Reference to Bonds Ineffective After Bonds Paid. Upon Payment of the Bonds and upon payment of all obligations under this Loan Agreement, all references in this Loan Agreement to the Bonds and the Trustee shall be ineffective, and neither the Trustee nor the holders of any of the Bonds shall thereafter have any rights hereunder except as provided in Section 7.2 hereof and except with regard to payments of any documented, out of pocket reasonable fees and expenses of the Issuer by the Company in accordance with this Loan Agreement.
Appears in 3 contracts
Sources: Loan Agreement (COMMERCIAL METALS Co), Loan and Guaranty Agreement (Enviva Inc.), Loan Agreement (COMMERCIAL METALS Co)
Reference to Bonds Ineffective After Bonds Paid. Upon Payment of the Bonds Bonds, including all fees and upon payment charges of all obligations under this Loan the Trustee and termination of the Reimbursement Agreement, and the Letter of Credit, all references in this Loan Agreement to the Bonds and the Trustee shall be ineffective, and neither the Trustee nor Trustee, the Authority, the Letter of Credit Issuer and the holders of any of the Bonds shall not thereafter have any rights hereunder except as provided in Section 7.2 hereof and except with regard to payments of any documentedright hereunder, out of pocket reasonable fees and expenses of the Issuer by the Company in accordance with this Loan Agreementexcepting those that shall have theretofore vested.
Appears in 2 contracts
Sources: Loan Agreement (Maxxam Inc), Loan Agreement (Maxxam Inc)
Reference to Bonds Ineffective After Bonds Paid. Upon Payment of the Bonds and upon payment of all obligations under this Loan Agreement, all references in this Loan Agreement to the Bonds and the Trustee shall be ineffective, and neither the Trustee nor the holders of any of the Bonds shall thereafter have any rights hereunder except as provided in Section 7.2 and 7.5 hereof and except with regard to payments of any documented, out of pocket reasonable fees and expenses of the Issuer by the Company in accordance with this Loan Agreement.
Appears in 1 contract
Reference to Bonds Ineffective After Bonds Paid. Upon Payment in Full of the Bonds and upon payment of all obligations under this Loan AgreementBonds, all references in this Loan Agreement to the Bonds and the Trustee shall be ineffective, ineffective and neither the Issuer, the Trustee nor the holders of any of the Bonds Bondholder shall thereafter have any rights hereunder hereunder, and the Borrower shall have no further obligation hereunder, except as provided in Section 7.2 hereof for any obligation to the Issuer, the Trustee, the Letter of Credit Bank or any Bondholder that shall have theretofore vested and except with regard to payments of any documented, out of pocket reasonable fees and expenses of the Issuer by the Company in accordance with this Loan Agreementthat shall then remain unsatisfied.
Appears in 1 contract
Sources: Loan Agreement (Peco Ii Inc)
Reference to Bonds Ineffective After Bonds Paid. Upon Payment payment of the Bonds and upon payment of all obligations under this Loan Agreement, all references in this Loan Agreement to the Bonds and the Trustee shall be ineffective, and neither the Trustee Trustee, the Issuer nor the holders of any of the Bonds shall thereafter have any rights hereunder except as provided in Section 7.2 6.6 hereof and except with regard to payments of any documented, out of pocket reasonable fees costs and expenses of the Trustee and the Issuer by the Company in accordance with this Loan AgreementLessee.
Appears in 1 contract
Reference to Bonds Ineffective After Bonds Paid. Upon Payment payment in full of the Bonds (or provision for payment thereof having been made in accordance with the provisions of the Bond Resolution) and upon payment all fees and expenses of all obligations under this Loan Agreementany disclosure agents or paying agents of the Bonds, all references in this Loan Agreement to the Bonds and the Trustee shall be ineffective, ineffective and neither the Trustee nor the holders no Holders of any of the Bonds shall thereafter have any rights hereunder except as provided in Section 7.2 hereof hereunder, saving and except with regard to payments of any documented, out of pocket reasonable fees and expenses of the Issuer by the Company in accordance with this Loan Agreementexcepting those that shall have heretofore vested.
Appears in 1 contract
Sources: Loan Agreement