Common use of Payment of Funding Loan After Discharge of Funding Loan Agreement Clause in Contracts

Payment of Funding Loan After Discharge of Funding Loan Agreement. Notwithstanding any provisions of this Funding Loan Agreement, and subject to applicable unclaimed property laws of the Property Jurisdiction, any money deposited with Fiscal Agent or any paying agent in trust for the payment of the principal of, interest or Prepayment Premium on the Governmental Note remaining unclaimed for [_____] years after the maturity or earlier payment date: [(a) shall be reported and disposed of by Fiscal Agent in accordance with applicable unclaimed property laws; or (b)] to the extent permitted by applicable law, shall be paid to [Governmental Lender][Borrower][other disposition], whereupon all liability of Governmental Lender and Fiscal Agent with respect to such money shall cease, and Funding Lender shall thereafter look solely to Borrower for payment of any amounts then due. All money held by Fiscal Agent and subject to this Section 9.03 shall be held uninvested and without liability for interest thereon.

Payment of Funding Loan After Discharge of Funding Loan Agreement. Notwithstanding any provisions of this Funding Loan Agreement, and subject to applicable unclaimed property laws of the Property JurisdictionState, any money deposited with the Fiscal Agent or any paying agent in trust for the payment of the principal of, interest interest, or Prepayment Premium Premium, if any, on the a Governmental Note remaining unclaimed for [_____] three (3) years after the maturity final Maturity Date or earlier payment date: [(a) shall be reported and disposed of, at the expense of the Borrower, by the Fiscal Agent in accordance with applicable unclaimed property laws; or and (b)] ) to the extent permitted by applicable law, shall be paid to [Governmental Lender][Borrower][other disposition]the Borrower, whereupon all liability of the Governmental Lender and the Fiscal Agent with respect to such money shall cease, and the Funding Lender shall thereafter look solely to the Borrower for payment of any amounts then due. All money held by the Fiscal Agent and subject to this Section 9.03 shall be held uninvested and without liability for interest thereon. (The remainder of this page is intentionally left blank.)

Payment of Funding Loan After Discharge of Funding Loan Agreement. Notwithstanding any provisions of this Funding Loan Agreement, and subject to applicable unclaimed property laws of the Property JurisdictionState, any money deposited with the Fiscal Agent or any paying agent in trust for the payment of the principal of, interest or Prepayment Premium premium on the Governmental Note remaining unclaimed for [_____[ ] years after the maturity or earlier payment date: [(a) shall be reported and disposed of by the Fiscal Agent in accordance with applicable unclaimed property laws; or (b)] to the extent permitted by applicable law, shall be paid to [the Governmental Lender][Borrower][other Lender][the Borrower][other disposition], whereupon all liability of the Governmental Lender and the Fiscal Agent with respect to such money shall cease, and the Funding Lender shall thereafter look solely to the Borrower for payment of any amounts then due. All money held by the Fiscal Agent and subject to this Section 9.03 shall be held uninvested and without liability for interest thereon.