BONDS PAYABLE ON OPTIONAL REDEMPTION. Notice of redemption having been given as provided in Section 10.02, the Bonds to be redeemed shall, on the applicable Redemption Date, become due and payable at the Redemption Price and (unless the Issuer shall default in the payment of the Redemption Price) no interest shall accrue on such Redemption Price for any period after such Redemption Date.
Appears in 2 contracts
Samples: Schedules And (Aames Capital Acceptance Corp), Fund America Investors Corp Ii
BONDS PAYABLE ON OPTIONAL REDEMPTION. Notice of redemption having been given as provided in Section 10.02, the Bonds to be redeemed shall, on the applicable Optional Redemption Date, become due and payable at the Redemption Price and (unless the Issuer shall default in the payment of the Redemption Price) no interest shall accrue on such Redemption Price for any period after such Optional Redemption Date.
Appears in 2 contracts
Samples: Aames Capital Acceptance Corp, Aames Capital Acceptance Corp
