Registrable Bonds

Registrable Bonds. Shall mean the Bonds of any Holder; provided, however, that such Bonds shall cease to be Registrable Bonds when (i) a Registration Statement with respect to such Bonds shall have been declared effective under the 1933 Act and such Bonds shall have been disposed of pursuant to such Registration Statement, (ii) such Bonds can be sold to the public pursuant to Rule 144 (or any similar provision then in force, but not Rule 144A) under the 1933... Act, (iii) such Bonds shall have ceased to be outstanding or (iv) the Exchange Offer is consummated (except in the case of Bonds purchased from the Issuer and continued to be held by the Initial Purchasers). View More

Registrable Bonds. Means the Bonds; PROVIDED, HOWEVER, that the Bonds shall cease to be Registrable Bonds when (i) the Bonds have been exchanged for Exchange Bonds in an Exchange Offer as contemplated in Section 2(a); (ii) in the circumstances contemplated by Section 2(b), a registration statement registering the Bonds under the Securities Act has been declared or becomes effective and the Bonds have been sold or otherwise transferred by the holder thereof pursuant to such effective ... registration statement; (iii) the Bonds are sold pursuant to Rule 144 under circumstances in which any legend borne by the Bonds relating to restrictions on transferability thereof, under the Securities Act or otherwise, is removed or the Bonds are eligible to be sold pursuant to paragraph (k) of Rule 144; or (iv) the Bonds shall cease to be outstanding. View More