Examples of Deemed Tendered in a sentence
All Notes issued upon any transfer or exchange of Notes, including Notes issued in lieu of Notes Deemed Tendered, whether or not surrendered, shall be the valid obligations of the Corporation evidencing the same debt, and entitled to the same security and benefits under this Indenture, as the Notes surrendered upon such transfer or exchange or in lieu of which such Notes were issued.
Carrier shall provide Shipper with a monthly invoice on or about the fifteenth day of the month for transportation services rendered in the immediately prior month, setting forth the number of barrels Tendered (including barrels Deemed Tendered), the amount of any Volume Deficiency payment due and the calculation thereof, and the amount of any true-up for losses for the month pursuant to Section 2.5. Shipper shall render payment no later that 15 days after receipt.
Bonds Deemed Tendered for Purchase .......................................................
The Borrower hereby authorizes and directs the Trustee to draw moneys under the Credit Facility, in accordance with its terms and the terms of the Indenture, to the extent necessary to pay the principal of and interest on the Bonds when due and to pay the purchase price of Bonds Tendered or Deemed Tendered for Purchase.
The Issuer shall execute and the Trustee shall authenticate and deliver a new Bond or Bonds of like principal amount and denomination as any Bond Tendered or Deemed Tendered for Purchase.
This Placement and Remarketing Agreement is entered into by and among the Issuer, the Borrower and the Remarketing Agent to provide for (a) the initial placement of the Bonds, (b) the determination of the Variable Rate, as in effect from time to time, and (c) the remarketing of Bonds Tendered or Deemed Tendered for Purchase (as defined in the Indenture), all according to the terms and subject to the conditions set forth in this Placement and Remarketing Agreement.
With respect to Excess Bond Proceeds remaining in the Facility Fund after the Completion Date, the Borrower shall direct the Trustee in writing (a) to apply such Excess Bond Proceeds to redeem Bonds of the Series from which the Excess Bond Proceeds derive pursuant to Section 5.5 of the Indenture, or (b) to apply such Excess Bond Proceeds to purchase Bonds Tendered or Deemed Tendered for Purchase.
The purchase price of Bonds Tendered or Deemed Tendered for Purchase as provided in Article IV of this Indenture shall be payable by check or wire transfer with immediately available funds, but only from the moneys available therefor as described in Article IV of this Indenture.
If a Bond Purchase Principal Drawing under the Letter of Credit is honored by the Bank, the Borrower agrees that the Pledged Bonds Custodian shall receive and hold the Bonds Tendered or Deemed Tendered for Purchase for the benefit of the Bank in accordance with the Pledged Bonds Custody Agreement.
Any Bond or Bonds executed and authenticated in lieu of a Bond Tendered or Deemed Tendered for Purchase shall be delivered to the person to whom such Bond or Bonds would have been delivered as set forth in Section 4.5 hereof, and the Trustee shall register such Bond or Bonds as provided in Section 4.5 hereof.