Examples of owner of the Bonds in a sentence
The Fiscal Agent may become the owner of the Bonds with the same rights it would have if it were not the Fiscal Agent.
As long as DTC is the registered owner of the Bonds and DTC’s book‐entry method is used for the Bonds, the Paying Agent will send any notice of redemption or other notices to owners only to DTC.
Interest on the Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on the registry books of the Corporation or if authorized by the Supplemental Indenture authorizing a Series of Bonds by wire transfer to such registered owner of the Bonds of such Series.
Only if the owner of the Bonds is other than the Purchaser, if the Company shall fail to: (i) complete or cause the completion of the construction and equipping of the Project; or (ii) fail to make any payment or perform any other act required to be performed hereunder, then and in each such case the Trustee, upon not less than 5 days' prior written notice to the Company, may (but shall not be obligated to) remedy such default for the account of the Company and make advances for that purpose.
Worker’s compensation with statutory benefits including employers liability in such amount as is satisfactory to Bondowners, or, if such limits are established by law, in such amounts; provided, however, that as long as the Company is the owner of the Bonds, the Trustee is not required to maintain evidence of such insurance.
The Company will only accept offers with respect to the Bonds from a Bondholder or beneficial owner of the Bonds (or any person acting as agent, custodian, fiduciary or other intermediary capacity for a Bondholder or beneficial owner) who is not a U.S. person and who is outside the United States.
The Trustee shall also maintain a register of each beneficial owner of the Bonds upon receipt of written certification of such beneficial owner as to its beneficial ownership, accompanied by evidence thereof reasonably satisfactory to the Trustee and setting forth its address.
Only if the owner of the Bonds is other than the Purchaser, if the Borrower shall fail to (i) complete or cause the completion of the construction of the Project, or (ii) fail to make any payment or perform any other act required to be performed hereunder, then and in each such case the Trustee, upon not less than five (5 ) days’ prior written notice to the Borrower, may (but shall not be obligated to) remedy such default for the account of the Borrower and make advances for that purpose.
The Issuer, the Trustee and any agent of the Issuer or the Trustee may treat the person in whose name the Bonds are registered as the owner of the Bonds for the purpose of receiving payment of the Bond Obligations and for all other purposes whatsoever whether or not the Bonds are overdue, and, to the extent permitted by law, neither the Issuer, the Trustee nor any such agent shall be affected by notice to the contrary.
Payments of the principal of and premium, if any, and interest on the Bonds will be made to DTC or its nominee as registered owner of the Bonds on the applicable payment date.