Examples of Bond Redemption Date in a sentence
The Company may at any time after the Bond Redemption Date deliver to the Trustee for cancellation any Bonds previously authenticated and delivered hereunder, which the Company may have acquired in any manner whatsoever and the Bonds so delivered shall be promptly cancelled.
If prior to the Bond Redemption Date the Trustee receives any request to register a transfer of any Bond or any interest in any Bond to the Company, the Trustee shall not register such transfer unless the Trustee is satisfied that the Company is permitted to repurchase such Bond in accordance with the terms of this Trust Deed and the Common Agreement.
If on a Bond Redemption Date, BSMCC or its designee, or the Issuer, as applicable, exercises its rights to purchase the Mortgage Loans in a Mortgage Loan Group pursuant to Section 10.01 of the Pooling and Servicing Agreement, on such Bond Redemption Date the Trustee shall apply the Repurchase Price in effecting a full redemption of the Bonds of the related Bond Group.
The Borrower shall on each Bond Redemption Date cause an optional redemption of the Bonds to be made on such date in an amount equal to the Bond Redemption Amount for such Bond Redemption Date.
If prior to the Bond Redemption Date, the Company shall deliver to the Trustee for cancellation any Bond previously issued (other than in circumstance involving the issue of a New or Replacement Bond of like tenor for the same principal amount) the Trustee shall not cancel such Bond unless the Trustee is satisfied that the Company is permitted to repurchase such Bond in accordance with the terms of this Trust Deed and the Common Agreement.