Examples of Seventeenth Supplement in a sentence
In addition to electing the conversion, the Conversion Certificate shall include a certification to the effect that the Board is not in default of any of the provisions of this Seventeenth Supplement.
In no event shall the failure of Bonds to be converted for any reason be deemed to be, in and of itself, a default under this Seventeenth Supplement, so long as the Purchase Price of all Bonds required to be purchased is made available as provided above.
The Ohio Turnpike and Infrastructure Commission hereby elects to exercise its optional redemption rights as set forth in Section 3.02 of the Seventeenth Supplement and in the Senior Lien Master Trust Agreement to redeem the Redeemed 2010 Bonds.
Bonds not delivered to the Paying Agent shall constitute Undelivered Bonds and shall not be considered Outstanding under the Seventeenth Supplement on the Purchase Date.
The purchase of Tendered Bonds shall not extinguish the debt represented by such Bonds that shall remain Outstanding and unpaid under this Seventeenth Supplement.
The Company shall maintain as security for the obligations of the Company under this Seventeenth Supplement Indenture and the Notes, an equal and ratable sharing of the perfected security interest held by the collateral trustee under the uniform commercial code as in effect in the State of New York pursuant to the Security Agreements in the Collateral.
This Seventeenth Supplement shall inure to the benefit of and shall be binding upon the Issuer and the Board and their respective successors and assigns.
The Issuer and the Board agree that the representations, warranties and covenants contained in this Article 2 Q and elsewhere in this Seventeenth Supplement are for the use and benefit of any purchaser of the Bonds and the Trustee, and any such purchaser and the Trustee shall be entitled to rely thereon.
In the event that the entity at any time acting as Paying Agent/Registrar (or its successor by merger, acquisition, or other method) should resign or otherwise cease to act as such, the Board covenants that promptly it will appoint a competent and legally qualified bank, trust company, financial institution, or other agency to act as Paying Agent/Registrar under this Seventeenth Supplement.
Every replacement bond issued pursuant to the provisions of this Section by virtue of the fact that any Bond is lost, stolen, or destroyed shall constitute a contractual obligation of the Board whether or not the lost, stolen, or destroyed Bond shall be found at any time, or be enforceable by anyone, and shall be entitled to all the benefits of this Seventeenth Supplement equally and proportionately with any and all other Bonds duly issued under this Seventeenth Supplement.