Common use of Temporary Bonds Clause in Contracts

Temporary Bonds. Pending the preparation of definitive Bonds of any series, or any Tranche thereof, the Company may execute, and upon Company Order the Trustee shall authenticate and deliver, temporary Bonds which are printed, lithographed, typewritten, mimeographed, photocopied or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive Bonds in lieu of which they are issued, with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Bonds may determine, as evidenced by their execution of such Bonds. Except as otherwise specified as contemplated by Section 3.01 with respect to the Bonds of any series, or any Tranche thereof, after the preparation of definitive Bonds of such series or Tranche, the temporary Bonds of such series or Tranche shall be exchangeable, without charge to the Holder thereof, for definitive Bonds of such series or Tranche upon surrender of such temporary Bonds at the office or agency of the Company maintained pursuant to Section 7.02 in a Place of Payment for such Bonds. Upon such surrender of temporary Bonds, the Company shall, except as otherwise specified as contemplated by Section 3.01, execute and the Trustee shall authenticate and deliver in exchange therefor definitive Bonds of the same series and Tranche, of authorized denominations and of like tenor and aggregate principal amount. Until exchanged in full as hereinabove provided, temporary Bonds shall in all respects be entitled to the same benefits under this Indenture as definitive Bonds of the same series and Tranche and of like tenor authenticated and delivered hereunder.

Appears in 7 contracts

Samples: Indenture of Mortgage (PG&E Corp), Indenture of Mortgage (PG&E Corp), Indenture of Mortgage (PG&E Corp)

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Temporary Bonds. Pending the preparation of definitive permanent Bonds of any series, or any Tranche thereofseries pursuant to Section 2.10, the Company Funding Corporation and the Partnership may execute, and upon Company receipt of a Funding Corporation Order and Partnership Order, the Trustee shall authenticate and delivermake available for delivery, temporary Bonds which of such series that are printed, lithographed, typewritten, mimeographed, photocopied or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive permanent Bonds in lieu of which they are issued, issued and with such appropriate insertions, omissions, substitutions and other variations as the officers of the Funding Corporation and the Partnership executing such Bonds may determine, as evidenced by their execution of such Bonds. Except as otherwise specified as contemplated by Section 3.01 with respect to the If temporary Bonds of any seriesseries are issued, or any Tranche thereof, after the preparation of definitive Funding Corporation and the Partnership shall cause permanent Bonds of such series or Trancheto be prepared without unreasonable delay. After the preparation of permanent Bonds of such series, the temporary Bonds of such series or Tranche shall be exchangeableexchangeable for permanent Bonds of such series upon surrender of the temporary Bonds of such series at the Place of Payment, without charge to the Holder thereof, Holder. Upon surrender for definitive cancellation of any one or more temporary Bonds of such series or Tranche upon surrender of such temporary Bonds at the office or agency of the Company maintained pursuant to Section 7.02 in a Place of Payment for such Bonds. Upon such surrender of temporary Bondsany series, the Company shallFunding Corporation and the Partnership shall execute, except as otherwise specified as contemplated by Section 3.01, execute and the Trustee shall authenticate and deliver make available for delivery, in exchange therefor definitive therefor, permanent Bonds of the same such series and Tranche, of authorized denominations and of like tenor and aggregate principal amount. Until exchanged in full as hereinabove providedso exchanged, such temporary Bonds of any series shall in all respects be entitled to the same benefits under this Indenture as definitive permanent Bonds of the same series and Tranche and of like tenor authenticated and delivered hereundersuch series.

Appears in 1 contract

Samples: Trust Indenture (LSP Batesville Funding Corp)

Temporary Bonds. (a) Pending the preparation of definitive Bonds of any series, or any Tranche thereof, the Company may execute, and upon Company Order the Trustee shall authenticate and deliver, temporary Bonds which are printed, lithographed, typewritten, mimeographed, photocopied or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive Bonds in lieu of which they are issued, with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Bonds may determine, as evidenced by their execution of such Bonds. Except as otherwise specified as contemplated by Section 3.01 with respect to the , provided, however, that temporary Bonds of any seriesneed not recite specific redemption, sinking fund, conversion or any Tranche thereof, after exchange provisions. (b) After the preparation of definitive Bonds of such series or Trancheseries, the temporary Bonds of such series or Tranche shall be exchangeable, without charge to the Holder thereof, exchangeable for definitive Bonds of such series or Tranche upon surrender of such the temporary Bonds of such series at the office or agency of the Company maintained pursuant to Section 7.02 6.02 in a Place of Payment for such Bondsseries, without charge to the Holder. Upon such surrender for cancellation of any one or more temporary BondsBonds of any series, the Company shall, except as otherwise specified as contemplated by Section 3.01, shall execute and the Trustee shall authenticate and deliver in exchange therefor definitive Bonds of the same series and Trancheseries, of authorized denominations and of like tenor and aggregate principal amount. . (c) Until exchanged in full as hereinabove provided, the temporary Bonds shall in all respects be entitled to the same benefits under this Indenture as definitive Bonds of the same series and Tranche and of like tenor authenticated and delivered hereunder.

Appears in 1 contract

Samples: Open End Mortgage, General Mortgage Indenture and Deed of Trust (Vistra Corp.)

Temporary Bonds. Pending the preparation of definitive permanent --------------- Bonds of any series, or any Tranche thereofseries pursuant to Section 2.10, the Company Issuer may execute, and upon Company Order ------------ receipt of an Issuer Order, the Trustee shall authenticate and delivermake available for delivery, temporary Bonds which of such series that are printed, lithographed, typewritten, mimeographed, photocopied or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive permanent Bonds in lieu of which they are issued, issued and with such appropriate insertions, omissions, substitutions and other variations as the officers of the Issuer executing such Bonds may determine, as evidenced by their execution of such Bonds. Except as otherwise specified as contemplated by Section 3.01 with respect to the If temporary Bonds of any seriesseries are issued, or any Tranche thereof, after the preparation of definitive Issuer shall cause permanent Bonds of such series or Trancheto be prepared without unreasonable delay. After the preparation of permanent Bonds of such series, the temporary Bonds of such series or Tranche shall be exchangeableexchangeable for permanent Bonds of such series upon surrender of the temporary Bonds of such series at the Place of Payment, without charge to the Holder thereof, Holder. Upon surrender for definitive cancellation of any one or more temporary Bonds of such series or Tranche upon surrender of such temporary Bonds at the office or agency of the Company maintained pursuant to Section 7.02 in a Place of Payment for such Bonds. Upon such surrender of temporary Bondsany series, the Company shallIssuer shall execute, except as otherwise specified as contemplated by Section 3.01, execute and the Trustee shall authenticate and deliver make available for delivery, in exchange therefor definitive therefor, permanent Bonds of the same such series and Tranche, of authorized denominations and of like tenor and aggregate principal amount. Until exchanged in full as hereinabove providedso exchanged, such temporary Bonds of any series shall in all respects be entitled to the same benefits under this Indenture as definitive permanent Bonds of the same series and Tranche and of like tenor authenticated and delivered hereundersuch series.

Appears in 1 contract

Samples: Trust Indenture (Dominion Resources Inc /Va/)

Temporary Bonds. So long as the Book Entry Bonds are held by the Depository for the Participants in book-entry form, they may be typewritten or in any other form acceptable to the Issuer, the Paying Agent, the Bond Registrar and the Depository. At any time during which the Book Entry Bonds are not held by the Depository for the Participants in book-entry form, the Definitive Bonds shall be lithographed or printed with steel engraved borders. Pending the preparation of definitive Bonds of any series, or any Tranche thereofDefinitive Bonds, the Company Issuer may execute, and upon Company Issuer Order the Trustee or the Authenticating Agent shall authenticate and deliver, temporary Bonds which are printed, lithographed, typewritten, mimeographed, photocopied mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive Bonds in lieu of which they are issued, may be so issued and with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Bonds may determine, as evidenced by their execution of such Bonds. Except as otherwise specified as contemplated by Section 3.01 with respect If temporary Bonds are issued, the Issuer shall cause definitive Bonds to the Bonds of any series, or any Tranche thereof, after be prepared without unreasonable delay. After the preparation of definitive Bonds of such series or TrancheBonds, the temporary Bonds of such series or Tranche shall be exchangeable, without charge to the Holder thereof, exchangeable for definitive Bonds of such series or Tranche upon surrender of such the temporary Bonds at the office or agency of the Company Issuer to be maintained pursuant as provided in Section 3.02, without charge to Section 7.02 in a Place of Payment for such Bondsthe Holder. Upon such surrender or cancellation of any one or more temporary Bonds, the Company shall, except as otherwise specified as contemplated by Section 3.01, Issuer shall execute and the Trustee or the Authenticating Agent shall authenticate and deliver in and exchange therefor a like principal amount of definitive Bonds of the same series Class and Tranche, of authorized denominations and of like tenor and aggregate principal amountdenominations. Until exchanged in full as hereinabove providedso exchanged, the temporary Bonds shall in all respects be entitled to the same benefits under this Indenture as definitive Definitive Bonds of the same series and Tranche and of like tenor authenticated and delivered hereunderClass.

Appears in 1 contract

Samples: Indenture (Sequoia Mortgage Funding Corp)

Temporary Bonds. (a) Pending the preparation of definitive Bonds of any series, or any Tranche thereof, the Company may execute, and upon Company Order the Trustee shall authenticate and deliver, temporary Bonds which are printed, lithographed, typewritten, mimeographed, photocopied mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive Bonds in lieu of which they are issued, with such appropriate insertions, omissions, substitutions and other variations as the officers any officer executing such Bonds may determine, as evidenced by their such officer’s execution of such Bonds. Except as ; provided, however, that temporary Bonds need not recite specific redemption, sinking fund, conversion or exchange provisions. (b) Unless otherwise specified as contemplated by Section 3.01 2.01 with respect to the Bonds of any series, or any Tranche thereof, series after the preparation of definitive Bonds of such series or Trancheseries, the temporary Bonds of such series or Tranche shall be exchangeable, without charge to the Holder thereof, for definitive Bonds of such series or Tranche upon surrender of such temporary Bonds at the office or agency of the Company maintained pursuant to Section 7.02 6.02 in a Place of Payment for such Bonds. Upon such surrender of temporary BondsBonds for such exchange, the Company shall, except as otherwise specified as contemplated by Section 3.01aforesaid, execute and the Trustee shall authenticate and deliver in exchange therefor definitive Bonds of the same series and Tranche, of authorized denominations and of like tenor and aggregate principal amount. . (c) Until exchanged in full as hereinabove provided, temporary Bonds shall in all respects be entitled to the same benefits under this Indenture as definitive Bonds of the same series and Tranche and of like tenor authenticated and delivered hereunder.

Appears in 1 contract

Samples: Twentieth Supplemental Indenture (Tampa Electric Co)

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Temporary Bonds. Pending the preparation of definitive Bonds of any series, or any Tranche thereof, the Company may execute, and upon Company Order the Trustee shall authenticate and deliver, temporary Bonds which are printed, lithographed, typewritten, mimeographed, photocopied or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive Bonds in lieu of which they are issued, with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Bonds may determine, as evidenced by their execution of such Bonds. Except as otherwise specified as contemplated by Section 3.01 with respect to the Bonds of any series, or any Tranche thereof, after After the preparation of definitive Bonds of such series or Trancheseries, the temporary Bonds of such series or Tranche shall be exchangeable, without charge to the Holder thereof, for definitive Bonds of such series or Tranche upon surrender of such temporary Bonds at the office or agency of the Company maintained pursuant to Section 7.02 in a Place of Payment for such Bonds. Upon such surrender of temporary Bonds, the Company shall, except as otherwise specified as contemplated by Section 3.01in accordance with the procedures set forth in the Appendix, execute and the Trustee shall authenticate and deliver in exchange therefor definitive Bonds of the same series and Trancheseries, of authorized denominations and of like tenor and aggregate principal amount. Until exchanged in full as hereinabove provided, temporary Bonds shall in all respects be entitled to the same benefits under this Indenture as definitive Bonds of the same series and Tranche and of like tenor authenticated and delivered hereunder.

Appears in 1 contract

Samples: Indenture (PACIFIC GAS & ELECTRIC Co)

Temporary Bonds. (a) Pending the preparation of definitive Bonds of any series, or any Tranche thereof, the Company may execute, and upon Company Order the Trustee shall authenticate and deliver, temporary Bonds which are printed, lithographed, typewritten, mimeographed, photocopied or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive Bonds in lieu of which they are issued, with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Bonds may determine, as evidenced by their execution of such Bonds. Except as otherwise specified as contemplated by Section 3.01 with respect to the , provided, however, that temporary Bonds of any seriesneed not recite specific redemption, sinking fund, conversion or any Tranche thereof, after exchange provisions. (b) After the preparation of definitive Bonds of such series, the temporary Bonds all of such series or Tranche, shall be exchangeable for definitive Bonds of such series upon surrender of the temporary Bonds of such series or Tranche shall be exchangeable, without charge to the Holder thereof, for definitive Bonds of such series or Tranche upon surrender of such temporary Bonds at the office or agency of the Company maintained pursuant to Section 7.02 6.02 in a Place of Payment for such Bondsseries, without charge to the Holder. Upon such surrender for cancellation of any one or more temporary BondsBonds of any series, the Company shall, except as otherwise specified as contemplated by Section 3.01, shall execute and the Trustee shall authenticate and deliver in exchange therefor definitive Bonds of the same series and Trancheseries, of authorized denominations and of like tenor and aggregate principal amount. . (c) Until exchanged in full as hereinabove provided, the temporary Bonds shall in all respects be entitled to the same benefits under this Indenture as definitive Bonds of the same series and Tranche and of like tenor authenticated and delivered hereunder.

Appears in 1 contract

Samples: Open End Mortgage, General Mortgage Indenture and Deed of Trust (Vistra Corp.)

Temporary Bonds. Pending the preparation of definitive Bonds of any seriespursuant to Section 2.13, or any Tranche thereofby agreement of the purchasers of all Bonds or, in the Company case of Bonds held in a book-entry only system by a Clearing Agency, a Manager on behalf of the Issuer may execute, and upon Company Order receipt of an Issuer Order, the Trustee shall authenticate and deliver, deliver temporary Bonds which are printed, lithographed, typewritten, mimeographed, photocopied mimeographed or otherwise produced, in any authorized denomination, substantially produced of the tenor of the definitive Bonds in lieu of which they are issued, issued and with such appropriate insertions, omissions, substitutions and other variations not inconsistent with the terms of this Indenture as the officers a Manager executing such Bonds may determine, as evidenced by their its execution of such Bonds. Except as otherwise specified as contemplated If temporary Bonds are issued, the Issuer will cause definitive Bonds to be prepared without unreasonable delay except where temporary Bonds are held by Section 3.01 with respect to the Bonds of any series, or any Tranche thereof, after a Clearing Agency. After the preparation of definitive Bonds of such series or TrancheBonds, the temporary Bonds of such series or Tranche shall be exchangeable, without charge to the Holder thereof, exchangeable for definitive Bonds of such series or Tranche upon surrender of such the temporary Bonds at the office or agency of the Company Issuer to be maintained pursuant as provided in Section 3.02, without charge to Section 7.02 in a Place of Payment for such Bondsthe Holder. Upon such surrender for cancellation of any one or more temporary Bonds, a Manager on behalf of the Company shall, except as otherwise specified as contemplated by Section 3.01, Issuer shall execute and the Trustee shall authenticate and deliver in exchange therefor a like Tranche and initial principal amount of definitive Bonds of the same series and Tranche, of authorized denominations and of like tenor and aggregate principal amountin Authorized Denominations. Until exchanged in full as hereinabove providedso exchanged, the temporary Bonds shall in all respects be entitled to the same benefits under this Indenture as definitive Bonds of the same series and Tranche and of like tenor authenticated and delivered hereunderBonds.

Appears in 1 contract

Samples: Indenture (CenterPoint Energy Restoration Bond Company, LLC)

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