Undelivered Bonds definition

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.

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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 2008-2018 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 2008-2018 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

Owners of Undelivered Bonds shall have no rights or benefits under the Indenture with respect to such Bonds other than to receive the Purchase Amount for such Bonds upon surrender of such Bonds to the Trustee.
Thereafter, the Owners of such Undelivered Bonds shall not be entitled to any payment other than payment of the purchase price for such Undelivered Bonds upon surrender thereof to the Tender Agent and such Undelivered Bonds shall no longer be outstanding and entitled to the benefits of the Indenture.
Also, the Issuer shall execute and the Trustee or its Authenticating Agent shall authenticate and deliver Bonds in lieu of Undelivered Bonds.
Irrevocable Notice Deemed to be Tender of Bond; Undelivered Bonds.
The Tender Agent shall notify the Trustee and the Bond Registrar of any Undelivered Bonds.

More Definitions of Undelivered Bonds

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

Undelivered Bonds means Bonds that are deemed to have been tendered as provided in

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, (i) with respect to the Mandatory Purchase Provision, any 2022 Series D 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 2022 Series D 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.

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

Undelivered Bonds means those Bonds not delivered to the Paying Agent on any Redemption or Purchase Date relating to such Bonds.

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