Common use of Payment of Redemption Price Clause in Contracts

Payment of Redemption Price. If (a) unconditional notice of redemption has been duly mailed or duly waived by the Holders of all Transition Bonds called for redemption or (b) conditional notice of redemption has been so mailed or waived and the redemption moneys have been duly deposited with the Bond Trustee, then in either case the Transition Bonds called for redemption shall be payable on the applicable Redemption Date at the applicable Redemption Price. No further interest will accrue on the principal amount of any Transition Bonds called for redemption after the Redemption Date for such redemption if payment of the Redemption Price thereof has been duly provided for, and the Holder of such Transition Bonds will have no rights with respect thereto, except to receive payment of the Redemption Price thereof and unpaid interest accrued to the Redemption Date. Payment of the Redemption Price together with accrued interest shall be made by the Bond Trustee to or upon the order of the Holders of the Transition Bonds called for redemption upon surrender of such Transition Bonds, and the Transition Bonds so redeemed shall cease to be of further effect and the Lien hereunder shall be released with respect to such Transition Bonds.

Payment of Redemption Price. If (a) unconditional notice of redemption has been duly mailed or duly waived by the Holders of all Transition Securitization Bonds called for redemption or (b) conditional notice of redemption has been so mailed or waived and the redemption moneys have been duly deposited with the Bond Trusteeredemp tion, then in either case the Transition Securitization Bonds called for redemption shall be payable on the applicable Redemption Date at the applicable Redemption Price. No further interest will accrue on the principal amount of any Transition Securitization Bonds called for redemption after the Redemption Date for such redemption if payment of the Redemption Price thereof has been duly provided forDate, and the Holder Holders of such Transition Securitization Bonds will have no rights with respect thereto, except to receive if payment of the Redemption Price thereof and unpaid has been duly provided for on or before the Redemption Date declared therefor. Notwithstanding the foregoing, the Holders of the Securitization Bonds shall be entitled to payment of interest on the Redemption Price accrued at the related Interest Rates to the extent the Issuer fails to pay the Redemption DatePrice on the Redemption Date declared therefor. Payment of the Redemption Price together with accrued interest shall be made by the Bond Trustee to or upon the order of the Holders of the Transition Securitization Bonds called for redemption upon surrender of such Transition Securitization Bonds, and the Transition Securitization Bonds so redeemed shall cease to be of further effect and the Lien hereunder shall be released with respect to such Transition Securitization Bonds.

Payment of Redemption Price. If (a) unconditional notice of redemption has been duly mailed or duly waived by the Holders of all Transition Bonds called for redemption or (b) conditional notice of redemption has been so mailed or waived and the redemption moneys have been duly deposited with the Bond Trusteeredemption, then in either case the Transition Bonds called for redemption shall be payable on the applicable Redemption Date at the applicable Redemption Price. No further interest will accrue on the principal amount of any Transition Bonds called for redemption after the Redemption Date for such redemption if payment of the Redemption Price thereof has been duly provided forDate, and the Holder Holders of such Transition Bonds will have no rights with respect thereto, except to receive if payment of the Redemption Price thereof and unpaid has been duly provided for on or before the Redemption Date declared therefor. Notwithstanding the foregoing, the Holders of the Transition Bonds shall be entitled to payment of interest on the Redemption Price accrued at the related Interest Rates to the extent the Issuer fails to pay the Redemption Price on the Redemption Date. Payment of the Redemption Price together with accrued interest shall be made by the Bond Trustee to or upon the order of the Holders of the Transition Bonds called for redemption upon surrender of such Transition Bonds, and the Transition Bonds so redeemed shall cease to be of further effect and the Lien hereunder shall be released with respect to such Transition Bonds.

Payment of Redemption Price. If (a) unconditional notice of redemption has been duly mailed or duly waived by the Holders of all Transition Bonds called for redemption or (b) conditional notice of redemption has been so mailed or waived and the redemption moneys have been duly deposited with the Bond Trusteeredemption, then in either case the Transition Bonds called for redemption shall be payable on the applicable Redemption Date at the applicable Redemption Price. No further interest will shall accrue on the principal amount of any Transition Bonds called for redemption after the Redemption Date for such redemption if payment of the Redemption Price thereof has been duly provided forDate, and the Holder Holders of such Transition Bonds will shall have no rights with respect thereto, except to receive if payment of the Redemption Price thereof and unpaid has been duly provided for on or before the Redemption Date declared therefor. Notwithstanding the foregoing, the Holders of the Transition Bonds shall be entitled to payment of interest on the Redemption Price accrued at the related Interest Rates to the extent the Issuer fails to pay the Redemption Price on the Redemption Date. Payment of the Redemption Price together with accrued interest shall be made by the Bond Trustee to or upon the order of the Holders of the Transition Bonds called for redemption upon surrender of such Transition Bonds, and the Transition Bonds so redeemed shall cease to be of further effect and the Lien hereunder shall be released with respect to such Transition Bonds.

Payment of Redemption Price. If (a) unconditional notice of redemption has been duly mailed mailed, or duly waived by the Holders of all Transition Bonds called for redemption or (b) conditional notice of redemption has been so mailed or waived redemption, and the redemption moneys have been duly deposited with the Bond Trustee, then in either case the Transition Bonds called for redemption shall be payable on the applicable Redemption Date at the applicable Redemption Price. No further interest Interest will accrue on the principal amount of any Transition Bonds called for redemption after the Redemption Date for such redemption if payment of the Redemption Price thereof has been duly provided for, and the Holder of such Transition Bonds will have no rights with respect thereto, except to receive payment of the Redemption Price thereof and unpaid interest accrued to the Redemption Datethereof. Payment of the Redemption Price together with accrued interest Interest shall be made by the Bond Trustee to or upon the order of the Holders of the Transition Bonds called for redemption upon surrender of such Transition Bonds, and the Transition Bonds so redeemed shall cease to be of further effect and the Lien hereunder of this Indenture shall be released with respect to such Transition Bonds.

Payment of Redemption Price. If (a) unconditional notice of redemption has been duly mailed or duly waived by the Holders of all Transition Securitization Bonds called for redemption or (b) conditional notice of redemption has been so mailed or waived and the redemption moneys have been duly deposited with the Bond Trusteeredemption, then in either case the Transition Securitization Bonds called for redemption shall be payable on the applicable Redemption Date at the applicable Redemption Price. No further interest will accrue on the principal amount of any Transition Securitization Bonds called for redemption after the Redemption Date for such redemption if payment of the Redemption Price thereof has been duly provided forDate, and the Holder Holders of such Transition Securitization Bonds will have no rights with respect thereto, except to receive if payment of the Redemption Price thereof and unpaid has been duly provided for on or before the Redemption Date declared therefor. Notwithstanding the foregoing, the Holders of the Securitization Bonds shall be entitled to payment of interest on the Redemption Price accrued at the related Interest Rates to the extent the Issuer fails to pay the Redemption Price on the Redemption Date. Payment of the Redemption Price together with accrued interest shall be made by the Bond Trustee to or upon the order of the Holders of the Transition Securitization Bonds called for redemption upon surrender of such Transition Securitization Bonds, and the Transition Securitization Bonds so redeemed shall cease to be of further effect and the Lien hereunder shall be released with respect to such Transition Securitization Bonds.

Payment of Redemption Price. If (a) unconditional notice of redemption has been duly mailed or duly waived by the Holders of all Transition Bonds called for redemption or (b) conditional notice of redemption has been so mailed or waived and the redemption moneys have been duly deposited with the Bond Trustee, then in either case the Transition Bonds called for redemption shall be payable on the applicable Redemption Date at the applicable Redemption PricePrice plus accrued interest thereon. No further interest will accrue on the principal amount of any Transition Bonds called for redemption after the Redemption Date for such redemption if payment of the Redemption Price thereof plus accrued interest thereon has been duly provided for, and the Holder of such Transition Bonds will have no rights with respect thereto, except to receive payment of the Redemption Price thereof and unpaid interest accrued to the Redemption Date. Payment of the Redemption Price together with accrued interest shall be made by the Bond Trustee to or upon the order of the Holders of the Transition Bonds called for redemption upon surrender of such Transition Bonds, and the Transition Bonds so redeemed shall cease to be of further effect and the Lien hereunder shall be released with respect to such Transition Bonds.

Payment of Redemption Price. If (a) unconditional notice of redemption has been duly mailed mailed, or duly waived by the Holders of all Transition Bonds called for redemption or (b) conditional notice of redemption has been so mailed or waived redemption, and the redemption moneys have been duly deposited with the Bond Trustee, then in either case the Transition Bonds called for redemption shall be payable on the applicable Redemption Date at the applicable Redemption PricePrice plus accrued interest thereon. No further interest will accrue on the principal amount of any Transition Bonds called for redemption after the Redemption Date for such redemption if payment of the Redemption Price thereof plus accrued interest thereon has been duly provided for, and the Holder of such Transition Bonds will have no rights with respect thereto, except to receive payment of the Redemption Price thereof and unpaid interest accrued to the Redemption Date. Payment of the Redemption Price together with accrued interest shall be made by the Bond Trustee to or upon the order of the Holders of the Transition Bonds called for redemption upon surrender of such Transition Bonds, and the Transition Bonds so redeemed shall cease to be of further effect and the Lien hereunder shall be released with respect to such Transition Bonds.

Payment of Redemption Price. If (a) unconditional notice of redemption has been duly mailed mailed, or duly waived by the Holders of all Transition Bonds called for redemption or (b) conditional notice of redemption has been so mailed or waived redemption, and the redemption moneys have been duly deposited with the Bond Trustee, then in either case the Transition Bonds called for redemption shall be payable on the applicable Redemption Date at the applicable Redemption Priceredemption price. No further interest Interest will accrue on the principal amount of any Transition Bonds called for redemption after the Redemption Date for such redemption if payment of the Redemption Price redemption price thereof has been duly provided for, and the Holder of such Transition Bonds will have no rights with respect thereto, except to receive payment of the Redemption Price redemption price thereof and unpaid interest Interest accrued to the Redemption Date. Payment of the Redemption Price redemption price together with accrued interest Interest shall be made by the Bond Trustee to or upon the order of the Holders of the Transition Bonds called for redemption upon surrender of such Transition Bonds, and the Transition Bonds so redeemed shall cease to be of further effect and the Lien hereunder of this Indenture shall be released with respect to such Transition Bonds.

Payment of Redemption Price. If (a) unconditional notice of redemption has been duly mailed given or duly waived by the Holders Owners of all Transition Bonds called for redemption or (b) conditional notice of redemption has been so mailed given or waived and the redemption moneys have been duly deposited with the Bond TrusteeTender Agent, then in either such case the Transition Bonds called for redemption shall be payable on the applicable Redemption Date redemption date at the applicable Redemption Price. No further interest will accrue on the principal amount of any Transition Bonds called for redemption after the Redemption Date for such redemption if payment of the Redemption Price thereof has been duly provided for, and the Holder of such Transition Bonds will have no rights with respect thereto, except to receive payment of the Redemption Price thereof and unpaid interest accrued to the Redemption Dateprice. Payment of the Redemption Price redemption price together with accrued interest shall be made by the Bond Trustee Tender Agent, out of Available Moneys for so long as the Letter of Credit is held by the Tender Agent and otherwise out of Revenues or other funds deposited for such purpose, to or upon the order of the Holders owners of the Transition Bonds called for redemption upon surrender of such Transition Bonds. Upon the payment of the redemption price of Bonds being redeemed, each check or other transfer of funds issued for such purpose shall bear the CUSIP number identifying, by issue and maturity, the Transition Bonds so being redeemed with the proceeds of such check or other transfer. So long as a Letter of Credit is held by the Tender Agent, upon redemption of less than all of the Bonds pursuant to this Indenture, the Tender Agent shall cease furnish to be the Bank a notice in the form required by the terms of further effect and the Lien hereunder shall be released Letter of Credit for reducing the amount available thereunder with respect to such Transition Bondsthe Bonds which have been redeemed as required by Section 7.03, and, upon a redemption of all of the Bonds pursuant to this Indenture, shall surrender the Letter of Credit to the Bank for cancellation.

Payment of Redemption Price. If (a) unconditional notice of redemption has been duly mailed mailed, or duly waived by the Holders of all Transition Bonds called for redemption or (b) conditional notice of redemption has been so mailed or waived redemption, and the redemption moneys have been duly deposited with the Bond Trustee, then in either case the Transition Bonds called for redemption shall be payable on the applicable Redemption Date at the applicable Redemption Priceredemption price. No further interest Interest will accrue on the principal amount of any Transition Bonds called for redemption after the Redemption Date for such redemption if payment of the Redemption Price redemption price thereof has been duly provided for, and the Holder of such Transition Bonds will have no rights with respect thereto, except to receive payment of the Redemption Price redemption price thereof and unpaid interest accrued to the Redemption Date. Payment of the Redemption Price redemption price together with accrued interest Interest shall be made by the Bond Trustee to or upon the order of the Holders of the Transition Bonds called for redemption upon surrender of such Transition Bonds, and the Transition Bonds so redeemed shall cease to be of further effect and the Lien hereunder of this Indenture shall be released with respect to such Transition Bonds.

Payment of Redemption Price. If any required (a) unconditional notice of redemption has been duly mailed or duly waived by the Holders Owners of all Transition Bonds called for redemption or (b) conditional notice of redemption has been so mailed or waived and the redemption moneys have been duly deposited with the Bond TrusteeTrustee or Paying Agent, then in either case case, the Transition Bonds called for redemption shall be payable on the applicable Redemption Date redemption date at the applicable Redemption PricePrice plus accrued interest, if any, to the redemption date. No further Bonds of a Series so called for redemption, for which moneys have been duly deposited with the Trustee, will cease to bear interest will accrue on the principal amount of any Transition Bonds called for specified redemption after date, shall no longer be secured by the Redemption Date for such redemption if payment related Indenture and shall not be deemed to be Outstanding under the provisions of the Redemption Price thereof has been duly provided for, and the Holder of such Transition Bonds will have no rights with respect thereto, except to receive payment of the Redemption Price thereof and unpaid interest accrued to the Redemption Daterelated Indenture. Payment of the Redemption Price Price, together with accrued interest interest, shall be made by the Bond Trustee or Paying Agent to or upon the order of the Holders Owners of the Transition Bonds called for redemption upon surrender of such Transition Bonds, and . The Redemption Price of the Transition Bonds so redeemed shall cease to be redeemed, the expenses of further effect giving notice and the Lien hereunder any other expenses of redemption, shall be released with respect paid out of the Fund from which redemption is to such Transition Bondsbe made or by the Issuer, or as specified in a Supplemental Indenture.

Payment of Redemption Price. If (a) unconditional notice of redemption has been duly mailed or duly waived by the Holders of all Transition Bonds called for redemption or (b) conditional notice of redemption has been so mailed or waived and the redemption moneys have been duly deposited with the Bond Trusteeredemption, then in either case the Transition Bonds called for redemption shall be payable on the applicable Redemption Date at the applicable Redemption Price. No further interest will accrue on the principal Principal amount of any Transition Bonds called for redemption after the Redemption Date for such redemption if payment of the Redemption Price thereof has been duly provided forDate, and the Holder Holders of such Transition Bonds will have no rights with respect thereto, except to receive if payment of the Redemption Price thereof and unpaid has been duly provided for on or before the Redemption Date declared therefor. Notwithstanding the foregoing, the Holders of the Transition Bonds shall be entitled to payment of interest on the Redemption Price accrued at the related Interest Rates to the extent the Issuer fails to pay the Redemption Price on the Redemption Date. Payment of the Redemption Price together with accrued interest shall be made by the Bond Trustee to or upon the order of the Holders of the Transition Bonds called for redemption upon surrender of such Transition Bonds, and the Transition Bonds so redeemed shall cease to be of further effect and the Lien hereunder shall be released with respect to such Transition Bonds.