Common use of Letter of Acknowledgment Clause in Contracts

Letter of Acknowledgment. Each Purchaser shall have received a letter from, or acknowledged and accepted by, the Trustee, in form and substance reasonably satisfactory to such Purchaser and the Purchasers’ special counsel, acknowledging and accepting the terms of Sections 13.1 (Direct Payment) 13.3 (Indemnity for Destroyed, Lost, or Stolen Bonds), 13.4 (Late Payments of Interest) and 13.5 (No Presentation of Bonds) hereof.

Appears in 3 contracts

Sources: Bond Purchase Agreement, Bond Purchase Agreement, Bond Purchase Agreement (Empire District Electric Co)