Common use of No Transfer of the Bonds Clause in Contracts

No Transfer of the Bonds. The Agent shall not sell, assign or otherwise transfer any Bonds delivered to it under this Agreement except to a successor administrative agent under the Credit Agreement. The Company may take such actions as it shall deem necessary, desirable or appropriate to effect compliance with such restrictions on transfer, including the issuance of stop-transfer instructions to the trustee under the Indenture or any other transfer agent thereunder.

Appears in 7 contracts

Samples: Revolving Credit Agreement (Consumers Energy Co), Credit Agreement (CMS Energy Corp), Credit Agreement (CMS Energy Corp)

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No Transfer of the Bonds. The Agent shall not sell, assign or otherwise transfer any Bonds delivered to it under this Agreement except to a successor administrative agent under the Credit Loan Agreement. The Company may take such actions as it shall deem necessary, desirable or appropriate to effect compliance with such restrictions on transfer, including the issuance of stop-transfer instructions to the trustee under the Indenture or any other transfer agent thereunder.

Appears in 4 contracts

Samples: Term Loan Agreement (Panhandle Eastern Pipe Line Co), Term Loan Agreement (Consumers Energy Co), Term Loan Agreement (Consumers Energy Co)

No Transfer of the Bonds. The Agent shall not sell, assign or otherwise transfer any Bonds delivered to it under this Agreement except to a successor administrative agent under the Credit Agreement. The Company may take such actions as it shall deem necessary, desirable or appropriate to effect compliance with such restrictions on transfer, including the issuance of stop-transfer instructions to the trustee under the Indenture Mortgage or any other transfer agent thereunder.

Appears in 4 contracts

Samples: Bond Delivery Agreement (Avista Corp), Delivery Agreement (Avista Corp), Delivery Agreement (Avista Corp)

No Transfer of the Bonds. The Administrative Agent shall not sell, assign or otherwise transfer any Bonds delivered to it under this Agreement except to a successor administrative agent Administrative Agent under the Credit AgreementAgreement or the Company. The Company may take such actions as it shall deem necessary, desirable or appropriate to effect compliance with such restrictions on transfer, including the issuance of stop-transfer instructions to the trustee under the Indenture Trustee or any other transfer agent thereunderor security registrar under the Indenture.

Appears in 4 contracts

Samples: Credit Agreement (Texas New Mexico Power Co), Credit Agreement (Texas New Mexico Power Co), Term Loan Credit Agreement (PNM Resources Inc)

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No Transfer of the Bonds. The Agent shall not sell, assign or otherwise transfer any Bonds delivered to it under this Agreement except to a successor administrative agent under the Credit Loan Agreement. The Company may take such actions as it shall deem necessary, desirable or appropriate to effect compliance with such restrictions on transfer, including the issuance of stop-transfer instructions to the trustee under the Indenture Mortgage or any other transfer agent thereunder.

Appears in 1 contract

Samples: Delivery Agreement (Avista Corp)

No Transfer of the Bonds. The Agent shall not sell, assign or otherwise transfer any Bonds delivered to it under this Agreement except to a successor administrative collateral agent under the Credit Agreement. The Company may take such actions as it shall deem necessary, desirable or appropriate to effect compliance with such restrictions on transfer, including the issuance of stop-transfer instructions to the trustee under the Indenture Mortgage or any other transfer agent thereunder.

Appears in 1 contract

Samples: Definitive Agreement (Avista Corp)

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