Payments to MAC Notes Sample Clauses
Payments to MAC Notes. If on the Maturity Date a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by ▇▇▇▇▇▇▇ Mac on Class M Notes that were exchanged for such MAC Notes will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination. The Interest Only MAC Notes are not entitled to receive payments of principal.
Payments to MAC Notes. In the case of an early redemption as described in (a) above, if a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by ▇▇▇▇▇▇▇ Mac on Class M Notes that were exchanged for such MAC Notes will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination.