Common use of Mandatory Redemption Upon Invalidity Clause in Contracts

Mandatory Redemption Upon Invalidity. In the event of a prepayment pursuant to Section 7.3(a) of the Agreement as a result of invalidity, Authority Notes Outstanding on the date of the occurrence of the invalidity shall be redeemed in whole at any time within 30 days thereafter, at a redemption price of 100% of the principal amount thereof, without premium, plus accrued interest to the date of redemption. No redemption of Authority Notes shall be made pursuant to any of the other provisions of this Section 4.01 following invalidity.

Mandatory Redemption Upon Invalidity. In As set forth in the Indenture, in the event of a prepayment pursuant to Section 7.3(a) of the Agreement as a result of invalidity, the Authority Notes Outstanding on the date of the occurrence of the invalidity shall be redeemed in whole at any time within 30 days thereafter, at a redemption price of 100% of the principal amount thereof, without premium, plus accrued interest to the date of redemption. No redemption of the Authority Notes shall be made pursuant to any of the other redemption provisions of this Section 4.01 the Indenture following invalidity.

Mandatory Redemption Upon Invalidity. In the event of a prepayment pursuant to Section 7.3(a) of the Agreement as a result of invalidity, Authority Notes the Bonds Outstanding on the date of the occurrence of the invalidity shall be redeemed in whole at any time within 30 days thereafter, at a redemption price of 100% of the principal amount thereof, without premium, plus accrued interest to the date of redemption. No redemption of Authority Notes the Bonds shall be made pursuant to any of the other redemption provisions of this Section 4.01 the Indenture following invalidity.

Mandatory Redemption Upon Invalidity. In the event of a prepayment pursuant to Section 7.3(a) of the Agreement as a result of invalidity, Authority Notes Bonds Outstanding on the date of the occurrence of the invalidity shall be redeemed in whole at any time within 30 days thereafter, at a redemption price of 100% of the principal amount thereof, without premium, plus accrued interest to the date of redemption. No redemption of Authority Notes Bonds shall be made pursuant to any of the other provisions of this Section 4.01 following invalidity.