Undelivered Bonds definition

Undelivered Bonds means Bonds that are deemed to have been tendered as provided inthe FORMS OF THE BONDS set forth in Exhibit A hereto.

Undelivered Bonds means Bonds which are required to be delivered to the Tender Agent pursuant to the terms of this Order and which are not in fact delivered.

Undelivered Bonds means, (i) with respect to the Mandatory Purchase Provision, any 2021 Series L Bonds of the applicable Series which have not been delivered to the Tender Agent for purchase on or prior to the Change Date, or (ii) with respect to the Demand Purchase Option, any 2021 Series L Bonds not delivered to the Corporation or the Tender Agent for purchase after notice of tender within the time period prescribed by this Supplemental Resolution.

Examples of Undelivered Bonds in a sentence

• Bonds not delivered to the Paying Agent/Registrar shall constitute Undelivered Bonds and shall not be considered outstanding on the Purchase Date.

• Bonds not delivered to the Paying Agent shall constitute Undelivered Bonds and shall not be considered outstanding under the Resolution on the Purchase Date.

• Delivery and Payment for Purchased Bonds of a Series; Undelivered Bonds.

• If such Undelivered Bonds are to be remarketed, the Trustee shall authenticate and deliver new Bonds in replacement thereof pursuant to the remarketing of such Undelivered Bonds.

• Ownership of Undelivered Bonds shall be transferred to the purchaser thereof as provided in Section 4.01(d)(iv) above and the Tender Agent shall authenticate and deliver substitute Bonds in lieu of such Undelivered Bonds.

More Definitions of Undelivered Bonds

Undelivered Bonds means (i) with respect to the Mandatory Purchase Provision, any 2009 Bonds which have not been delivered to the Tender Agent for purchase on or prior to the Change Date, or (ii) with respect to the Demand Purchase Option, any 2009 Bonds not delivered to the Tender Agent for purchase after notice of tender within the time period prescribed by the Resolution.

Undelivered Bonds means Bonds which are deemed to have been tendered to the Trustee or Tender Agent, as applicable, for purchase pursuant to Section 301 or 302 hereof but which have not been surrendered to the Trustee or Tender Agent, as applicable.

Undelivered Bonds means Bonds that are deemed to have been tendered as provided in the form of the Bonds.

Undelivered Bonds means those Bonds subject to mandatory tender not delivered to the Paying Agent on any Purchase Date therefor.

Undelivered Bonds means any Bonds subject to purchase pursuant to Sections 5.01, 5.03 or 5.04 of this Indenture which the Owners have failed to deliver for purchase on the applicable Purchase Date in accordance with the terms and provisions of such Sections.

Undelivered Bonds means any Bonds subject to purchase pursuant to Section 4.01 or 4.02 which the Holder thereof has failed to deliver as described in such Sections.

Undelivered Bonds means (1) any Bond for which an Optional Tender Notice has been given pursuant to Section 203 hereof and which has not been delivered to the Tender Agent on the date specified for purchase and (ii) any Bond which has not been delivered to the Trustee for redemption or purchase when called for redemption or purchase on any optional or mandatory redemption or purchase date or the Conversion Date.