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

Notation on or Exchange of Bonds. If an amendment or supplement changes the terms of a Bond, the Trustee may require the holder to deliver it to the Trustee. The Trustee may place an appropriate notation on the Bond regarding the changed terms and return it to the holder. Alternatively, if the Trustee, 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 or supplement changes the terms of a Bond, the Trustee may require the holder Owner to deliver it such Bond to the Trustee. The Trustee may place an appropriate notation on the such Bond regarding about the changed terms and return it to the holderOwner. Alternatively, if the Trustee, the Issuer City and the Company so determine, the Issuer 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. 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, supplement or supplement waiver changes the terms of a Bond, the Company may request the Trustee may to require the holder Holder of the Bond to deliver it the Bond to the Trustee. The Trustee may place an appropriate notation on the Bond regarding about the changed terms and return it to the holderHolder. Alternatively, if the TrusteeCompany or the Trustee so determines, 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 or supplement changes the terms of a Bond, the Trustee may require the holder Owner to deliver it such Bond to the Trustee. The Trustee may place an appropriate notation on the such Bond regarding about the changed terms and return it to the holderOwner. Alternatively, if the Trustee, the Issuer and the Company so determine, the Issuer 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. In either event, the cost of placing such notation on the Bond(s) shall be borne by the Company.