Mandatory Tenders. The holder of each Bond shall be required to tender such Bond to the Trustee or Tender Agent for purchase on the following dates (each such date being referred to in the Indenture as a “Mandatory Tender Date”):
Mandatory Tenders. (a) Holders of Bonds shall be required to tender their Bonds to the Trustee on any Mandatory Tender Date. Any Bond required to be tendered on a Mandatory Tender Date that is not tendered as of such date shall be deemed to have been tendered to the Trustee on such date and shall thereafter cease to bear interest and no longer be considered to be Outstanding hereunder subject to the right of the Holders of such Bonds to receive the Purchase Price of such Bonds and interest accrued thereon to the Bond Purchase Date.
Mandatory Tenders. Any Bonds to be converted to bear interequal to the principal amount thereof, plus accrued interest, except Bonds which have been retained as described herein. The Bonds are also subject to mandatory tender for purchase at a purchase price equal to the principal amount thereof plus any accrued interest on the Interest Payment Date immediately preceding the Expiration Date of the Letter of Credit or the effective date of any substitution of an Alternate Credit Facility. Notwithstanding the foregoing, the holders of any such Bonds may elect to retain their Bonds by delivering a written notice of such election to the Paying Agent at its principal corporate trust office not later than 1:00 p.m., San Francisco time, on the date of determination of the Fixed Rate for the Bonds in the case of tenders on a Conversion Date or on a Business Day which is not less than seven (7) days prior to the purchase date (in the case of a tender by reason of the Expiration Date or the substitution of an Alternate Credit Facility). Such written notice shall (i) state that the person delivering the same is a Bondholder (specifying the numbers and denominations of the Bonds of such holder), (ii) state that the Bondholder is aware of the fact that, after the Conversion Date, the Bonds will no longer be subject to tender at the option of the holder, (iii) state, in the case of a substitution of an Alternate Credit Facility, that the Bondholder is aware of the fact that on and after the date of the substitution, the rating or ratings, if any, assigned to the Bonds may be lowered or withdrawn, (iv) state, in the case of the Conversion Date, that the Bondholder is aware that after the Conversion Date the Bonds will not be entitled to the benefits of a Letter of Credit and that after the Conversion Date the ratings, if any, on the Bonds may be lowered or withdrawn, and (v) direct the Paying Agent not to purchase the Bonds of such holder. Any notice delivered to the Paying Agent pursuant to this subsection shall be irrevocable and binding upon the holder delivering the same and all subsequent holders of the Bonds to be retained, including any Bonds issued in exchange therefor or upon transfer thereof.
Mandatory Tenders. All 2010 Bonds of a Series shall be subject to mandatory tender at a purchase price equal to the principal amount thereof, plus accrued interest, on the following Mandatory Tender Dates and under the circumstances as follows:
Mandatory Tenders. (a) The Holder of each Bond shall be required to tender such Bond to the Tender Agent for purchase on (i) each Proposed Conversion Date, (ii) each date immediately following the expiration of a Yearly Fixed Rate Period that is not a Proposed Conversion Date, (iii) the first day of the calendar month in which the Stated Termination Date of the Letter of Credit occurs, and (iv) the date specified by the Bank pursuant to Section 601(g) hereof by reason of a default under the Credit Agreement; or, if any of such dates is not a Business Day, the next succeeding Business Day (each such date, a "Mandatory Tender Date"), all as more fully provided in this Section.
Mandatory Tenders. (a) The Holder of each Bond shall be required to tender such Bond to the Tender Agent for purchase on (i) each Proposed Conversion Date, (ii) each date immediately following the expiration of a Yearly Fixed Rate Period that is not a Proposed Conversion Date, (iii) each proposed Letter of Credit Substitution Date, (iv) the first day of the calendar month in which the Stated Termination Date of the Letter of Credit occurs, and (v) the date specified by the Bank pursuant to Section 6011g) hereof by reason of a default under the Tax-Exempt Credit Agreement; or, if any of such dates is not a Business Day, the next succeeding Business Day (each such date, a “Mandatory Tender Date”), all as more fully provided in this Section.
Mandatory Tenders. (a) Subject to the provisions of subsection (c) of this Section, the Holder of each Bond shall be required to tender such Bond to the Tender Agent for purchase on (i) each Proposed Conversion Date, and (ii) the first day of the calendar month in which the Stated Expiration Date of the Letter of Credit occurs; or, if any of such dates is not a Business Day, the next succeeding Business Day (each such date, a "Mandatory Tender Date"), all as more fully provided in this Section.
Mandatory Tenders. 21 Section 2.05. Form of Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Section 2.06. Execution and Authentication of Bonds; Limited Obligations . . . . . . . . . . . . . . . . 23 Section 2.07. Registration and Exchange of Bonds; Persons Treated as Owners . . . . . . . . . . . . . . . 24 Section 2.08. Mutilated, Lost, Stolen or Destroyed Bonds . . . . . . . . . . . . . . . . . . . . . . . . 24 Section 2.09.
Mandatory Tenders. The Bonds are subject to mandatory tender in whole (except as provided in (b) below) by the Bondholders to the Tender Agent at its Principal Office on each date described below:
Mandatory Tenders. This Bond is subject to mandatory tender for purchase by or on behalf of the Company on the effective date of (i) a conversion from one Rate Period to a different Rate Period (except for changes between a Daily Rate Period and a Weekly Rate Period) or from a Term Rate Period to a Term Rate Period of a different duration and (ii) a change from one Taxable or Flexible Rate Period to another Taxable or Flexible Rate Period; provided that payment of principal or redemption price shall only be made upon presentation and surrender at the principal corporate trust office of the Paying Agent. Interest on any Bond which is not tendered on the mandatory tender date but for which there has been deposited with the Paying Agent an amount sufficient to pay the purchase price thereof shall cease to accrue on the mandatory tender date and such Bond shall be deemed purchased on the date fixed for purchase thereof and the registered owner of such Bond shall not be entitled to any payment other than the purchase price and such Bond shall no longer be outstanding and entitled to the benefits of the Indenture except for the payment of the purchase price of such Bond from monies held by the Paying Agent for such payment. On the mandatory tender date the Paying Agent shall authenticate and deliver substitute Bonds in lieu of such untendered Bonds.
