Payment of Interest and Principal. Subject to the receipt of Regulatory Approval, the Issuer shall duly and punctually pay the interest and principal on the Surplus Notes, in accordance with the terms hereof.
Appears in 3 contracts
Samples: Surplus Note Purchase Agreement (White Mountains Insurance Group LTD), Surplus Note Purchase Agreement (White Mountains Insurance Group LTD), Surplus Note Purchase Agreement (White Mountains Insurance Group LTD)
Payment of Interest and Principal. Subject to the receipt of Regulatory Approval, the Issuer shall duly and punctually pay the interest and principal on the Surplus Notes, in accordance with the terms hereof.. (b)
Appears in 1 contract
Samples: Surplus Note Purchase Agreement (White Mountains Insurance Group LTD)