Surrender of Bonds. (a) The Agent shall forthwith surrender to or upon the order of the Company all Bonds held by it at the first time at which the Commitments shall have been terminated and all Obligations shall have been paid in full.
(b) Upon any permanent reduction in the Aggregate Commitment pursuant to the terms of the Credit Agreement, the Agent shall forthwith surrender to or upon the order of the Company Bonds in an aggregate principal amount equal to the excess of the aggregate principal amount of Bonds held by the Agent over the Aggregate Commitment.
Surrender of Bonds. The Agent shall surrender the Bonds to or upon the order of the Company when and as required under Article VIII of the Credit Agreement.
Surrender of Bonds. The Administrative Agent shall forthwith surrender to or upon the order of the Company all Bonds held by it to the Trustee when all of the Borrower Obligations shall have been duly paid in full in immediately available funds and the Credit Agreement (including, without limitation, all Commitments thereunder) shall have been terminated.
Surrender of Bonds. (a) The Bank shall forthwith surrender to or upon the order of the Company all Bonds held by it at the first time at which the Commitment shall have been terminated, all Letters of Credit have been terminated or expired and all Liabilities shall have been paid in full.
(b) Upon any permanent reduction in the Commitment pursuant to the terms of the Reimbursement Agreement, the Bank shall forthwith surrender to or upon the order of the Company Bonds in an aggregate principal amount equal to the excess of the aggregate principal amount of Bonds held by the Bank over the Commitment.
Surrender of Bonds. (a) The Administrative Agent shall forthwith surrender to or upon the order of the Company all Series 10 Bonds held by it at the first time at which the Aggregate Commitments shall have been terminated, no Letter of Credit shall be outstanding and all Obligations shall have been paid in full.
(b) Upon any permanent reduction in the Revolving Commitments or the Revenue Bond Commitments pursuant to Section 2.07(b) of the Credit Agreement, the Administrative Agent shall forthwith surrender to or upon the order of the Company Series 10 Bonds in an aggregate principal amount equal to the excess of the aggregate principal amount of the Series 10 Bonds held by the Administrative Agent over the sum of (i) the greater at such time of the total Revolving Commitments and the total Revolving Credit Exposure plus (ii) the greater at such time of the total Revenue Bond Commitments and the total Revenue Bond Credit Exposure, provided that the Administrative Agent shall have received, in accordance with Section 6 of Article II of the General First Mortgage, replacement Series 10 Bonds in an aggregate principal amount equal to the sum of clauses (i) and (ii) above. This Agreement shall be governed by and construed in accordance with the law of the State of New York.
Surrender of Bonds. (a) The Agent shall forthwith surrender to or upon the order of the Company all Bonds held by it at the first time at which the Commitments shall have been terminated and all Obligations shall have been paid in full.
(b) Upon any permanent reduction in the Aggregate Commitment pursuant to the terms of the Credit Agreement, the Agent shall forthwith surrender to or upon the order of the Company Bonds in an aggregate principal amount equal to the excess of the aggregate principal amount of Bonds held by the Agent over the Aggregate Commitment; provided that the Agent shall not surrender Interest Bearing Bonds at any time that Zero Rate Bonds are outstanding.
Surrender of Bonds. If (a) at any time 1999B Revenue Bonds in any principal amount shall have ceased to be "outstanding" under the 0000X Xxxxxxx Xxxx Xxxxxxxxx and (b) at such time or thereafter there shall be no amounts due to Ambac under Section 2.01(a) of the 1999 Insurance Agreement in respect of the redemption or payment of such 1999B Revenue Bonds, Ambac shall forthwith surrender to, or upon the order of, the Company an equal principal amount of Bonds.
Surrender of Bonds. (a) The Agent shall forthwith surrender to or upon the order of the Company all Bonds held by it at the first time at which the Commitments shall have been terminated and all Obligations shall have been paid in full.
(b) Upon any permanent reduction in the Commitments and/or prepayments of Term Loans pursuant to the terms of the Loan Agreement, the Agent shall forthwith surrender to or upon the order of the Company Bonds in an aggregate principal amount equal to the excess of the aggregate principal amount of Bonds held by the Agent over the sum of the total Commitments and the aggregate outstanding Term Loans.
Surrender of Bonds. (a) The Administrative Agent shall forthwith surrender to or upon the order of the Company all 2013 Credit Agreement Collateral Series Bonds held by it at the first time at which the Advances and the other Obligations shall have been paid in full and the Commitments have been terminated. The Administrative Agent shall promptly upon the request of the Company, at the sole cost and expense of the Company, take such action and execute such documents as may reasonably be requested by the Company in connection with such surrender.
(b) Upon any prepayment of Advances pursuant to Section 2.10 of the Credit Agreement, the Administrative Agent shall forthwith surrender to or upon the order of the Company 2013 Credit Agreement Collateral Series Bonds in an aggregate principal amount equal to the excess of the aggregate principal amount of the 2013 Credit Agreement Collateral Series Bonds held by the Administrative Agent over 102% of the outstanding Advances, provided that the Administrative Agent shall have received, in accordance with Section 12 of the Mortgage (and without any requirement to pay any of the charges provided in Section 12 of the Mortgage, which shall be paid by the Company), replacement 2013 Credit Agreement Collateral Series Bonds in an aggregate principal amount equal to 102% of the outstanding Advances. This Agreement shall be governed by and construed in accordance with the law of the State of New York.
Surrender of Bonds. 46 SECTION 10.3. Form of Redemption Notice.................................................................. 47 SECTION 10.4. Bonds Payable on Redemption Date........................................................... 48 ARTICLE XI Miscellaneous......................................................................................... 48
