Obligation to Make Interest Rate Contract Payments Sample Clauses

Obligation to Make Interest Rate Contract Payments. The obligation of the Authority to make fixed rate interest payments under the Interest Rate Contract is a Class I Auxiliary Obligation (and therefore a Class I Obligation) under the Indenture and the obligation of the Authority to make other payments under the Interest Rate Contract is a General Obligation of the Authority and is not secured by the Trust Estate. Regularly scheduled payments under the Interest Rate Contract shall be deemed to be interest for purposes of Section 5.5(d)(i)(C) of the Master Indenture.
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Related to Obligation to Make Interest Rate Contract Payments

  • Termination Payments In the event of termination of the employment of Executive, all compensation and benefits set forth in this Agreement shall terminate except as specifically provided in this paragraph 4:

  • Termination Payment The final payment delivered to the Certificateholders on the Termination Date pursuant to the procedures set forth in Section 9.01(b).

  • Agreement Amount The District shall pay ESD112 an amount of $2,577.73 for services provided under this Agreement as described in Section 1.1 above and Section 4 below.

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