Notes Payable on Optional Redemption Date. Notice of redemption having been given as provided in Section 10.02 hereof; the Notes to be redeemed shall on the Optional Redemption Date become due and payable at the Optional Redemption Price and (unless the Note Issuer shall default in the payment of the Optional Redemption Price) no interest shall accrue on the Optional Redemption Price for any period after the date to which accrued interest is calculated for purposes of calculating the Optional Redemption Price.
Appears in 3 contracts
Samples: Indenture (Illinois Power Securitization Limited Liability Co), Illinois Power Securitization Limited Liability Co, Illinois Power Securitization Limited Liability Co
Notes Payable on Optional Redemption Date. Notice of redemption having been given as provided in Section 10.02 hereof; , the Notes to be redeemed shall on the Optional Redemption Date become due and payable at the Optional Redemption Price and (unless the Note Issuer shall default in the payment of the Optional Redemption Price) no interest shall accrue on the Optional Redemption Price for any period after the date to which accrued interest is calculated for purposes of calculating the Optional Redemption Price.
Appears in 3 contracts
Samples: Indenture (Comed Funding LLC), Indenture (Comed Funding LLC), Indenture (Comed Funding LLC)
Notes Payable on Optional Redemption Date. Notice of redemption having been given as provided in Section 10.02 hereof; 10.02, the Notes to be redeemed shall on the Optional Redemption Date become due and payable at the Optional Redemption Price and (unless the Note Issuer shall default in the payment of the Optional Redemption Price) no interest shall accrue on the Optional Redemption Price for any period after the date to which accrued interest is calculated for purposes of calculating the Optional Redemption Price.
Appears in 2 contracts
Samples: Interest Original Principal (Central & South West Corp), CPL Transition Funding LLC
