Reference to Bonds Ineffective After Bonds Paid. Upon payment of all principal of, premium, if any, and interest due and owing on the Bonds, payment in full of the purchase price of Bonds required to be purchased pursuant to the Indenture, and payment of all fees and charges of the Issuer, the Trustee, the Registrar and the Paying Agent, all references herein to the Bonds and the Trustee shall be ineffective and neither the Issuer, the Trustee nor the holders of any of the Bonds shall thereafter have any rights hereunder and the Company shall have no further obligation hereunder, saving and excepting those that shall have theretofore vested and any right of the Issuer or the Trustee to indemnification under Section 7.1 and payment of fees under Section 9.3, which right shall survive the payment of all principal of, premium if any, and interest on the Bonds and the termination of this Agreement. Reference is hereby made to Article VIII of the Indenture.
Appears in 1 contract
Sources: Loan Agreement (Dte Energy Co)
Reference to Bonds Ineffective After Bonds Paid. Upon payment of all principal of, premium, if any, and interest due and owing on the Bonds, payment in full of the purchase price of Bonds required to be purchased pursuant to the Indenture, and payment of all fees and charges of the Issuer, the Trustee, the Registrar and the Paying Agent, all references herein to the Bonds and the Trustee shall be ineffective and neither the Issuer, the Trustee nor the holders of any of the Bonds shall thereafter have any rights hereunder and the Company shall have no further obligation hereunder, saving and excepting those that shall have theretofore vested and any right of the Issuer or the Trustee to indemnification under Section 7.1 or 7.12 and payment of fees under Section 9.3, which right shall survive the payment of all principal of, premium if any, and interest on the Bonds and the termination of this Agreement. Reference is hereby made to Article VIII of the Indenture.
Appears in 1 contract
Sources: Loan Agreement (Dte Energy Co)
Reference to Bonds Ineffective After Bonds Paid. Upon payment of all principal of, premium, if any, and interest Debt Service due and owing on relating to the Bonds, payment in full of the purchase price Purchase Price of Bonds required to be purchased pursuant to the Indenture, and payment of all fees and charges of the Issuer, the Trustee, the Registrar Trustee and the Paying Agent, all references herein to the Bonds and the Trustee shall be ineffective and neither the Issuer, the Trustee nor the holders of any of the Bonds shall thereafter have any rights hereunder and the Company shall have no further obligation hereunder, saving and excepting those that shall have theretofore vested and any right of the Issuer or the Trustee to indemnification under Section 7.1 6.1 and payment of fees under Section 9.37.3, which right rights shall survive the payment of all principal of, premium if any, and interest on Debt Service due relating to the Bonds and the termination of this Agreement. Reference is hereby made to Article VIII XV of the Indenture.
Appears in 1 contract