No Presentation of Bonds. Notwithstanding any provisions of the Mortgage to the contrary, no holder of Bonds shall be required to present or surrender such Bonds to the Company, the Trustee or any other Person prior to, or as a condition of, receiving any payment in respect thereof. Each Purchaser agrees that it will deliver to the Company all Bonds registered in such Purchaser’s name, at the time of final payment in full of all amounts due in respect thereof, within a reasonable period after such final payment.
Appears in 3 contracts
Samples: efis.psc.mo.gov, efis.psc.mo.gov, Bond Purchase Agreement (Empire District Electric Co)
No Presentation of Bonds. Notwithstanding any provisions of the Mortgage Indenture to the contrary, no holder of Bonds shall be required to present or surrender such Bonds to the Company, the Trustee or any other Person prior to, or as a condition of, receiving any payment in respect thereof. Each Purchaser agrees You agree that it you will deliver to the Company all Bonds registered in such Purchaser’s your name, at the time of final payment in full of all amounts due in respect thereof, within a reasonable period after such final payment.
Appears in 3 contracts
Samples: Purchase Agreement, Bond Purchase Agreement (Yankee Energy System Inc), Bond Purchase Agreement (Yankee Energy System Inc)
No Presentation of Bonds. Notwithstanding any provisions of the Mortgage Indenture to the contrary, no holder of Bonds shall be required to present or surrender such Bonds to the Company, the Trustee or any other Person prior to, or as a condition of, of receiving any payment in respect thereof. Each Purchaser agrees You agree that it you will deliver to the Company all Bonds registered in such Purchaser’s your name, at the time of final payment in full of all amounts due in respect thereof, within a reasonable period after such final payment.
Appears in 1 contract
Samples: Bond Purchase Agreement (Northeast Utilities System)
