Common use of Cancellation of Definitive Bonds Clause in Contracts

Cancellation of Definitive Bonds. All Definitive Bonds when paid, whether at maturity or upon redemption, shall be delivered to the Fiscal Agent, and, if not already cancelled, shall be promptly cancelled and delivered or disposed of upon a Direction of the State.

Appears in 3 contracts

Sources: Master Fiscal Agency Agreement (Israel, State Of), Master Fiscal Agency Agreement (Israel State Of), Master Fiscal Agency Agreement (Israel State Of)

Cancellation of Definitive Bonds. All Definitive Bonds when paid, whether at maturity or upon redemption, shall be delivered to the Fiscal Agent, and, if not already cancelled, shall be promptly cancelled and delivered or disposed of upon a Direction of the State.. ARTICLE V Redemption at Option of the State Section 5.1 Bonds Subject to Redemption Unless otherwise provided in the terms of the Bonds or the applicable Supplement, the Bonds shall be subject to redemption at the option of the State, in accordance with the provisions of this Article V. 19

Appears in 1 contract

Sources: Master Fiscal Agency Agreement