Initial Principal Balance. All references in the Note to $198,000 shall be changed to $425,365.48.
Initial Principal Balance. The initial principal balance (the “Initial Principal Balance”) of this Note shall be an amount up to [ ], as determined in accordance with the terms of Sections 2.6(d) and (e) of the Stock Purchase Agreement. Regardless of the date of determination of the Initial Principal Balance, interest shall accrue on the Initial Principal Balance from and after the Issuance Date (i.e., interest on the Initial Principal Balance will be computed retroactively to the Issuance Date after determination of the Initial Principal Balance in accordance with the terms of Section 2.6 of the Stock Purchase Agreement).
Initial Principal Balance. All references in the Note to $20,000 shall be changed to $42,966.21.
Initial Principal Balance. INTEREST RATE; EXPECTED FINAL PAYMENT DATE; FINAL MATURITY DATE The Transition Bonds of each Class of the Series 2001-1 Transition Bonds shall have the initial principal balance, Expected Final Payment Date and Final Maturity Date and bear interest at the interest rate (the "Interest Rate") -------- ---- as set forth below: Initial Principal Expected Final Final Class Balance Payment Date Maturity Date Interest Rate --------- ----------------- -------------- ------------- ------------- A-1 $115,000,000 09/15/05 09/15/07 3.84% A-2 118,000,000 09/15/07 09/15/09 4.76% A-3 130,000,000 09/15/09 09/15/11 5.16% A-4 385,897,000 09/15/13 09/15/15 5.63% The Expected Final Payment Date for each Class of the Series 2001-1 Transition Bonds will be the date when the outstanding principal balance of that Class will be reduced to zero if payments are made according to the Expected Amortization Schedule for that Class. The Final Maturity Date for each Class of the Series 2001-1 Transition Bonds will be the date when the Issuer is required to pay the entire remaining unpaid principal balance, if any, of all outstanding Series 2001-1 Transition Bonds of that Class.
