Question
Please choose the appropriate term for the following. So long as any Bonds are Outstanding, the Bond Issuer shall not: (a) except as expressly permitted
Please choose the appropriate term for the following.
So long as any Bonds are Outstanding, the Bond Issuer shall not:
(a) except as expressly permitted by this Bond Indenture, sell, transfer, exchange or otherwise dispose of any of the properties or assets of the Bond Issuer, including those included in the Collateral, unless directed to do so by the Bond Trustee in accordance with Article V;
(b) claim any credit on, or make any deduction from the principal or interest payable in respect of, the Bonds (other than amounts properly withheld from such payments under the Code) or assert any claim against any present or former Bondholder by reason of the payment of the taxes levied or assessed upon any part of the Collateral;
Answer [ ]
A.Indenture
B.Covenant
C.Credit ratings
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