Payment of Interest following a failure to pay Principal. If payment of principal is improperly withheld or refused on or in respect of any Note or part thereof, the interest which continues to accrue in respect of such Note in accordance with Condition 4 (Interest) will be paid in accordance with this Condition 6.
Appears in 3 contracts
Samples: Second Supplemental Note Trust Deed, Third Supplemental Note Trust Deed, Fourth Supplemental Note Trust Deed
Payment of Interest following a failure to pay Principal. If payment of principal is improperly withheld or refused on or in respect of any Note or part thereof, the interest which continues to accrue in respect of such Note in accordance with Condition CONDITION 4 (Interest) will be paid in accordance with this Condition CONDITION 6.
Appears in 2 contracts
Samples: Second Supplemental Master Issuer Trust Deed (Permanent Funding (No. 2) LTD), Second Supplemental Master Issuer Trust Deed (Permanent Funding (No. 2) LTD)
Payment of Interest following a failure to pay Principal. If payment of principal is improperly withheld or refused on or in respect of any Series 2011-2 Note or part thereof, the interest which continues to accrue in respect of such Series 2011-2 Note in accordance with Condition 4 (Interest) will be paid in accordance with this Condition 6.
Appears in 1 contract
Samples: Fourth Supplemental Note Trust Deed
Payment of Interest following a failure to pay Principal. If payment of principal is improperly withheld or refused on or in respect of any Note or part thereof, the interest which continues to accrue in respect of such Note in accordance with Condition 4 6.1 (Accrual of interest) and Condition 6.3 (Rate of Interest) will be paid in accordance with this Condition 67.
Appears in 1 contract
Samples: Trust Deed
