Common use of Payment of Interest and Principal; Rights Preserved Clause in Contracts

Payment of Interest and Principal; Rights Preserved. (a) Any installment of interest or principal, payable on any Note that is punctually paid or duly provided for by the Issuer on the applicable Payment Date shall be paid to the Person in whose name such Note was registered at the close of business on the Record Date for such Payment Date by wire transfer of federal funds to the account and number specified in the Note Register on such Record Date for such Person or, if no such account or number is so specified, then by check mailed to such Person's address as it appears in the Note Register on such Record Date.

Payment of Interest and Principal; Rights Preserved. (a) Any installment of interest or principal, principal payable on any Note that is punctually paid or duly provided for by the Issuer on the applicable Payment Date shall be paid to the Person in whose name such Note was registered at the close of business on the Record Date for such Payment Date by wire transfer of federal immediately available funds to the account and number specified in the Note Register on such Record Date for such Person or, if no such account or number is so specified, then by check mailed to such Person's address as it appears in the Note Register on such Record Date.

Payment of Interest and Principal; Rights Preserved. (a) Any installment of interest or principal, payable on any Note that is punctually paid or duly provided for by the Issuer on the applicable Payment Date shall be paid to the Person in whose name such Note was registered at the close of business on the Record Date for such Payment Date by wire transfer of federal funds to the account and number specified in the Note Register on such Record Date for such Person or, if no such account or number is so specified, then by check mailed to such Person's address as it appears in the Note Register on such Record Date.

Payment of Interest and Principal; Rights Preserved. (a) Any installment of interest or principal, principal payable on any Note that is punctually paid or duly provided for by the Issuer Company on the applicable Monthly Payment Date shall be paid to the Person in whose name such Note was registered at the close of business on the Record Date for such Monthly Payment Date by wire transfer of federal immediately available funds to the account and number specified in the Note Register on such Record Date for such Person or, if no such account or number is so specified, then by check mailed to such Person's address as it appears in the Note Register on such Record Date.

Payment of Interest and Principal; Rights Preserved. (a) Any installment of interest or principal, payable on any Note that is punctually paid or duly provided for by the Issuer Trust on the applicable Payment Date shall be paid to the Person in whose name such Note was registered at the close of business on the Record Date for such Payment Date by wire transfer of federal funds to the account and number specified in the Note Register on such Record Date for such Person or, if no such account or number is so specified, then by check mailed to such Person's address as it appears in the Note Register on such Record Date.

Payment of Interest and Principal; Rights Preserved. (a) Any installment of interest or principal, payable on any Note that is punctually paid or duly provided for by the Issuer Company on the applicable Payment Date shall be paid to the Person in whose name such Note was registered at the close of business on the Record Date for such Payment Date by wire transfer of federal funds to the account and number specified in the Note Register on such Record Date for such Person or, if no such account or number is so specified, then by check mailed to such Person's address as it appears in the Note Register on such Record Date.