Common use of Effect of Redemption Clause in Contracts

Effect of Redemption. From and after the date fixed for redemption, if funds available for the payment of the principal of and interest (and premium, if any) on the Bonds so called for redemption shall have been duly provided, such Bonds so called shall cease to be entitled to any benefit under this Indenture other than the right to receive payment of the redemption price, and no interest shall accrue thereon from and after the redemption date specified in such notice. All Bonds redeemed or purchased pursuant to this Section shall be canceled and shall be surrendered to the Agency.

Effect of Redemption. From and after the date fixed for redemption, if funds available for the payment of the principal of of, and interest (and premiumany premium on, if any) on the Bonds so called for redemption shall have been duly provideddeposited in the Bond Fund, such Bonds so called shall cease to be entitled to any benefit under this Indenture Agreement other than the right to receive payment of the redemption price, and no interest shall accrue thereon from and on or after the redemption date specified in such notice. All Bonds redeemed or and purchased by the Fiscal Agent pursuant to this Section shall be canceled and shall be surrendered to the Agency.Section

Effect of Redemption. From and after the date fixed for redemption, if funds available for the payment of the principal of and interest (and premium, if any) on the Bonds so called for redemption shall have been duly provided, such Bonds so called shall cease to be entitled to any benefit under this Indenture other than the right to receive payment of the redemption price, and no interest shall accrue thereon from and after the redemption date specified in such notice. All Bonds redeemed or purchased pursuant to this Section 2.2 shall be canceled cancelled and shall be surrendered to the Agencydestroyed.

Effect of Redemption. From and after the date fixed for redemption, if funds available for the payment of the principal redemption price of and interest (and premium, if any) on the Bonds so called for redemption shall have been duly provideddeposited with the Trustee, such Bonds so called shall cease to be entitled to any benefit under this Indenture other than the right to receive payment of the redemption priceprice and accrued interest to the redemption date, and no interest shall accrue thereon from and after the redemption date specified in such notice. All Bonds redeemed or purchased pursuant to this Section shall be canceled and shall be surrendered to the Agency.

Effect of Redemption. From and after the date fixed for redemption, if funds available for the payment of the principal of and interest (and premium, if any) on the Bonds so called for redemption shall have been duly provided, such Bonds so called shall cease to be entitled to any benefit under this Indenture other than the right to receive payment of the redemption price, and no interest shall accrue thereon from and after the redemption date specified in such notice. All Bonds redeemed or purchased pursuant to this Section 2.02 shall be canceled and shall be surrendered to the Agencydestroyed.

Effect of Redemption. From and after the date fixed for redemption, if funds available for the payment of the principal redemption price of and interest (and premium, if any) on the Bonds so called for redemption shall have been duly provideddeposited with the Trustee, such Bonds so called shall such cease to be entitled to any benefit under this Indenture other than the right to receive payment of the redemption priceprice and accrued interest to the redemption date, and no interest shall accrue thereon from and after the redemption date specified in such notice. All Bonds redeemed or purchased pursuant to this Section shall be canceled and shall be surrendered to the Agency.

Effect of Redemption. From and after the date fixed for redemption, if funds available for the payment of the principal of and interest (and premium, if any) on the Authority Bonds so called for redemption shall have been duly provided, such Authority Bonds so called shall cease to be entitled to any benefit under this Indenture other than the right to receive payment of the redemption price, and no interest shall accrue thereon from and after the redemption date specified in such notice. All Authority Bonds redeemed or purchased pursuant to this Section 2.2 shall be canceled and shall be surrendered to the Agencydestroyed.

Effect of Redemption. From and after the date fixed for redemption, if notice of such redemption shall have been duly given and funds available for the payment of the principal such redemption price of and interest (and premium, if any) on the Bonds so called for redemption shall have been duly provided, such Bonds so called shall cease to be entitled to any benefit under this Indenture other than the right to receive payment of the redemption price, and no interest shall accrue thereon on such Bonds from and after the redemption date specified in such notice. All Bonds redeemed or purchased pursuant to the provisions of this Section section shall be canceled and shall be surrendered to the Agencycanceled.

Effect of Redemption. From and after the date fixed for redemption, if funds available for the payment of the principal of of, and interest (and premiumany premium on, if any) on the Bonds so called for redemption shall have been duly provideddeposited in the Bond Fund, such Bonds so called shall cease to be entitled to any benefit under this Indenture Agreement other than the right to receive payment of the redemption price, and no interest shall accrue thereon from and on or after the redemption date specified in such notice. All Bonds redeemed or purchased pursuant to this Section shall be canceled and shall be surrendered to the Agency.

Effect of Redemption. From and after the date fixed for redemption, if funds available for the payment of the principal of (including sinking payments) and interest (and premium, if any) , on the Bonds so called for redemption shall have been duly provideddeposited in the Redemption Fund on the date fixed for redemption, such Bonds so called shall cease to be entitled to any benefit under this Indenture Agreement other than the right to receive payment of the redemption price, and no interest shall accrue thereon from and on or after the redemption date specified in such notice. All Bonds redeemed or purchased pursuant to this Section shall be canceled and shall be surrendered to the Agency.