Common use of Interest on Bonds Called for Redemption Clause in Contracts

Interest on Bonds Called for Redemption. Upon the giving of notice and the deposit of Available Moneys for redemption at the required times on or prior to the date fixed for redemption, as provided in this Article, interest on the Bonds or portions thereof thus called shall no longer accrue after the date fixed for redemption.

Appears in 5 contracts

Samples: A Loan Agreement (Vermont Pure Holdings LTD), Trust Indenture (Piercing Pagoda Inc), Loan Agreement (Lannett Co Inc)

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Interest on Bonds Called for Redemption. Upon the giving of notice of redemption as required by Section 4.03 and the deposit of Available Moneys Money with the Trustee, in an amount sufficient to redeem all Bonds so called for redemption at the required times redemption, on or prior to the date fixed for redemption, as provided in this Article, interest on the Bonds or portions thereof thus so called for redemption shall no longer accrue after the date fixed for redemption.

Appears in 2 contracts

Samples: Loan Agreement (Gateway Trade Center Inc.), Loan Agreement (Gateway Trade Center Inc.)

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Interest on Bonds Called for Redemption. Upon the giving of notice and the deposit of Available Moneys Money for redemption at the required times on or prior to the date fixed for redemption, as provided in this Article, interest on the Bonds or portions thereof thus called shall no longer accrue after the date fixed for redemption.

Appears in 1 contract

Samples: Loan Agreement (Gateway Trade Center Inc.)

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