Common use of Corresponding Payments Clause in Contracts

Corresponding Payments. The payment or prepayment of principal, interest and premium, if any, due on the Funding Loan and the Governmental Lender Note shall be identical with and shall be made on the same dates, terms and conditions, as the principal, interest, premiums, late payment fees and other amounts due on the Borrower Note. Any payment or prepayment made by the Borrower of principal, interest, and Prepayment Premium, if any, due on a Borrower Note shall be deemed to be like payments or prepayments of principal, interest and Prepayment Premium, if any, due on the related Governmental Lender Note.

Appears in 2 contracts

Samples: Funding Loan Agreement, Funding Loan Agreement

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Corresponding Payments. The payment or prepayment of principal, interest and premium, if any, due on the Funding Loan and the Governmental Lender Note shall be identical with and shall be made on the same dates, terms and conditions, as the principal, interest, premiumsPrepayment Premium, late payment fees and other amounts due on the Borrower Note. Any payment or prepayment made by the Borrower of principal, interest, and Prepayment Premiumpremium, if any, due on a the Borrower Note shall be deemed to be like payments or prepayments of principal, interest and Prepayment Premium, if any, due on the related Governmental Lender Note.

Appears in 1 contract

Samples: Funding Loan Agreement

Corresponding Payments. The payment or prepayment of principal, interest and premium, if any, due on the Funding Loan and the Governmental Lender Note Notes shall be identical with and shall be made on the same dates, terms and conditions, as the principal, interest, premiums, late payment fees and other amounts due on the corresponding Borrower NoteNotes. Any payment or prepayment made by the Borrower of principal, interest, and Prepayment Premium, if any, due on a the corresponding Borrower Note Notes shall be deemed to be like payments or prepayments of principal, interest and Prepayment Premium, if any, due on the related Funding Loan and the corresponding Governmental Lender NoteNotes.

Appears in 1 contract

Samples: Funding Loan Agreement

Corresponding Payments. The payment or prepayment of principal, interest and premium, if any, due on the Funding Loan and the Governmental Lender Note shall be identical with to and shall be made on the same dates, terms and conditions, as the principal, interest, premiums, late payment fees and other amounts due on the Borrower Note. Any payment or prepayment made by the Borrower of principal, interest, interest and Prepayment Premiumpremium, if any, due on a the Borrower Note shall be deemed to be like payments or prepayments of principal, interest and Prepayment Premiumpremium, if any, due on the related Funding Loan and the Governmental Lender Note.

Appears in 1 contract

Samples: Funding Loan Agreement

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Corresponding Payments. The payment or prepayment of principal, interest and premium, if any, due on the Funding Loan and the each Governmental Lender Note shall be identical with and shall be made on the same dates, terms and conditions, as the principal, interest, premiums, late payment fees and other amounts due on the related Borrower Note. Any payment or prepayment made by the Borrower of principal, interest, and Prepayment Premiumpremium, if any, due on a Borrower Note shall be deemed to be like payments or prepayments of principal, interest and Prepayment Premiumpremium, if any, due on the Funding Loan and the related Governmental Lender Note.

Appears in 1 contract

Samples: Funding Loan Agreement

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