Common use of References to the Bonds Ineffective After Bonds Paid Clause in Contracts

References to the Bonds Ineffective After Bonds Paid. Upon payment of the Bonds, all references in this Loan Agreement to the Bonds shall be ineffective and the Issuer and any holder of the Bonds shall not thereafter have any rights hereunder, excepting reporting and payment of rebate amounts and other payments under the Tax Certificate.

Appears in 2 contracts

Samples: Loan Agreement (Medical Action Industries Inc), Loan Agreement (Genlyte Group Inc)

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References to the Bonds Ineffective After Bonds Paid. Upon payment Payment of the Bonds, all references in this Loan Agreement to the Bonds shall be ineffective and the Issuer and any holder owner of the Bonds shall not thereafter have any rights hereunder, excepting reporting and payment of rebate amounts and other payments under Sections 7.4, 11.2 and 11.4 hereof and rights of the Tax CertificateIssuer to indemnification and payment of expenses contained, without limitation, in Sections 7.8, 7.9 and 7.10 hereof.

Appears in 2 contracts

Samples: Loan Agreement (Aaron Rents Inc), Loan Agreement (Lower Road Associates LLC)

References to the Bonds Ineffective After Bonds Paid. Upon payment Payment of the Bonds, all references in this Loan Lease Agreement to the Bonds shall be ineffective and the Issuer and any holder owner of the Bonds shall not thereafter have any rights hereunder, excepting reporting except rights of the Issuer to indemnification and payment of rebate amounts expenses contained, without limitation, in Sections 7.8, 7.9 and other payments under the Tax Certificate7.10 hereof.

Appears in 1 contract

Samples: Lease Agreement (Laralev Inc)

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References to the Bonds Ineffective After Bonds Paid. Upon payment of the Bondsany series of Bonds in whole, all references in this Loan Agreement to the such series of Bonds and related Note shall be ineffective and the Issuer Issuer, the Trustee and any holder of the such Bonds shall not thereafter have any rights hereunder, excepting reporting and payment of rebate amounts and other payments under the Tax CertificateCertificate and amounts due and owing under Section 7.7 hereof, if applicable.

Appears in 1 contract

Samples: Loan Agreement (Heico Corp)

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