Common use of Interchangeability of Bonds Clause in Contracts

Interchangeability of Bonds. Xxxxx, upon surrender thereof at the principal corporate trust office of the Trustee with a written instrument of transfer satisfactory to the Trustee, duly executed by the Holder or his duly authorized attorney, may, at the option of the Holder and upon payment by such Holder of any charges made pursuant to Section 3.15 hereof, be exchanged for an equal aggregate principal amount of Bonds of any other authorized denominations of the same series and maturity.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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Interchangeability of Bonds. XxxxxBonds, upon surrender thereof at the principal designated corporate trust office of the Trustee with a written instrument of transfer satisfactory to the Trustee, duly executed by the Holder registered owner or his attorney duly authorized attorneyin writing, may, at the option of the Holder and upon payment by such Holder of any charges made pursuant to Section 3.15 hereofregistered owner thereof, be exchanged for an equal aggregate principal amount of Bonds of the same Series, maturity and tenor of any other authorized denominations of the same series and maturitydenominations.

Appears in 2 contracts

Samples: Master Trust Indenture, Master Trust Indenture

Interchangeability of Bonds. XxxxxBonds, upon surrender thereof at the principal designated corporate trust office of the Trustee with a written instrument of transfer satisfactory to the Trustee, duly executed by the Holder or his duly authorized attorney, may, at the option of the Holder and upon payment by such Holder of any charges made pursuant to Section 3.15 hereof, ; be exchanged for an equal aggregate principal amount of Bonds of any other authorized denominations of the same series and maturitymaturity in any other authorized denomination.

Appears in 1 contract

Samples: Trust Agreement

Interchangeability of Bonds. XxxxxBonds, upon surrender thereof at the principal corporate trust office of the Trustee with a written instrument of transfer satisfactory to the Trustee, duly executed by the Holder registered owner or his such owner’s duly authorized attorney, may, may at the option of the Holder registered owner thereof, and upon payment by such Holder registered owner of any charges made pursuant to which the Trustee may make as provided in Section 3.15 hereof3.6, be exchanged for an equal aggregate principal amount of fully registered Bonds of any other authorized denominations of the same series tenor, maturity and maturity.Series, of any of the authorized denominations.‌

Appears in 1 contract

Samples: Indenture

Interchangeability of Bonds. XxxxxBonds, upon surrender thereof at the principal corporate trust office Corporate Trust Office of the Trustee with a written instrument of transfer satisfactory to the Trustee, duly executed by the Holder registered owner or his attorney duly authorized attorneyin writing, may, at the option of the Holder and upon payment by such Holder of any charges made pursuant to Section 3.15 hereofregistered owner thereof, be exchanged for an equal aggregate principal amount of Bonds of the same Series, maturity and tenor of any other authorized denominations of the same series and maturitydenominations.

Appears in 1 contract

Samples: Master Trust Indenture

Interchangeability of Bonds. XxxxxBonds, upon surrender thereof at the principal designated corporate trust office of the Trustee with a written instrument of transfer satisfactory to the Trustee, duly executed by the Holder registered owner or his attorney duly authorized attorneyin writing, may, at the option of the Holder and upon payment by such Holder of any charges made pursuant to Section 3.15 hereofregistered owner thereof, be exchanged for an equal aggregate principal amount of Bonds of the same Series, maturity and tenor of any other authorized denominations of the same series and maturity.denominations. DRAFT

Appears in 1 contract

Samples: Master Trust Indenture

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Interchangeability of Bonds. XxxxxBonds, upon surrender thereof at the principal corporate trust office of the Trustee with a written instrument of transfer satisfactory to the Trustee, duly executed by the Holder registered owner or his attorney duly authorized attorneyin writing, may, at the option of the Holder and upon payment by such Holder of any charges made pursuant to Section 3.15 hereofregistered owner thereof, be exchanged for an equal aggregate principal amount of Bonds of the same Series, maturity and tenor of any other authorized denominations of the same series and maturitydenominations.

Appears in 1 contract

Samples: Trust Indenture

Interchangeability of Bonds. Xxxxx, upon surrender thereof at the principal corporate trust office of the Trustee with a written instrument of transfer satisfactory to the Trustee, duly executed by the Holder registered owner or his attorney duly authorized attorneyin writing, may, at the option of the Holder and upon payment by such Holder of any charges made pursuant to Section 3.15 hereofregistered owner thereof, be exchanged for an equal aggregate principal amount of Bonds of the same Series, maturity and tenor of any other authorized denominations of the same series and maturitydenominations.

Appears in 1 contract

Samples: Trust Indenture

Interchangeability of Bonds. XxxxxBonds, upon surrender thereof at the principal corporate trust office of the Trustee with a written instrument of transfer satisfactory to the Trustee, duly executed by the Holder or his duly authorized attorney, may, at the option of the Holder and upon payment by such Holder of any charges made pursuant to Section 3.15 hereof, be exchanged for an equal aggregate principal amount of Bonds of any other authorized denominations of the same series and maturity.

Appears in 1 contract

Samples: Trust Agreement

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