Extraordinary Prepayment. (i) The extraordinary prepayment provisions set forth in Section 7.2(b) and Section 5.4(b) of the Master Lease shall not apply to Basic Lease Payments hereunder represented by the Series 2020A Certificates. Notwithstanding anything in the Series 2020A-1 Lease to the contrary, in lieu of the extraordinary prepayment provisions of Section 5.4(b) of the Master Lease, the amount that would be allocable to the Series 2020A-1 Facilities had they been subject to the extraordinary prepayment provisions of Section 5.4(b) of the Master Lease, shall be used instead in accordance with the following: Such Net Proceeds shall either (1) be applied to pay the Costs of other Facilities, in which case such other Facilities shall become subject to the provisions of this Series 2020A-1 Lease as fully as if they were the originally leased Series 2020A-1 Facilities or (2) at the direction of the School Board, upon delivery to the Trustee of a Favorable Opinion, such Net Proceeds shall be deposited in the Series 2020A-1 Lease Payment Account to be credited against Basic Lease Payments next coming due in accordance with Section 3.2(c) of the Master Lease.
Extraordinary Prepayment. (i) The extraordinary prepayment provisions set forth in Section 7.2(b) and Section 5.4(b) of the Master Lease shall not apply to Basic Lease Payments due under the Series 2020A-2 Lease.
Extraordinary Prepayment. The Series 2019B Principal shall be subject to prepayment in the event the Series 2006-1 Lease terminates prior to payment in full of all of the Basic Lease Payments due thereunder, to the extent the Trustee has moneys available for such purpose pursuant to the Series 2019B Trust Agreement and the Series 2006-1 Lease, to the extent and subject to the limitations provided in the Series 2019B Trust Agreement and the Series 2006-1 Lease.
Extraordinary Prepayment. The Certificates are subject to prepayment prior to their respective maturity dates on any date, in whole or in part, from Net Proceeds which the Trustee shall deposit in the Prepayment Fund as provided in Section 6.1(c) of the Lease at least 45 days prior to the date fixed for prepayment and credited towards the prepayment made by the City pursuant to Section 10.2(a) of the Lease, at a prepayment price equal to the principal amount thereof together with accrued interest to the date fixed for prepayment, without premium.
Extraordinary Prepayment. The Certificates are subject to prepayment prior to their respective maturity dates on any day, in whole or in part, from Net Proceeds which the Trustee shall deposit in the Prepayment Fund as provided in Section 6.1(c) of the Lease at least 45 days prior to the date set for such extraordinary prepayment and credited towards the prepayment made by the District pursuant to Section 10.2 of the Lease, at a prepayment price equal to the principal amount represented thereby, plus accrued interest with respect thereto to the date fixed for prepayment, without premium. In the event that Net Proceeds are to be applied to the prepayment of Certificates when Certificates and Additional Certificates, if any, are Outstanding, the Net Proceeds will be applied to prepay a proportionate amount of Certificates and Additional Certificates based on the Outstanding principal amount and by lot within any maturity or sinking account prepayment.
Extraordinary Prepayment. The TIF Note is subject to prepayment upon the demand of the Lender, in whole, at a redemption price equal to 100% of the principal amount outstanding thereof plus accrued interest to the redemption date, but only from any Tax Increment Revenues available therefor and any amounts held in the Project Fund or amounts payable by the Developer or by any guarantor of the Developer's obligations, in the event that:
Extraordinary Prepayment. The Obligations are subject to Prepayment by the Authority on any date prior to their respective stated maturities, upon notice as hereinafter provided, as a whole or in part randomly by lot within each stated maturity in integral multiples of Authorized Denominations, from prepayments made by the County pursuant to Section 7.02 of the Sublease, at a Prepayment price equal to the sum of the principal amount thereof, without premium, plus accrued interest thereon to the Prepayment Date. Whenever less than all of the Outstanding Obligations are to be redeemed on any one date, the Trustee shall select, in accordance with written directions from the Authority, the Obligations to be redeemed in part from the Outstanding Obligations so that the aggregate annual principal amount of and interest on Obligations which shall be payable after such Prepayment Date shall be as nearly proportional as practicable to the aggregate annual principal amount of and interest on Obligations Outstanding prior to such Prepayment Date.
Extraordinary Prepayment. The Series 2020A Certificates shall be subject to prepayment in the event that either or both of the Series 2020A Leases terminate prior to payment in full of all of the Basic Lease Payments due thereunder, to the extent the Trustee has moneys available for such purpose pursuant to this Series 2020A Trust Agreement and the Series 2020A Leases, to the extent and subject to the limitations provided in the Series 2020A Leases.
Extraordinary Prepayment. (a) The Authority covenants and agrees to inform the Trustee and the Purchaser in writing within five (5) Business Days after the day upon which the Authority is notified of, or otherwise obtains knowledge of, an Extraordinary Mandatory Purchase Event.
Extraordinary Prepayment. Within fifteen (15) days of receipt of any State Loan Proceeds, the District shall use such proceeds to prepay Principal Components then outstanding at a redemption price equal to the principal amount of such Principal Components being prepaid plus accrued interest thereon to the date fixed for prepayment, without premium.
