Common use of MANDATORY REDEMPTION OF PROJECT BONDS Clause in Contracts

MANDATORY REDEMPTION OF PROJECT BONDS. If, as provided in the Project Bonds and the Indenture, the Project Bonds become subject to mandatory redemption, upon the date requested by the Trustee, the Borrower shall pay to the Trustee moneys sufficient to pay in full the Project Bonds in accordance with the mandatory redemption provisions relating thereto set forth in the Indenture.

MANDATORY REDEMPTION OF PROJECT BONDS. If, as provided in the Project Bonds and the Indenture, the Project Bonds become subject to mandatory redemptionredemption as a result of a Determination of Taxability, the Borrower shall deliver to the Trustee, upon the date requested by the Trustee, the Borrower shall pay to the Trustee moneys sufficient to pay in full the Project Bonds Bonds, as appropriate, in accordance with the mandatory redemption provisions relating thereto set forth in the Indenture.

MANDATORY REDEMPTION OF PROJECT BONDS. If, as provided in the Project Bonds and the Indenture, the Project Bonds become subject to mandatory redemptionredemption as a result of a Determination of Taxability or termination of the Letter of Credit or any Alternate Letter of Credit, the Borrower shall deliver to the Trustee, upon the date requested by the Trustee, the Borrower shall pay to the Trustee moneys sufficient to pay in full the Project Bonds in accordance with the mandatory redemption provisions relating thereto set forth in the Indenture.