Common use of PREPAYMENT AND ACCELERATION OF LOAN PAYMENTS Clause in Contracts

PREPAYMENT AND ACCELERATION OF LOAN PAYMENTS. Section 9.1. Prepayment at the Option of the Borrower. Upon the exercise by the Borrower, with the prior written consent of the Credit Enhancer, of its option to cause the Bonds or any portion thereof to be redeemed pursuant to Section 401 of the Indenture, the Borrower shall prepay Loan Payments in whole or in part at the times and at the prepayment prices sufficient to redeem all or a corresponding portion of the Bonds then Outstanding in accordance with said Section. At the written direction of the Borrower such prepayments shall be applied to the redemption of the Bonds in whole or in part in accordance with said Section.

PREPAYMENT AND ACCELERATION OF LOAN PAYMENTS. Section 9.19.l. Prepayment at the Option of the Borrower. Upon the exercise by the Borrower, with the prior written consent of the Credit Enhancer, of its option to cause the Bonds or any portion thereof to be redeemed pursuant to Section 401 of the Indenture, the Borrower shall prepay Loan Payments in whole or in part at the times and at the prepayment prices sufficient to redeem all or a corresponding portion of the Bonds then Outstanding in accordance with said Section. At the written direction of the Borrower such prepayments shall be applied to the redemption of the Bonds in whole or in part in accordance with said Section.