Common use of Expected Amortization Schedule for Principal Clause in Contracts

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing, on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: {(1) to the holders of the Series A, Tranche { } Energy Transition Bonds, until the Outstanding Amount of such Series A, Tranche { } Energy Transition Bonds thereof has been reduced to zero; and (2) to the holders of the Series A, Tranche { }Energy Transition Bonds, until the Outstanding Amount of such Series A, Tranche { } Energy Transition Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Energy Transition Bonds to the amount specified in the Expected Amortization Schedule that is attached as Schedule A hereto for such Tranche and Payment Date}.

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing, on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: {(1) to the holders of the Series A, Tranche { } A-1 Energy Transition Bonds, until the Outstanding Amount of such Series A, Tranche { } A-1 Energy Transition Bonds thereof has been reduced to zero; and (2) to the holders of the Series A, Tranche { }A-2 Energy Transition Bonds, until the Outstanding Amount of such Series A, Tranche { } A-2 Energy Transition Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Energy Transition Bonds to the amount specified in the Expected Amortization Schedule that is attached as Schedule A hereto for such Tranche and Payment Date}.