Negotiability, Transfer and Registry. All the Bonds issued under this Trust Agreement shall be negotiable, subject to the provisions for registration and transfer contained in this Trust Agreement or the applicable Supplemental Trust Agreement and in the Bonds. So long as any of the Bonds shall remain Outstanding, the Trust shall maintain and keep, at the designated corporate trust office of the Master Trustee, who shall be registrar for the Bonds, books for the registration and transfer of the Bonds; and upon presentation thereof for such purpose at said office, the Trust shall register or cause to be registered therein, and permit to be transferred thereon, under such reasonable regulations as it or the Master Trustee may prescribe, any Bond entitled to registration or transfer. In the applicable Supplemental Trust Agreement, the Trust may appoint one or more of the Paying Agents for a Series of Bonds as an alternate registrar or as co registrar for such Series under such terms and conditions as may be provided therein and in the applicable Supplemental Trust Agreement.
Negotiability, Transfer and Registry. (a) The Bonds may be transferred and title thereto shall pass, only in the manner provided and as set forth in paragraph (c) below. The Issuer hereby designates the Trustee as initial Bond Registrar to keep the books for the registration and for the transfer of Bonds as provided in this Indenture. All Bonds presented for transfer, exchange, redemption or payment, shall be accompanied by a written instrument or instruments of transfer or authorization for exchange, in form and with guaranty of signature satisfactory to the Trustee, duly executed by the Registered Owner or by his attorney duly authorized in writing. No charge shall be made to the Registered Owner for the transfer and registration of the Bonds except for a sum sufficient to pay any tax, fee or governmental charge that may be imposed with respect thereto.
(b) The Issuer, the Trustee, the Bond Registrar and any Paying Agent may deem and treat the Registered Owner of any registered Bond as the absolute owner of such Bond for the purpose of receiving any payment on such Bond and for all other purposes of this Indenture and the Loan Agreement, whether payment of such Bond shall be current or not, and neither the Issuer, nor the Trustee, nor the Bond Registrar nor any Paying Agent shall be affected by any notice to the contrary. Payment of, or on account of, the principal of and interest and premium, if any, on any registered Bond shall be made to such Registered Owner or upon his written order. All such payments shall be valid and effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid.
(c) The Bonds shall be initially registered in the name of the Purchaser as to principal and interest on the books kept by the Bond Registrar. Following the Term Note Date, upon surrender for transfer of any Bond at the office of the Bond Registrar, the Issuer shall execute and the Trustee shall authenticate and deliver in the name of the transferee or transferees, one or more new fully registered Bonds of the same Series for the aggregate principal amount which the Registered Owner is entitled to receive.
(d) The Registered Owner of the Series 2004 Bonds will pledge the Series 2004 Bonds to the Senior Notes Trustee to secure payments of the Senior Notes and such security interest shall be noted on the face of the Series 2004 Bonds. At the option of the Registered Owners, Bonds of any Series may be exchanged for other Bonds of such Series of any authorized denominati...
Negotiability, Transfer and Registry. Each Bond shall be transferable only upon the books of the Trustee which shall be kept for that purpose at the corporate trust office of the Trustee, by the Bondowner in person or by such Bondowner’s attorney duly authorized in writing, upon surrender thereof together with a written instrument of transfer satisfactory to the Trustee duly executed by the Bondowner or such Bondowner’s duly authorized attorney. Upon the transfer of any such Bond the Trustee shall deliver in the name of the transferee a new Bond or Bonds of the same aggregate principal amount and maturity and interest rate as the surrendered Bond. The Trustee may deem and treat the person in whose name any Bond shall be registered upon the books of the Trustee as the absolute owner of such Bond, whether such Bond shall be overdue or not, for the purpose of receiving payment of, or on account of, the principal, if any, of and interest with respect to such Bond and for all other purposes; and all such payments so made to any such Bondowner or upon such Bondowner’s order shall be valid and effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid; and the Trustee shall not be affected by any notice to the contrary.
Negotiability, Transfer and Registry. Except as provided in any Supplemental Indenture, all the Bonds issued under this Indenture shall be negotiable, subject to the provisions for registration, transfer and exchange contained in this Indenture and in the Bonds. So long as any of the Bonds remain Outstanding, the Authority shall maintain and keep, at the designated corporate trust office of the Registrar, which may be one or more banks or trust companies or national banking associations appointed by the Authority, books for the registration, transfer and exchange of Bonds. Upon presentation thereof for such purpose at said office, the Authority shall register or cause to be registered in such books, and permit to be transferred thereon, any Bonds pursuant to such reasonable regulations as it or the Registrar may prescribe. So long as any of the Bonds remain Outstanding, the Authority shall make all necessary provisions to permit the exchange of Bonds at the designated corporate trust office of the Registrar.
Negotiability, Transfer and Registry. Except as provided in any Supplemental Indenture, all the Notes issued under this Indenture shall be negotiable, subject to the provisions for registration, transfer and exchange contained in this Indenture and in the Notes. So long as any of the Notes remain Outstanding, the Corporation shall maintain and keep, at the principal corporate trust office of the Registrar, books for the registration, transfer and exchange of the Notes. Upon presentation thereof for such purpose at said office, the Registrar shall register or cause to be registered in such books, and permit to be transferred thereon, any Notes pursuant to such reasonable regulations as may be set forth in a Supplemental Indenture. So long as any of the Notes remain Outstanding, the Corporation shall make all necessary provisions to permit the exchange of Notes at the principal corporate trust office of the Registrar. Each Note shall be transferable only upon the books of the Corporation, which shall be kept for such purpose at the principal corporate trust office of the Registrar, by the Registered Owner thereof in person or by his attorney duly authorized in writing, upon surrender thereof, together with a written instrument of transfer satisfactory to the Registrar duly executed by the Registered Owner or his duly authorized attorney. Upon the transfer of any such Note, the Corporation shall issue in the name of the transferee a new Note or Notes, of the same aggregate principal amount, Series, interest rate and maturity as the surrendered Note.
Negotiability, Transfer and Registry. All the Certificates issued pursuant to this Trust Agreement shall be negotiable as provided by law subject to the provisions for registration and transfer contained in this Article and in the Certificates.
Negotiability, Transfer and Registry. All the Bonds issued under this Indenture shall be negotiable subject to the provisions for registration, transfer and exchange contained in this Indenture and in the Bonds. So long as any of the Bonds shall remain Outstanding, the Agency shall maintain and keep, at the corporate trust office of the Trustee, books for the registration, transfer and exchange of Bonds. Upon presentation thereof for such purpose at said office, the Agency shall register or cause to be registered in such books, and permit to be transferred thereon, under such reasonable regulations as it or the Trustee may prescribe, any Bonds entitled to registration or transfer. So long as any of the Bonds remain Outstanding, the Agency shall make all necessary provisions to permit the exchange of Bonds at the corporate trust office of the Trustee.
Negotiability, Transfer and Registry. All of the Assessment Bonds shall be negotiable, subject to the provisions for registration and transfer contained in this Trust Agreement and in the Assessment Bonds. So long as any of the Assessment Bonds shall remain Outstanding, the Authority shall maintain and keep, at the principal corporate trust office of the Trustee, books for the registration and transfer of Assessment Bonds; and, upon presentation thereof for such purpose at said office, the Authority shall register or cause to be registered therein, and permit to be transferred thereon, under such reasonable regulations as it or the Trustee may prescribe, any Assessment Bond. So long as any of the Assessment Bonds remain Outstanding, the Authority shall make all necessary provision to permit the exchange of Assessment Bonds at the principal office of the Trustee.
Negotiability, Transfer and Registry. All the Bonds issued under this Trust Agreement shall be negotiable, subject to the provisions for registration and transfer contained in this Trust Agreement and in the Bonds. So long as any of the Bonds shall remain Outstanding, the State shall maintain and keep, at the office of the Paying Agent for each Series of Bonds, who shall be registrar for the related Series of Bonds, books for the registration and transfer of each Series of Bonds; and upon presentation thereof for such purpose at said office, the State shall register or cause to be registered therein, and permit to be transferred thereon, under such reasonable regulations as it or the Paying Agent may prescribe, any Bond entitled to registration or transfer.
Negotiability, Transfer and Registry. All the Sales Tax Bonds shall be negotiable, subject to the provisions for registration and transfer contained in this Trust Agreement and in the Sales Tax Bonds. So long as any of the Sales Tax Bonds shall remain Outstanding, the Authority shall maintain and keep, at the principal corporate trust office of the Trustee, books for the registration and transfer of Sales Tax Bonds; and, upon presentation thereof for such purpose at said office, the Authority shall register or cause to be registered therein, and permit to be transferred thereon, under such reasonable regulations as it or the Trustee may prescribe, any Sales Tax Bond. So long as any of the Sales Tax Bonds remain Outstanding, the Authority shall make all necessary provision to permit the exchange of Sales Tax Bonds at the principal office of the Trustee.
