Common use of Obligations of Issuer Clause in Contracts

Obligations of Issuer. Upon the receipt of a notice of Optional Redemption, Issuer shall pay to Investor the applicable Optional Redemption Price by wire transfer in U.S. Dollars in immediately available funds to a bank account notified in writing by Investor no later than the date specified in the redemption notice which must be a date not less than 3 months of the notice. In the event of a partial redemption, Issuer shall, upon receipt of this Note by Issuer for cancellation, promptly issue and deliver to Investor a new Note representing the outstanding principal amount that has not been redeemed.

Obligations of Issuer. Upon the receipt of a notice of Optional Redemption, Issuer shall pay to Investor the applicable Optional Redemption Price by wire transfer in U.S. Dollars dollars in immediately available funds to a bank account notified in writing by Investor no later than the date specified in the redemption notice notice, which must be a date not less than 3 months that is at least five business days after the date of the noticereceipt of the notice of Optional Redemption by Issuer. In the event of a partial redemption, Issuer shall, upon receipt of this Note by Issuer for cancellation, shall promptly issue and deliver to Investor a new Note representing the outstanding principal amount that has not been redeemed.