Common use of Expected Amortization Schedule Clause in Contracts

Expected Amortization Schedule. The Expected Amortization Schedule for the initial Series of Rate Stabilization Bonds is attached hereto as Schedule 4.01(a). In connection with the Issuer’s issuance of any additional Series of Rate Stabilization Bonds after the Closing Date, the Servicer, on or prior to the Series Issuance Date therefor, shall revise the Expected Amortization Schedule to add a new schedule for each new Series of Rate Stabilization Bonds and set forth, as of each Payment Date through the latest Scheduled Final Payment Date for any Series of Rate Stabilization Bonds, the aggregate principal amounts of the Rate Stabilization Bonds of all Series, including such additional Series, expected to be outstanding on such Payment Date. If the Expected Amortization Schedule is revised as set forth above, the Servicer shall send a copy of such revised Expected Amortization Schedule to the Issuer, the Indenture Trustee and the Rating Agencies promptly thereafter.

Expected Amortization Schedule. The Expected Amortization Schedule for the initial Series of Rate Stabilization Transition Bonds is attached hereto as Schedule 4.01(a). In connection with the Issuer’s issuance of any additional Series of Rate Stabilization Transition Bonds after the Closing Date, the Servicer, on or prior to the Series Issuance Date therefor, shall revise the Expected Amortization Schedule to add a new schedule for each new Series of Rate Stabilization Transition Bonds and set forth, as of each Payment Date through the latest Scheduled Final Payment Date for any Series of Rate Stabilization Transition Bonds, the aggregate principal amounts of the Rate Stabilization Transition Bonds of all Series, including such additional Series, expected to be outstanding on such Payment Date. If the Expected Amortization Schedule is revised as set forth above, the Servicer shall send a copy of such revised Expected Amortization Schedule to the Issuer, the Indenture Trustee and the Rating Agencies promptly thereafter.