Common use of Partial Prepayment of Certificate Clause in Contracts

Partial Prepayment of Certificate. Upon surrender of any Certificate prepaid in part only, the Trustee will execute and deliver to the Owner thereof, at the expense of the City, a new Certificate or Certificates of the same series and maturity, equal in aggregate principal amount to the unprepaid portion of the Certificate surrendered.

Partial Prepayment of Certificate. Upon surrender of any Certificate prepaid in part only, the Trustee will shall execute and deliver to the Owner thereof, at the expense of the CityDistrict, a new Certificate or Certificates of the same series and maturity, authorized denominations equal in aggregate principal amount to the unprepaid portion of the Certificate surrenderedsurrendered and of the same series, interest rate and maturity.

Partial Prepayment of Certificate. Upon surrender of any the Certificate prepaid in part only, the Trustee will Trust Administrator shall execute and deliver to the Owner thereof, at the expense of the CityCounty, a new Certificate or Certificates of the same series and maturity, authorized denominations equal in aggregate principal amount to the unprepaid portion of the Certificate surrenderedsurrendered and of the same interest rate and the same maturity.