Outstanding Bonds Clause Samples

Outstanding Bonds. Upon the delivery of this Sixty-fifth Supplemental Indenture, Bonds of the Sixty-sixth Series in an aggregate principal amount of $140,000,000 are to be issued and will be Outstanding, in addition to $2,417,200,000 aggregate principal amount of bonds of prior series Outstanding at the date of delivery of this Sixty-fifth Supplemental Indenture; it being understood that, subject to the provisions of the Mortgage, there shall be no limit on the principal amount of bonds that may be authenticated and delivered under the Mortgage.

Outstanding Bonds. Upon the delivery of this Fifty-fifth Supplemental Indenture, Bonds of the Fifty-sixth Series in an aggregate principal amount of $90,000,000 are to be issued and will be Outstanding, in addition to $1,736,700,000 aggregate principal amount of bonds of prior series Outstanding at the date of delivery of this Fifty-fifth Supplemental Indenture.

Outstanding Bonds. 7 Form of Fully Registered Bond.......................................... 7 Form of Trustee's Certificate of Authentication Compliance with legal requirements.......................................................... 10

Outstanding Bonds. The Definitive Certificates outstanding at any time are all the Definitive Certificates authenticated by the Trustee except for those canceled by it, those delivered to it for cancellation, those reductions in the beneficial interests in the Global Certificate effected by the Trustee hereunder, and those described in this Section 2.8 as not outstanding. If the principal amount of any Definitive Certificate is considered paid under Section 4.1 hereof, it ceases to be outstanding. Except as set forth in Section 2.9 hereof, a Definitive Certificate does not cease to be outstanding because the Company or an Affiliate of the Company holds the Definitive Certificate.

Outstanding Bonds. The Bonds pledged hereunder by Pledgor constitute one hundred percent (100%) of all Bonds issued and outstanding under the Indenture with respect to the Project. No additional Bonds have been issued under the Indenture with respect to the Project.

Outstanding Bonds. The Bonds outstanding at any time are all the Bonds authenticated by the Trustee except for those canceled by it, those delivered to it for cancellation, those reductions in the interest in a Global Bond effected by the Trustee in accordance with the provisions hereof, and those described in this Section as not outstanding. Except as set forth in Section 2.9 hereof, a Bond does not cease to be outstanding because the Company or an Affiliate of the Company holds the Bond. If a Bond is replaced pursuant to Section 2.7 hereof, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Bond is held by a bona fide purchaser. If the principal amount of any Bond is considered paid under Section 4.1 hereof, it ceases to be outstanding and interest on it ceases to accrue. If the Paying Agent (other than the Company, a Subsidiary or an Affiliate of any thereof) holds, on a redemption date or maturity date, money sufficient to pay Bonds payable on that date, then on and after that date such Bonds shall be deemed to be no longer outstanding and shall cease to accrue interest.

Outstanding Bonds. Upon the delivery of this Thirty-sixth Supplemental Indenture, Bonds of the Thirty-fourth Series in the aggregate principal amount of $66,700,000 and Bonds of the Thirty-fifth Series in the aggregate principal amount of $17,000,000 are to be issued and will be Outstanding, in addition to $872,350,000 aggregate principal amount of bonds of prior series Outstanding at the date of delivery of this Thirty-sixth Supplemental Indenture.

Outstanding Bonds. Whenever any reference is made in this Agreement to “Outstanding Bonds” or “Bonds then Outstanding” or the like, such Bonds shall for purposes of construing this Agreement, be deemed to be still outstanding if the Bonds have been discharged under the Basic Resolution and the Supplemental Bond Resolution or otherwise paid, canceled or retired, other than as a result of the prepayment of Basic Rent or of any other payment from or on behalf of the Tenant accepted by the Issuer for the purpose of discharging or purchasing Bonds, even though such Bonds are not deemed outstanding for purposes of applying the Basic Resolution and the Supplemental Bond Resolution.

Outstanding Bonds. Upon the delivery of this Sixty-second Supplemental Indenture, Bonds of the Sixty-third Series in an aggregate principal amount of $180,000,000 are to be issued and will be Outstanding, in addition to $2,214,200,000 aggregate principal amount of bonds of prior series Outstanding at the date of delivery of this Sixty-second Supplemental Indenture (including $90,000,000 in principal amount of First Mortgage Bonds, 5.45% Series due 2019, to be paid with the proceeds of the issuance and sale of the Bonds of the Sixty-third Series).