Common use of TRUSTEE TO EXERCISE RIGHTS OF FIRST MORTGAGE BONDHOLDER Clause in Contracts

TRUSTEE TO EXERCISE RIGHTS OF FIRST MORTGAGE BONDHOLDER. As a holder of First Mortgage Bonds, the Trustee shall have and exercise all of the rights of a holder of First Mortgage Bonds possessed under the Bond Indenture under which such First Mortgage Bonds were issued.

Appears in 2 contracts

Samples: Indenture (Midamerican Energy Financing Ii), Indenture (Midamerican Energy Financing Ii)

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TRUSTEE TO EXERCISE RIGHTS OF FIRST MORTGAGE BONDHOLDER. As a holder of First Mortgage Bonds, the Trustee shall have and exercise all of the rights of a holder of First Mortgage Bonds possessed under the Bond Indenture under which such First Mortgage Bonds were issuedIndenture.

Appears in 2 contracts

Samples: Indenture (Madison Gas & Electric Co), Indenture (Madison Gas & Electric Co)

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