Common use of Trustee and Bond Owners to Exercise Rights Clause in Contracts

Trustee and Bond Owners to Exercise Rights. Such rights and remedies as are given to the Authority under this Article VIII have been assigned by the Authority to the Trustee under the Assignment Agreement for the benefit of the Bond Owners, to which assignment the City hereby consents. The Trustee and the Bond Owners shall exercise such rights and remedies in accordance with the Indenture.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Trustee and Bond Owners to Exercise Rights. Such rights and remedies as are given to the Authority under this Article VIII IX have been assigned by the Authority to the Trustee under the Assignment Agreement for the benefit of the Bond OwnersIndenture, to which assignment the City hereby consents. The Such rights and remedies shall be exercised by the Trustee and the Bond Owners shall exercise such rights of the Bonds as provided in the Indenture and remedies in accordance with the Indentureherein.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

Trustee and Bond Owners to Exercise Rights. Such rights and remedies as are given to the Authority under this Article VIII IX have been assigned by the Authority to the Trustee under the Assignment Agreement for the benefit of the Bond OwnersIndenture, to which assignment the City Town hereby consents. The Such rights and remedies shall be exercised by the Trustee and the Bond Owners shall exercise such rights and remedies of the Bonds as provided in accordance with the Indenture. The Trustee shall be considered a third party beneficiary for enforcing its rights under this Lease Agreement.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

Trustee and Bond Owners to Exercise Rights. Such rights and remedies as are given to the Authority Agency under this Article VIII IX have been assigned by the Authority Agency to the Trustee under the Assignment Agreement for the benefit of the Bond OwnersIndenture, to which assignment the City hereby consents. The Such rights and remedies shall be exercised by the Trustee and the Bond Owners shall exercise such rights and remedies of the Bonds as provided in accordance with the Indenture. The Trustee shall be considered a third party beneficiary for enforcing its rights under this Lease Agreement.

Appears in 1 contract

Samples: Lease Agreement

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Trustee and Bond Owners to Exercise Rights. Such rights and remedies as are given to the Authority under this Article VIII have been assigned by the Authority to the Trustee under the Assignment Agreement for the benefit of the Bond OwnersIndenture, to which assignment the City hereby consents. The Such rights and remedies shall be exercised by the Trustee and the Bond Owners shall exercise such rights and remedies of the Bonds as provided in accordance with the Indenture.

Appears in 1 contract

Samples: Installment Sale Agreement

Trustee and Bond Owners to Exercise Rights. Such rights and remedies as are given to the Authority under this Article VIII IX have been assigned by the Authority to the Trustee under the Assignment Agreement for the benefit of the Bond OwnersIndenture, to which assignment the City hereby consents. The Such rights and remedies may be exercised by the Trustee and the Bond Owners shall exercise such rights and remedies of the Bonds as provided in accordance with the Indenture. The Trustee shall be considered a third-party beneficiary of this Lease Agreement for enforcing its rights under this Lease Agreement.

Appears in 1 contract

Samples: Lease Agreement

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