Payments Related to Insured Bonds. Notwithstanding Subsection A of this Section, if Bonds are insured by a policy of municipal bond insurance, the amounts due on the Note corresponding to payments of interest due on each Interest Payment Date and payments of principal thereof due at the Stated Maturity thereof and at each Maturity pursuant to mandatory sinking fund redemption shall be due by 10:00 a.m. New York, New York time on the Business Day immediately preceding the date such payments of principal of and interest on the Bonds are due, but without any diminution of the amount then due and payable on the Note.
Payments Related to Insured Bonds. [Notwithstanding Subsection A of this Section, (i) while the Insurance Policy is in force and effect with respect to the Insured Bonds, all amounts due corresponding to payments of interest due on the Insured Bonds on each Interest Payment Date and payments of principal thereof due at the Stated Maturity thereof and at each Maturity pursuant to mandatory sinking fund redemption shall be due by 10:00 a.m., New York, New York time, on the [fourth] Business Day immediately preceding the date such payments of principal of and interest on the Insured Bonds are due, and (ii) if the Series 2022A Bonds are insured by a policy of financial guaranty or municipal bond insurance other than the Insurance Policy, the amounts due corresponding to payments of interest due on each Interest Payment Date and payments of principal thereof due at the Stated Maturity thereof and at each Maturity pursuant to mandatory sinking fund redemption shall be due by 10:00 a.m., New York, New York time, on the Business Day immediately preceding the date such payments of principal of and interest on the Series 2022A Bonds are due.]
