Effect of Partial Payment. No endorsement or statement on any check or letter accompanying a check for payment of any monies due and payable under the terms of this Agreement shall be deemed an accord and satisfaction, and Licensor may accept such check or payment without prejudice to its right to recover the balance of such monies or to pursue any other remedy provided by law or in this Agreement.
Effect of Partial Payment. As a general rule, partial payment of a natural obligation does not make it civil; the part paid cannot be recovered but payment of the balance cannot be enforced (Id.).
Effect of Partial Payment. Upon principal payment of any Bond, each interest component that shall thereafter be payable by the Corporation hereunder shall be reduced, taking into account the interest rate on the corresponding Bonds remaining outstanding after the redemption of Bonds from the proceeds of such payment so that the interest component remaining payable under Section 6.01 hereof shall be sufficient to pay the interest on the Outstanding Bonds when due.
