Redemption of Bond Sample Clauses

Redemption of Bond. The Issuer, at the written request of the Company and if the Company provides funds therefor, shall forthwith take all steps that may be necessary under the redemption or defeasance provisions of the Bond Resolution to effect the redemption or defeasance of all or part of the then-Outstanding Bond, as may be specified by the Company, on the earliest date on which such redemption or defeasance may be made under such applicable provisions. If this Lease is not renewed and expires before the maturity date of the Bond, or if there is an acceleration of the Bond, the Company shall immediately cause the Bond to be redeemed or cancelled.
AutoNDA by SimpleDocs
Redemption of Bond. The Authority, at the written request of the City at any time and if the Bond is then callable or available for purchase, and if there are funds available therefor, shall forthwith take all steps that may be necessary under the applicable redemption or purchase provisions of the Bond Purchase Agreement to effect redemption or purchase of all or part of the then outstanding Bond, as may be specified by the City, on the earliest date on which such redemption or purchase may be made under such applicable provisions.
Redemption of Bond. The Issuer, at the written request of the Company and if the Company provides funds therefor, shall forthwith take all steps that may be necessary under the redemption or defeasance provisions of the Bond Resolution to effect the redemption or defeasance of all or part of the then-Outstanding Bond, as may be specified by the Company, on the earliest date on which such redemption or defeasance may be made under such applicable provisions, provided, however, in lieu of providing funds in connection with any such redemption, the Company may cause the principal amount of the Bond to be reduced in an amount equal to the principal amount of such redemption through a notation thereof on the Schedule of Advances and Payments attached thereto.
Redemption of Bond. The Company shall have and is hereby granted the option to cause all or a portion of the Bond to be redeemed at the times permitted by the Financing Agreement. The Issuer, at the request of the Company, shall forthwith take all steps (other than the payment of the money required for such redemption) necessary under the applicable redemption provisions of the Financing Agreement to effect redemption of all or part of the Bond, as may be specified by the Company, on the date established for such redemption. So long as no Loan Default exists, the Company shall be authorized to take all steps necessary on behalf of the Issuer to effectuate redemption of the Bond.
Redemption of Bond. Subject to the terms and conditions of this Agreement, the Company agrees to redeem the Bond at a redemption price of US$50,000,000 in the aggregate, plus any accrued but unpaid interest to and including the Closing Date. The total redemption price for the Bond shall be hereinafter referred to as the “Redemption Price”.
Redemption of Bond. The Issuer, at the written request of the Company and if the Company provides funds therefor, shall forthwith take all steps that may be necessary under the redemption or defeasance provisions of the Bond Resolution to effect the redemption or defeasance of all or part of the then Outstanding Bond, as may be specified by the Company, on the earliest date on which such redemption or defeasance may be made under such applicable provisions. If there is an acceleration of the Bond, the Company shall immediately cause the Bond to be redeemed or cancelled.
Redemption of Bond. The Authority, at the written request of the Company at any time and if the Bond is then callable or available for purchase, and if there are funds available therefor in the Project Restoration Fund or funds provided by the Company, shall forthwith take all steps that may be necessary to effect the redemption of all or part of any then Bond, as may be specified by the Company, on the earliest date on which such redemption or defeasance may occur under such applicable provisions.
AutoNDA by SimpleDocs
Redemption of Bond. The Issuer, at the written request of the Company at any time and if the Bond is then callable or available for purchase, and if there are funds available therefor in the Project Fund or funds provided by the Company, shall forthwith take all steps that may be necessary under the applicable redemption or defeasance provisions of the Bond Resolution to effect the redemption or defeasance of all or part of any then Outstanding Bond, as may be specified by the Company, on the earliest date on which such redemption or defeasance may occur under such applicable provisions.
Redemption of Bond. OBLIGATION TO PURCHASE UPON --------------------------- TERMINATION OF THE LEASE ------------------------
Redemption of Bond. The Issuer, at the written request of the Company and if the Company provides funds therefor, shall forthwith take all steps that may be necessary under the redemption or defeasance provisions of the Bond Resolution to effect the redemption or defeasance of all or part of the then Outstanding Bond, as may be specified by the Company, on the earliest date on which such redemption or defeasance may be made under such applicable provisions. The Company will provide written notice to the Issuer of any such early redemption of the Bond. If there is an acceleration of the Bond, the Company shall immediately cause the Bond to be redeemed or cancelled. If the Holder is the Company or an Affiliate of the Company, any redemption of the Bond, in whole or in part, may be accomplished by canceling the Bond or the relevant portion thereof without the necessity of making any payment in connection therewith.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!