Allocation of Principal and Interest Sample Clauses
Allocation of Principal and Interest. Each payment of principal of and interest on each Note shall be applied, first, to the payment of accrued but unpaid interest on such Note (as well as any interest on overdue principal or, to the extent permitted by applicable Law, overdue interest) to the date of such payment, second, to the payment of the principal amount of and interest on such Note then due (including any overdue installment of principal) thereunder, and third, the balance, if any, to the payment of the principal amount of such Note remaining unpaid.
Allocation of Principal and Interest. Except as otherwise provided in Section 8.6, each payment of principal of and premium, if any, and interest on each Bond shall be applied, first, to the payment of accrued but unpaid interest on such Bond (as well as any interest on overdue principal or, to the extent permitted by applicable Law, overdue interest) to the date of such payment, second, to the payment of the principal amount of and premium, if any, on such Bond then due (including any overdue installment of principal) thereunder, and third, the balance, if any, to the payment of the principal amount of such Bond remaining unpaid.
Allocation of Principal and Interest. Each payment of principal of and interest on each Note shall be applied, first, to the payment of accrued but unpaid interest (other than Additional Interest Amounts but including Amounts in Arrears), and any Additional Amounts related thereto to the date of such payment, second, to the payment of accrued and unpaid Additional Interest Amounts, and any Additional Amounts related thereto, and third, the balance, if any, on the Maturity Date to the payment of the principal amount of such Note remaining unpaid, and any Additional Amounts related thereto.
Allocation of Principal and Interest. Each payment of principal of and premium, if any, and interest on each Security shall be applied, first, to the payment of accrued but unpaid interest on such Security (as well as any interest on overdue principal or, to the extent permitted by applicable Law, overdue interest) to the date of such payment, second, to the payment of the principal amount of and premium, if any, on such Security then due (including any overdue installment of principal) thereunder and, third, the balance, if any, to the payment of the principal amount of and premium, if any, on such Security remaining unpaid.
Allocation of Principal and Interest. Each payment of principal of and premium, if any, and interest on each Bond shall be applied, FIRST, to the payment of accrued but unpaid interest on such Bond (as well as any interest on overdue principal or, to the extent permitted by applicable Applicable Law, overdue interest) to the date of such payment, SECOND, to the payment of the principal amount of and premium, if any, on such Bond then due (including any overdue installment of principal) thereunder, and THIRD, the balance, if any, to the payment of the principal amount of such Bond remaining unpaid.
Allocation of Principal and Interest. Each payment of principal of and premium, if any, and interest on each Bond shall be applied, first, to the payment of accrued but unpaid interest on such Bond (as well as any interest on overdue principal or, to the extent permitted by Applicable Law, overdue interest) to the date of such payment, second, to the payment of the principal amount of and premium, if any, on such Bond then due (including any overdue installment of principal) thereunder, and third, the balance, if any, to the payment of the principal amount of such Bond remaining unpaid.
Allocation of Principal and Interest. 35 SECTION 2.17 MONIES UNCLAIMED...........................................................................35
Allocation of Principal and Interest. Each payment of principal of and premium, if any, and interest and Additional Amounts on each Note shall be applied, first, to the payment of accrued but unpaid interest on such Note (as well as any interest on overdue principal or, to the extent permitted by applicable Law, overdue interest) to the date of such payment, second, to the payment of the principal amount of and premium and Additional Amounts, if any, on such Note then due (including any overdue principal) thereunder and, third, the balance, if any, to the payment of the principal amount of such Note remaining unpaid.
Allocation of Principal and Interest. Except as otherwise provided by Section 5.7 with respect to Events of Default, each payment of principal of and interest on each Note shall be applied, first, to the payment of accrued but unpaid interest (other than Additional Interest Amounts but including Amounts in Arrears), and any Additional Amounts related thereto to the date of such payment, second, to the payment of accrued and unpaid Additional Interest Amounts, and any Additional Amounts related thereto, and third, the balance, if any, on the Maturity Date or Redemption Date, as applicable, to the payment of the principal amount of such Note remaining unpaid, and any Additional Amounts related thereto.
Allocation of Principal and Interest. 26 SECTION 2.16 PARITY OF BONDS........................................26 SECTION 2.17 CUSIP NUMBERS..........................................26 ARTICLE 3 RESERVED .........................................................27 ARTICLE 4 RESERVED .........................................................27