Common use of Authentication and Delivery of Environmental Control Bonds Clause in Contracts

Authentication and Delivery of Environmental Control Bonds. The Issuer may issue Environmental Control Bonds of a new Series from time to time as a Financing Issuance or a Refunding Issuance. Environmental Control Bonds of a new Series may from time to time be executed by an Authorized Officer and delivered to the Indenture Trustee for authentication and thereupon the same shall be authenticated and delivered by the Indenture Trustee upon delivery by the Issuer, at the Issuer’s expense, to the Indenture Trustee of the following:

Appears in 2 contracts

Sources: Indenture (MP Environmental Funding LLC), Indenture (PE Environmental Funding LLC)