Common use of Redemption or Purchase of Bonds Clause in Contracts

Redemption or Purchase of Bonds. The Issuer shall take all steps then necessary under the applicable provisions of the Indenture and then applicable federal and state laws and regulations for the redemption or purchase of Bonds upon receipt by the Issuer and the Trustee from the Company of a written notice specifying: (a) the principal amount of Bonds to be redeemed or purchased and the section of the Indenture pursuant to which such Bonds are being redeemed or purchased; (b) the date of such redemption or purchase, which date, in the case of a redemption of Bonds, shall be at least thirty (30) but not more than ninety (90) days subsequent to the receipt by the Trustee of such notice; and (c) in the case of a redemption of Bonds, directions to mail a notice of redemption pursuant to Section 3.04

Appears in 3 contracts

Samples: Loan Agreement (Entergy Arkansas Inc), Loan Agreement (Entergy Arkansas Inc), Loan Agreement (System Energy Resources Inc)

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Redemption or Purchase of Bonds. The Issuer shall take all steps then necessary under the applicable provisions of the Indenture and then applicable federal and state laws and regulations for the redemption or purchase of Bonds upon receipt by the Issuer and the Trustee from the Company of a written notice specifying: (a) : the principal amount of Bonds to be redeemed or purchased and the section of the Indenture pursuant to which such Bonds are being redeemed or purchased; (b) ; the date of such redemption or purchase, which date, in the case of a redemption of Bonds, shall be at least thirty (30) but not more than ninety (90) days subsequent to the receipt by the Trustee of such notice; and (c) in the case of a redemption of Bonds, directions to mail a notice of redemption pursuant to Section 3.04

Appears in 1 contract

Samples: Loan Agreement (Entergy Mississippi Inc)

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Redemption or Purchase of Bonds. The Issuer shall take all steps then necessary under the applicable provisions of the Indenture and then applicable federal and state laws and regulations for the redemption or purchase of Bonds upon receipt by the Issuer and the Trustee from the Company of a written notice specifying: (a) the principal amount of Bonds to be redeemed or purchased and the section of the Indenture pursuant to which such Bonds are being redeemed or purchased; (b) the date of such redemption or purchase, which date, in the case of a redemption of Bonds, shall be at least thirty forty-five (3045) days but not more than ninety (90) days subsequent to the receipt by the Trustee of such notice; and (c) in the case of a redemption of Bonds, directions to mail a notice of redemption pursuant to Section 3.04

Appears in 1 contract

Samples: Loan Agreement (System Energy Resources Inc)

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