Prior Bonds Trustee definition
Examples of Prior Bonds Trustee in a sentence
In accordance with the Indenture, the Trustee will deliver or will cause the Underwriter to deliver all of such proceeds to the Prior Bonds Trustee to be applied, together with other moneys provided by the Company, to defease and redeem the Prior Bonds in full and discharge the Prior Indenture.
All corporate and other proceedings in connection with the transactions contemplated by this Agreement and all documents and instruments incident to such transactions shall be reasonably satisfactory to the Revolver Administrative Agent and its counsel, and the Revolver Administrative Agent and its counsel shall have received all such counterpart originals or certified or other copies of such documents as the Revolver Administrative Agent or such counsel may reasonably request.
Interest with respect to the Prior Bonds to be prepaid will cease to accrue on and after the Prepayment Date, and such Prior Bonds will be surrendered to the Prior Bonds Trustee.
The Successor Agency hereby instructs the Prior Bonds Trustee to transfer $ from the [Reserve Account] maintained pursuant to the Prior Indenture.
The procedures set forth in Article VI of the Prior Indenture relating to the removal, resignation and merger of the Prior Bonds Trustee under the Prior Indenture are also incorporated in this Agreement as if set forth in full herein and shall be the procedures to be followed with respect to any removal, resignation or merger of the Escrow Bank hereunder.