Common use of Partial Redemption of Bonds Clause in Contracts

Partial Redemption of Bonds. (a) Upon surrender of any Bond for redemption in part only, the Issuer shall execute and the Trustee shall authenticate and deliver to the Owner thereof a new Bond or Bonds of authorized denominations, in an aggregate principal amount equal to the unredeemed portion of the Bond surrendered.

Partial Redemption of Bonds. (a) Upon surrender of any Bond for redemption in part only, the Issuer shall execute and the Trustee shall authenticate and deliver to the Owner holder thereof a new Bond or Bonds of the same series and the same maturity, of authorized denominations, denominations in an aggregate principal amount equal to the unredeemed portion of the Bond surrendered.

Partial Redemption of Bonds. (a) Upon surrender of any Bond for redemption in part only, the Issuer shall execute and the Trustee shall authenticate and deliver to the Owner thereof owner thereof, at the expense of the Company, a new Bond or Bonds of authorized denominations, like maturity in an Authorized Denominations in aggregate principal amount equal to the unredeemed portion of the Bond surrendered.

Partial Redemption of Bonds. (a) Upon surrender of any Bond for redemption in part only, the Issuer Authority shall execute and the Trustee shall authenticate and deliver to the Owner thereof a new Bond or Bonds of authorized denominations, in an aggregate principal amount equal to the unredeemed portion of the Bond surrendered.

Partial Redemption of Bonds. (a) Upon surrender of any Bond for redemption in part only, the Issuer shall execute execute, and the Trustee shall register, authenticate and deliver to the Owner thereof thereof, a new Bond or Bonds of authorized denominations, denominations in an aggregate principal amount equal to the unredeemed portion of the Bond surrendered.

Partial Redemption of Bonds. (a) Upon surrender of any Bond for redemption in part only, the Issuer shall execute execute, and the Trustee shall authenticate and deliver to the Owner owner thereof a new Bond or Bonds of the same series, date, interest rate, and maturity, of authorized denominations, in an aggregate principal amount equal to the unredeemed portion of the Bond surrendered. In the event of any partial redemption, the Trustee shall provide, at the Borrower’s request and expense, a new debt service schedule for the Bonds to the Borrower.

Partial Redemption of Bonds. (a) Upon surrender of any Bond for redemption in part only, the Issuer shall execute and the Trustee Authenticating Agent shall authenticate and deliver to the Owner thereof thereof, the cost of which shall be paid by the Company, a new Bond or Bonds of authorized denominations, an Authorized Denomination of the same mode in an aggregate principal amount equal to the unredeemed portion of the Bond surrenderednot redeemed.