Common use of Optional Redemption; Purchase Clause in Contracts

Optional Redemption; Purchase. Permit the Issuer to (i) optionally redeem any Bonds of a series covered by a Xxxx XX (other than Pledged Bonds related to such series) issued under the applicable Indenture prior to redeeming Pledged Bonds for such series in full or (ii) purchase any Bonds of a series covered by a Xxxx XX in lieu of redemption.

Appears in 4 contracts

Samples: Credit Agreement (Baltimore Gas & Electric Co), Credit Agreement (Commonwealth Edison Co), Credit Agreement (Commonwealth Edison Co)

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Optional Redemption; Purchase. Permit the Issuer to (i) optionally redeem any Bonds of a series covered by a Xxxx XX (other than Pledged Bonds related to such series) issued under the applicable Indenture prior to redeeming Pledged Bonds for such series in full or (ii) purchase any Bonds of a series covered by a Xxxx XX in lieu of redemption.

Appears in 2 contracts

Samples: Credit and Reimbursement Agreement, Letter of Credit and Reimbursement Agreement (Commonwealth Edison Co)

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Optional Redemption; Purchase. Permit the Issuer to (i) optionally redeem any Bonds of a series covered by a Xxxx XX (other than Pledged Bonds related to such series) issued under the applicable Indenture prior to redeeming Pledged Bonds for such series in full or (ii) purchase any Bonds of a series covered by a Xxxx XX in lieu of redemption...

Appears in 1 contract

Samples: Credit Agreement

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