Common use of Transfer and Exchange of Bonds Clause in Contracts

Transfer and Exchange of Bonds. (a) Any Bond may, in accordance with its terms, be transferred upon the Registration Books by the Person in whose name it is registered, in person or by his duly authorized attorney, upon surrender of such Bond to the Trustee for cancellation, accompanied by delivery of a written instrument of transfer, duly executed in a form acceptable to the Trustee. Whenever any Bond or Bonds shall be surrendered for transfer, the Authority shall execute and the Trustee shall authenticate and shall deliver a new Bond or Bonds of the same Series in a like aggregate principal amount, in any authorized denomination. The Trustee shall require the Bond Owner requesting such transfer to pay any tax or other governmental charge required to be paid with respect to such transfer. (b) Prior to any transfer of Bonds outside the book-entry system (including, but not limited to, the initial transfer outside the book-entry system) the transferor shall provide or cause to be provided to the Trustee all information necessary to allow the Trustee to comply with any applicable tax reporting obligations, including without limitation any cost basis reporting obligations under Section 6045 of the Code. The Trustee shall conclusively rely on the information provided to it and shall have no responsibility to verify or ensure the accuracy of such information. (c) The Bonds may be exchanged at the Office of the Trustee for a like aggregate principal amount of Bonds of the same Series of other authorized denominations. The Trustee shall require the payment by the Bond Owner requesting such exchange of any tax or other governmental charge required to be paid with respect to such exchange. (d) The Trustee shall not be obligated to make any transfer or exchange of Bonds of a Series pursuant to this Section during the period established by the Trustee for the selection of Bonds of such Series for redemption, or with respect to any Bonds of such Series selected for redemption.

Transfer and Exchange of Bonds. (a) Any Bond may, in accordance with its terms, be transferred upon on the Registration Books by the Person person in whose name it is registered, in person or by his duly authorized attorney, upon surrender of such Bond to the Trustee for cancellation, accompanied by delivery of a written instrument of transfer, duly executed in a form acceptable to the Trustee. Transfer of any Bond shall not be permitted by the Trustee during the period established by the Trustee for selection of Bonds for redemption or if such Bond has been selected for redemption pursuant to Article IV. Whenever any Bond or Bonds shall be surrendered for transfer, the Authority shall execute and the Trustee shall authenticate and shall deliver a new Bond or Bonds of the same Series in for a like aggregate principal amount, in any authorized denominationamount and of like maturity. The Trustee shall may require the Bond Owner requesting such transfer to pay any tax or other governmental charge required to be paid with respect to such transfer. (b) Prior to . The cost of printing Bonds and any services rendered or expenses incurred by the Trustee in connection with any transfer of Bonds outside shall be paid by the book-entry system (including, but not limited to, the initial transfer outside the book-entry system) the transferor shall provide or cause to be provided to the Trustee all information necessary to allow the Trustee to comply with any applicable tax reporting obligations, including without limitation any cost basis reporting obligations under Section 6045 of the CodeAuthority. The Trustee shall conclusively rely on the information provided to it and shall have no responsibility to verify or ensure the accuracy of such information. (c) The Bonds Any Bond may be exchanged at the Office of the Trustee for a like aggregate principal amount of Bonds of the same Series of other authorized denominationsdenominations and of like maturity. Exchange of any Bond shall not be permitted during the period established by the Trustee for selection of Bonds for redemption or if such Bond has been selected for redemption pursuant to Article IV. The Trustee shall may require the payment by the Bond Owner requesting such exchange of to pay any tax or other governmental charge required to be paid with respect to such exchange. (d) . The Trustee shall not be obligated to make cost of printing Bonds and any transfer services rendered or exchange of Bonds of a Series pursuant to this Section during the period established expenses incurred by the Trustee for in connection with any transfer shall be paid by the selection of Bonds of such Series for redemption, or with respect to any Bonds of such Series selected for redemptionAuthority.

Transfer and Exchange of Bonds. (a) Any Registration of any Bond may, in accordance with its termsthe terms of this Indenture, be transferred transferred, upon the Registration Books books of the Registrar required to be kept pursuant to the provisions of Section 2.04, by the Person person in whose name it is registered, in person or by his duly authorized attorney, upon surrender of such Bond to the Trustee for cancellation, accompanied by delivery of a written instrument of transfer, duly executed transfer in a form acceptable to approved by the TrusteeRegistrar, duly executed. Whenever any Bond or Bonds shall be surrendered for registration of transfer, the Authority shall execute and the Trustee Registrar shall authenticate and shall deliver a new Bond or Bonds of the same Series in a like aggregate principal amount, in any authorized denominationtenor of Authorized Denominations. The Trustee shall require No registration of transfer of Bonds upon the Bond Owner requesting such transfer to pay any tax or other governmental charge books of the Registrar required to be paid with respect kept pursuant to such transfer. the provisions of Section 2.04 hereof shall be required to be made during the period after any Record Date and prior to the related Interest Payment Date or during the period of fifteen (b15) Prior to days next preceding the date on which the Trustee gives any notice of redemption, nor shall any registration of transfer of Bonds outside the book-entry system (including, but not limited to, the initial transfer outside the book-entry system) the transferor shall provide or cause to called for redemption be provided to the Trustee all information necessary to allow the Trustee to comply with any applicable tax reporting obligations, including without limitation any cost basis reporting obligations under Section 6045 of the Coderequired. The Trustee shall conclusively rely on the information provided to it and shall have no responsibility to verify or ensure the accuracy of such information. (c) The Bonds may be exchanged at the Principal Office of the Trustee Registrar for a like aggregate principal amount of Bonds of the same Series tenor of other authorized denominationsAuthorized Denominations. The Trustee Registrar shall require the payment by the Bond Owner Bondholder requesting such exchange of any tax or other governmental charge required to be paid with respect to such exchange. (d) The Trustee , and there shall not be obligated no other charge to make any transfer or Bondholders for any such exchange. No exchange of Bonds of a Series pursuant shall be required to this Section be made during the period established by after any Record Date and prior to the related Interest Payment Date or during the period of fifteen (15) days next preceding the date on which the Trustee for the selection gives notice of redemption, nor shall any exchange of Bonds of such Series called for redemption, or with respect to any Bonds of such Series selected for redemptionredemption be required.

Transfer and Exchange of Bonds. (a) Any Registration of any Bond may, in accordance with its termsthe terms of this Indenture, be transferred at the Principal Office of the Registrar, upon the Registration Books books of the Registrar required to be kept pursuant to the provisions of Section 2.06 hereof, by the Person in whose name it is registered, in person or by his its attorney duly authorized attorneyin writing, upon surrender of such Bond to the Trustee for cancellation, accompanied by delivery of a written instrument of transfer, duly executed transfer in a form acceptable to approved by the Trustee. Whenever any Bond or Bonds shall be surrendered for transferRegistrar, the Authority shall execute and the Trustee shall authenticate and shall deliver a new Bond or Bonds of the same Series in a like aggregate principal amount, in any authorized denominationduly executed. The Trustee Registrar shall require the payment by the Owner of the Bond Owner requesting such transfer to pay of any tax or other governmental charge required to be paid with respect and there shall be no other charge to any Owners for any such transfer. (b) Prior to . Whenever any Bond shall be surrendered for registration of transfer, the Issuer shall execute and the Registrar shall authenticate and deliver a new Bond or Bonds of the same tenor and of Authorized Denominations. No registration of transfer of Bonds outside shall be required to be made for a period of 15 days next preceding the book-entry system (includingdate on which the Trustee sends by Mail any notice of redemption, but not limited tonor shall any registration of transfer of Bonds called for redemption be required, except the unredeemed portion of any Bond being redeemed in part. In the event any Owner fails to provide a correct taxpayer identification number to the Trustee, the initial transfer outside Trustee may make a charge, or other security, against the book-entry system) the transferor shall provide or cause Owner sufficient to pay any government charge required to be provided to the Trustee all information necessary to allow the Trustee to comply paid as a result of such failure. In compliance with any applicable tax reporting obligations, including without limitation any cost basis reporting obligations under Section 6045 3406 of the Code, this amount may be deducted by the Trustee from amounts payable to the Owner under this Indenture or the Bonds. The Trustee shall conclusively rely on the information provided to it and shall have no responsibility to verify or ensure the accuracy of such information. (c) The Bonds may be exchanged at the Principal Office of the Trustee Registrar for a like aggregate principal amount of Bonds of the same Series tenor and of other authorized denominationsAuthorized Denominations. The Trustee Registrar shall require the payment by the Owner of the Bond Owner requesting such exchange of any tax or other governmental charge required to be paid with respect to such exchange. (d) The Trustee , and there shall not be obligated no other charge to make any transfer or Owners for any such exchange. No exchange of Bonds shall be required to be made for a period of a Series pursuant to this Section during 15 days next preceding the period established by date on which the Trustee Mails notice of redemption, nor shall any exchange of Bonds called for redemption be required, except the unredeemed portion of any Bond being redeemed in part. The Issuer, the Registrar, the Trustee and any agent of the Issuer, the Registrar or the Trustee may treat the person in whose name the Bond is registered as the owner thereof for the selection purpose of Bonds of receiving payment as herein provided and for all other purposes, whether or not the Bond be overdue, and neither the Issuer, the Registrar, the Trustee, nor any such Series for redemption, or with respect agent shall be affected by notice to any Bonds of such Series selected for redemptionthe contrary.

Transfer and Exchange of Bonds. (a) Any Registration of any Bond may, in accordance with its termsthe terms of this Indenture, be transferred at the Principal Office of the Registrar, upon the Registration Books books of the Registrar required to be kept pursuant to the provisions of Section 2.06 hereof, by the Person in whose name it is registered, in person or by his its attorney duly authorized attorneyin writing, upon surrender of such Bond to the Trustee for cancellation, accompanied by delivery of a written instrument of transfer, duly executed transfer in a form acceptable to approved by the Trustee. Whenever any Bond or Bonds shall be surrendered for transferRegistrar, the Authority shall execute and the Trustee shall authenticate and shall deliver a new Bond or Bonds of the same Series in a like aggregate principal amount, in any authorized denominationduly executed. The Trustee Registrar shall require the payment by the Owner of the Bond Owner requesting such transfer to pay of any tax or other governmental charge required to be paid with respect and there shall be no other charge to any Owners for any such transfer. (b) Prior to . Whenever any Bond shall be surrendered for registration of transfer, the Authority shall execute and the Registrar shall authenticate and deliver a new Bond or Bonds of the same tenor and of Authorized Denominations. No registration of transfer of Bonds outside shall be required to be made for a period of 15 days next preceding the book-entry system (includingdate on which the Trustee sends by Mail any notice of redemption, but not limited tonor shall any registration of transfer of Bonds called for redemption be required, except the unredeemed portion of any Bond being redeemed in part. In the event any Owner fails to provide a correct taxpayer identification number to the Trustee, the initial transfer outside Trustee may make a charge, or other security, against the book-entry system) the transferor shall provide or cause Owner sufficient to pay any government charge required to be provided to the Trustee all information necessary to allow the Trustee to comply paid as a result of such failure. In compliance with any applicable tax reporting obligations, including without limitation any cost basis reporting obligations under Section 6045 3406 of the Code, this amount may be deducted by the Trustee from amounts payable to the Owner under this Indenture or the Bonds. The Trustee shall conclusively rely on the information provided to it and shall have no responsibility to verify or ensure the accuracy of such information. (c) The Bonds may be exchanged at the Principal Office of the Trustee Registrar for a like aggregate principal amount of Bonds of the same Series tenor and of other authorized denominationsAuthorized Denominations. The Trustee Registrar shall require the payment by the Owner of the Bond Owner requesting such exchange of any tax or other governmental charge required to be paid with respect to such exchange. (d) The Trustee , and there shall not be obligated no other charge to make any transfer or Owners for any such exchange. No exchange of Bonds shall be required to be made for a period of a Series pursuant to this Section during 15 days next preceding the period established by date on which the Trustee Mails notice of redemption, nor shall any exchange of Bonds called for redemption be required, except the unredeemed portion of any Bond being redeemed in part. The Authority, the Registrar, the Trustee and any agent of the Authority, the Registrar or the Trustee may treat the person in whose name the Bond is registered as the owner thereof for the selection purpose of Bonds of receiving payment as herein provided and for all other purposes, whether or not the Bond be overdue, and neither the Authority, the Registrar, the Trustee, nor any such Series for redemption, or with respect agent shall be affected by notice to any Bonds of such Series selected for redemptionthe contrary.

Transfer and Exchange of Bonds. (a) Any Registration of any Bond may, in accordance with its termsthe terms of this Indenture, be transferred at the Principal Office of the Registrar, upon the Registration Books books of the Registrar required to be kept pursuant to the provisions of Section 2.06 hereof, by the Person in whose name it is registered, in person or by his its attorney duly authorized attorneyin writing, upon surrender of such Bond to the Trustee for cancellation, accompanied by delivery of a written instrument of transfer, duly executed transfer in a form acceptable to approved by the Trustee. Whenever any Bond or Bonds shall be surrendered for transferRegistrar, the Authority shall execute and the Trustee shall authenticate and shall deliver a new Bond or Bonds of the same Series in a like aggregate principal amount, in any authorized denominationduly executed. The Trustee Registrar shall require the payment by the Owner of the Bond Owner requesting such transfer to pay of any tax or other governmental charge required to be paid and there shall be no other charge to any Owners for any such transfer. Whenever any Bond shall be surrendered for registration of transfer, the Issuer shall execute and the Registrar shall authenticate and deliver a new Bond or Bonds of the same tenor and of Authorized Denominations. Except with respect to such transfer. (b) Prior Bonds purchased pursuant to any Sections 3.01 and 3.02 hereof, no registration of transfer of Bonds outside the book-entry system (including, but not limited to, the initial transfer outside the book-entry system) the transferor shall provide or cause be required to be provided to made for a period of fifteen (15) days next preceding the date on which the Trustee all information necessary to allow the Trustee to comply with Mails any applicable tax reporting obligationsnotice of redemption, including without limitation nor shall any cost basis reporting obligations under Section 6045 registration of the Codetransfer of Bonds called for redemption be required. The Trustee shall conclusively rely on the information provided to it and shall have no responsibility to verify or ensure the accuracy of such information. (c) The Bonds may be exchanged at the Principal Office of the Trustee Registrar for a like aggregate principal amount of Bonds of the same Series tenor and of other authorized denominationsAuthorized Denominations. The Trustee Registrar shall require the payment by the Owner of the Bond Owner requesting such exchange of any tax or other governmental charge required to be paid with respect to such exchange. (d) The Trustee , and there shall not be obligated no other charge to make any transfer or Owners for any such exchange. Except with respect to Bonds purchased pursuant to Section 3.01 and Section 3.02 hereof, no exchange of Bonds shall be required to be made for a period of a Series pursuant to this Section during fifteen (15) days next preceding the period established by date on which the Trustee Mails notice of redemption, nor shall any exchange of Bonds called for redemption be required. The Issuer, the Registrar, the Trustee and any agent of the Issuer, the Registrar or the Trustee may treat the person in whose name the Bond is registered as the owner thereof for the selection purpose of Bonds of receiving payment as herein provided and for all other purposes, whether or not the Bond be overdue, and neither the Issuer, the Registrar, the Trustee, any paying agent nor any such Series for redemption, or with respect agent shall be affected by notice to any Bonds of such Series selected for redemptionthe contrary.