Common use of Issuer Action Clause in Contracts

Issuer Action. An Issuer Order authorizing and directing the execution, authentication and delivery of the Bonds, specifying the principal amount of Bonds to be so executed, authenticated and delivered, and including directing an Authorized Representative of the Issuer to execute and deliver, and directing the Trustee to authenticate, global Bonds, each to be registered in the name of Cede & Co., as nominee of The Depository Trust Company ("DTC"), and to confirm its custody of the Bonds to DTC in New York, New York so that the Bonds may be credited to or upon the order of the Underwriters named in said Issuer Order for the purchase price specified therein and directing the application of the proceeds thereof.

Issuer Action. An Issuer Order authorizing and directing the execution, ------------- authentication and delivery of the Bonds, specifying the principal amount of Bonds to be so executed, authenticated and delivered, and including directing an Authorized Representative of the Issuer to execute and deliver, and directing the Trustee to authenticate, global Bonds, each to be registered in the name of Cede & Co., as nominee of The Depository Trust Company ("DTC"), and to confirm its custody of the Bonds to DTC in New York, New York so that the Bonds may be credited to or upon the order of the Underwriters named in said Issuer Order for the purchase price specified therein and directing the application of the proceeds thereof.