Examples of Bond Register in a sentence
With respect to Bonds registered in the Bond Register in the name of Cede & Co., as nominee of DTC, neither the Issuer, the Borrower nor the Trustee shall have any responsibility or obligation to any DTC Participant or to any Beneficial Owner.
The Trustee shall pay all principal of and premium, if any, and interest on the Bonds only to or upon the order of the Bondholders as shown on the Bond Register, and all such payments shall be valid and effective to fully satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid.
Upon initial issuance the ownership of the Bonds shall be registered in the Bond Register in the name of Cede & Co., as the nominee of DTC.
Notice of redemption shall be mailed by the Trustee, not less than thirty (30) days and not more than sixty (60) days before the Redemption Date, by first class mail to the Holders of all Bonds which are to be redeemed, at their last addresses appearing upon the Bond Register; provided, however, that failure to give such notice by mailing, or any defect therein, shall not affect the validity of any proceedings for the redemption of any Bond with respect to which no such failure has occurred.