Effect of notice of prepayment. After notice has been given and the moneys for the prepayment, including interest to the applicable Interest Payment Date and premium, if any, having been set aside in the Installment Payment Fund, the Certificate to be redeemed shall become due and payable on the Interest Payment Date, and, upon presentation and surrender thereof at the Trust Office specified in such notice, such Certificate shall be paid at the unpaid principal amount with respect thereto, and any unpaid and accrued interest to the Interest Payment Date.
Appears in 2 contracts
Samples: Trust Agreement, Trust Agreement
Effect of notice of prepayment. After notice has been given and the moneys for the prepayment, including interest to the applicable Interest Payment Date and premium, if anyDate, having been set aside in the Installment Payment Fund, the Certificate or portion thereof to be redeemed shall become due and payable on the Interest Payment Date, and, upon presentation and surrender thereof at the Principal Trust Office specified in such notice, such the Certificate or portion thereof shall be paid at a prepayment price equal to the unpaid principal amount with respect thereto, and any unpaid and accrued interest to the Interest Payment Date.
Appears in 1 contract
Samples: Trust Agreement
Effect of notice of prepayment. After notice has been given and the moneys Moneys for the prepayment, prepayment (including the interest to the applicable Interest Payment Date and premium, if any, date of prepayment) of Certificates having been set aside in the Installment Payment Fund, the Certificate to be redeemed shall Certificates will become due and payable on the Interest Payment Datedate of such prepayment, and, upon presentation and surrender thereof at the Trust Office specified in such noticeof the Trustee, such Certificate shall said Certificates will be paid at the unpaid principal amount with respect thereto, (or applicable portion thereof) represented thereby plus any applicable premium and any plus interest accrued and unpaid and accrued interest to the Interest Payment Datesaid date of prepayment.
Appears in 1 contract
Samples: Trust Agreement