Common use of Notation on or Exchange of Bonds Clause in Contracts

Notation on or Exchange of Bonds. If an amendment, supplement or waiver changes the terms of a Bond, the Company may request the Trustee to require the Holder of the Bond to deliver the Bond to the Trustee. The Trustee may place an appropriate notation on the Bond about the changed terms and return it to the Holder. Alternatively, if the Company or the Trustee so determines, the Company in exchange for the Bond shall issue and the Trustee shall authenticate a new Bond that reflects the changed terms.

Notation on or Exchange of Bonds. If an amendment, amendment or supplement or waiver changes the terms of a Bond, the Company Trustee may request the Trustee to require the Holder of the Bond holder to deliver the Bond it to the Trustee. The Trustee may place an appropriate notation on the Bond about regarding the changed terms and return it to the Holderholder. Alternatively, if the Company or the Trustee so determinesTrustee, the Issuer and the Company determine, the Issuer in exchange for the Bond shall issue and the Trustee shall authenticate a new Bond that reflects the changed terms. In either event, the cost of placing such notation on the Bond(s) shall be borne by the Company.

Notation on or Exchange of Bonds. If an amendment, amendment or supplement or waiver changes the terms of a Bond, the Company Trustee may request the Trustee to require the Holder of the Bond Owner to deliver the such Bond to the Trustee. The Trustee may place an appropriate notation on the such Bond about the changed terms and return it to the HolderOwner. Alternatively, if the Company or the Trustee so determinesTrustee, the City and the Company so determine, the City, in exchange for the Bond such Bond, shall issue execute and the Trustee shall authenticate and deliver a new Bond that reflects the changed terms.

Notation on or Exchange of Bonds. If an amendment, amendment or supplement or waiver changes the terms of a Bond, the Company Trustee may request the Trustee to require the Holder of the Bond Owner to deliver the such Bond to the Trustee. The Trustee may place an appropriate notation on the such Bond about the changed terms and return it to the HolderOwner. Alternatively, if the Company or the Trustee so determinesTrustee, the Issuer and the Company so determine, the Issuer, in exchange for the Bond such Bond, shall issue execute and the Trustee shall authenticate and deliver a new Bond that reflects the changed terms. Section 10.05.