Offices for Servicing Bonds Clause Samples
The "Offices for Servicing Bonds" clause designates the specific locations or offices responsible for handling administrative tasks related to bond servicing, such as processing payments, maintaining records, and managing communications with bondholders. Typically, this clause will identify one or more physical or mailing addresses where bondholders can send correspondence or receive information about their bonds. By clearly specifying these offices, the clause ensures that all parties know where to direct inquiries and payments, thereby reducing confusion and facilitating efficient bond administration.
Offices for Servicing Bonds. The Agency shall at all times maintain an office or agency where Bonds may be presently for transfer or exchange, and where notices, presentations and demands upon the Agency in respect of the Bonds or of this Indenture may be served. The Agency hereby appoints the Trustee as its agent to maintain such office or agency for the transfer or exchange of Bonds, and for the service of such notices, presentations and demands upon the Agency.
Offices for Servicing Bonds. The Issuer shall at all times maintain an office or agency where Bonds may be presented for registration, transfer or exchange. The Issuer hereby appoints the Trustee as its agent to maintain such office or agency for the registration, transfer or exchange of Bonds, and such office shall be the Trustee’s Principal Office.