Examples of Terms Indenture in a sentence
There shall at all times be hereunder, with respect to each Series, an Indenture Trustee, and such Indenture Trustee shall at all times be an institutional trustee that satisfies the requirements of TIA ss.310(a) and such additional requirements as may be set forth in the related Terms Indenture.
All monies deposited from time to time in the Bond Account for a Series pursuant to this Indenture and all investments made with such monies, including all income or other gain from such investments, shall be held by the Indenture Trustee or other Paying Agent in such Bond Account as part of the Trust Estate for the related Series as herein provided, subject to withdrawal by the Indenture Trustee or such other Paying Agent for the purposes set forth in the related Terms Indenture.
If and to the extent provided in the Terms Indenture for any Series, the Indenture Trustee will be authorized and directed to pay out of the Bond Account for such Series, prior to making payments on the Bonds, the fees and expenses of the Owner Trustee in accordance with the related Deposit Trust Agreement, the fees of any of the Persons referred to in Section 3.09(b) assisting the Issuer with respect to such Series and the fees of any Rating Agency assigning a rating to the Bonds of such Series.
To the extent specified in the related Terms Indenture, all Bonds of a Class issued under this Indenture shall in all other respects be equally and ratably entitled to the benefits hereof without preference, priority or distinction on account of the actual time or times of authentication and delivery, all in accordance with the terms and provisions of this Indenture.
Any Terms Indenture may set forth additional conditions and restrictions regarding amendments of and supplements to this Indenture with respect to the related Series.
If the Issuer shall elect to redeem Bonds pursuant to this Section 10.01, subject to the applicable provisions and restrictions set forth in the related Terms Indenture, it shall furnish notice of such election to the Indenture Trustee not later than 30 days prior to the Redemption Date whereupon all such Bonds shall be due and payable and the Issuer shall furnish a notice complying with Section 10.02 to each Holder of the Class or Classes being called for redemption pursuant to this Section 10.01.
At any meeting of Holders, unless otherwise provided in the related Terms Indenture, each Person entitled to vote at such meeting shall be entitled to one vote for each Individual Bond of the applicable Class and/or Series held and/or represented by such Person; provided, however, that no vote shall be cast or counted at any meeting in respect of any Bond challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding.
Each such account constituting the Bond Account for any Series shall be maintained in such manner and/or with such depository institutions as shall be specified in the related Terms Indenture.
Such Terms Indenture may modify or amend the terms of this Indenture solely as applied to such new Series and otherwise shall incorporate by reference these Standard Indenture Provisions.
Each Series shall be created by a Terms Indenture, authorized by the Issuer, that establishes the terms and provisions of such Series.