Common use of Certificates Payable on Redemption Date Clause in Contracts

Certificates Payable on Redemption Date. Notice of redemption, refinancing or purchase having been given as aforesaid (and not deemed revoked as contemplated in the proviso to Section 6.03(a)), the Certificates (or the purchase or refinancing price therefor) shall, on the applicable Redemption Date, become due and payable at the Redemption Price therefor at the principal corporate trust office of the Indenture Trustee or at any office or agency maintained for such purposes pursuant to Section 2.03, and from and after such Redemption Date (unless there shall be a default in the payment of the Redemption Price) any Certificates then Outstanding shall cease to bear interest. Unless payment prior to surrender is expressly provided for herein or in the Participation Agreement, upon surrender of any such Certificate for redemption or purchase in accordance with said notice such Certificate shall be paid at the Redemption Price. The Certificates shall not be subject to prepayment, redemption, refunding or refinancing except as provided in this Article 6 and in Section 8.02 hereof. If any Certificate called for redemption or purchase shall not be so paid upon surrender thereof for redemption or purchase, the principal amount thereof shall, until paid, continue to bear interest from the applicable Redemption Date at the interest rate applicable to such Certificate.

Certificates Payable on Redemption Date. Notice of redemption, refinancing or purchase redemption having been given as aforesaid (and not deemed revoked as contemplated in the proviso to Section 6.03(a))aforesaid, the Holders of the Certificates (or the purchase or refinancing price therefor) shallso to be redeemed shall be entitled, on the applicable Redemption Date, become due and payable at to payment of an amount equal to the Redemption Price therefor at the principal corporate trust office of the Indenture Trustee or at any office or agency maintained for such purposes pursuant to Section 2.03, therein specified and from and after such Redemption Date date (unless there shall be a default in the payment full amount of the Redemption PricePrice is not distributed) any the Holders of such Certificates then Outstanding shall cease to bear interestbe entitled to any further payment in respect of Interest. Unless payment prior to surrender is expressly provided for herein or in the Participation Agreement, upon Upon surrender of any such Certificate for redemption or purchase in accordance with said notice notice, the Holder of such Certificate shall be paid at by the Trustee an amount equal to the Redemption Price. The Installments of Interest with a due date on or prior to the Redemption Date shall be payable to the Holders of the Certificates shall not be subject to prepayment, redemption, refunding or refinancing except as provided in this Article 6 and in Section 8.02 hereofof the relevant Record Dates. If any Certificate called for redemption or purchase shall not be so paid upon surrender thereof for redemption or purchaseredemption, the principal amount thereof (and premium, if any) shall, until paid, continue to bear interest Interest from the applicable Redemption Date at the interest rate applicable to such prescribed in the Certificate.

Certificates Payable on Redemption Date. Notice of redemption, refinancing or purchase having been given as aforesaid (and not deemed revoked as contemplated in the proviso to Section 6.03(a)), the Certificates (or the purchase or refinancing price therefor) shall, on the applicable Redemption Date, become due and payable at the Redemption Price therefor at the principal corporate trust office of the Indenture Trustee or at any office or agency maintained for such purposes pursuant to Section 2.03, and from and after such Redemption Date (unless there shall be a default in the payment of the Redemption Price) any Certificates then Outstanding shall cease to bear interest. Unless payment prior to surrender is expressly provided for herein or in the Participation Agreement, upon surrender of any such Certificate for redemption or purchase in accordance with said notice such Certificate shall be paid at the Redemption Price. The Certificates shall not be subject to prepayment, redemption, refunding or refinancing except as provided in this Article 6 and in Section 8.02 hereof. If any Certificate called for redemption or purchase shall not be so paid upon surrender thereof for redemption or purchase, the principal amount thereof shall, until paid, continue to bear interest from the applicable Redemption Date at the interest rate applicable to such Certificate.. TRUST INDENTURE AND SECURITY AGREEMENT [N620SW] -28- 35 ARTICLE 7 MATTERS CONCERNING THE COMPANY

Certificates Payable on Redemption Date. Notice of redemption, refinancing or purchase having been given as aforesaid (and not deemed revoked as contemplated in the proviso to Section 6.03(a) or (b)), the Certificates so to be redeemed (or TRUST INDENTURE AND SECURITY AGREEMENT [N397SW] -29- 36 the purchase or refinancing price therefor) shall, on the applicable Redemption Date, become due and payable at the Redemption Price therefor at the principal corporate trust office of the Indenture Trustee or at any office or agency maintained for such purposes pursuant to Section 2.03, and from and after such Redemption Date (unless there shall be a default in the payment of the Redemption Price) any such Certificates then Outstanding shall cease to bear interest. Unless payment prior to surrender is expressly provided for herein or in the Participation Agreement, upon surrender of any such Certificate for redemption or purchase in accordance with said notice such Certificate shall be paid at the Redemption Price. The Certificates shall not be subject to prepayment, redemption, refunding or refinancing except as provided in this Article 6 and in Section 8.02 hereof. If any Certificate called for redemption or purchase shall not be so paid upon surrender thereof for redemption or purchase, the principal amount thereof shall, until paid, continue to bear interest from the applicable Redemption Date at the interest rate applicable to such Certificate.

Certificates Payable on Redemption Date. Notice of redemption, refinancing or purchase having been given as aforesaid (and not deemed revoked as contemplated in the proviso to Section 6.03(a) or (b)), the Certificates so to be redeemed (or TRUST INDENTURE AND SECURITY AGREEMENT [N396SW] -29- 36 the purchase or refinancing price therefor) shall, on the applicable Redemption Date, become due and payable at the Redemption Price therefor at the principal corporate trust office of the Indenture Trustee or at any office or agency maintained for such purposes pursuant to Section 2.03, and from and after such Redemption Date (unless there shall be a default in the payment of the Redemption Price) any such Certificates then Outstanding shall cease to bear interest. Unless payment prior to surrender is expressly provided for herein or in the Participation Agreement, upon surrender of any such Certificate for redemption or purchase in accordance with said notice such Certificate shall be paid at the Redemption Price. The Certificates shall not be subject to prepayment, redemption, refunding or refinancing except as provided in this Article 6 and in Section 8.02 hereof. If any Certificate called for redemption or purchase shall not be so paid upon surrender thereof for redemption or purchase, the principal amount thereof shall, until paid, continue to bear interest from the applicable Redemption Date at the interest rate applicable to such Certificate.