracts

Samples: Guarantee Agreement (Somerset Power LLC), Indenture (NRG Energy Inc)

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Execution of Bonds. The Bonds shall be executed on ------------------ behalf of the Issuer by one of its an Authorized RepresentativesRepresentative. The signature of any such officers Authorized Representative on the Bonds may be manual or facsimile. Bonds bearing the manual or facsimile signatures of individuals who were, at the time such signatures were affixed, the proper officers of the Issuer shall bind the Issuer, Issuer notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Bonds or did not hold such offices at the date of such Bonds.

Appears in 1 contract

Samples: Power Sales Agreement (Dominion Resources Inc /Va/)

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Execution of Bonds. The Bonds shall be executed on behalf of the Issuer by one of its Authorized Representatives. The signature of any such officers officer on the Bonds may be manual or facsimile. Bonds bearing the manual or facsimile signatures of individuals any individual who werewas, at the time such signatures were signature was affixed, the proper officers officer of the Issuer shall bind the Issuer, notwithstanding that such individuals or any of them have individual has ceased to hold such offices office prior to the authentication and delivery of such Bonds or did not hold such offices at the date of such Bonds.

Appears in 1 contract

Samples: Northeast Generation Co

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