Common use of Indenture Constitutes Contract Clause in Contracts

Indenture Constitutes Contract. In consideration of the purchase and acceptance of the Bonds issued hereunder by those who shall hold them from time to time, the provisions of this Indenture shall be part of the contract of the Issuer with the Holders of the Bonds and shall be deemed to be a contract between the Issuer and the Holders of the Bonds from time to time.

Indenture Constitutes Contract. In consideration of the purchase and acceptance of the Bonds issued hereunder by those who shall hold them from time to timethe Owners, the provisions of this Indenture shall will be a part of the contract of the Issuer Authority with the Holders Owners of the Bonds and shall be deemed to be will constitute a contract between among the Issuer Authority, the Trustee and the Holders of the Bonds Owners from time to timetime of the Bonds.