Interest and Redemption Price. After receipt of the federal funds or similar same-day funds and instructions from the Issuer, the Paying Agent shall pay to the Holders (or former Holders) entitled thereto (i) on each corresponding Interest Payment Date, interest on the Tortoise Notes, and (ii) on any date fixed for redemption, the redemption price of any Tortoise Notes called for redemption. The amount of interest for any Rate Period to be paid by the Paying Agent to Holders will be determined by the Issuer as set forth in this Supplemental Indenture. The redemption price to be paid by the Paying Agent to the Holders of any Tortoise Notes called for redemption will be determined as set forth in this Supplemental Indenture. The Paying Agent shall have no duty to determine the redemption price and may rely conclusively on the amount thereof set forth in the Notice of Redemption.
Appears in 8 contracts
Samples: Supplemental Indenture of Trust (Tortoise Energy Infrastructure Corp), Supplemental Indenture of Trust (Tortoise Energy Infrastructure Corp), Supplemental Indenture of Trust (Tortoise Energy Infrastructure Corp)
