Common use of Principal and Amounts Payable Deferral Clause in Contracts

Principal and Amounts Payable Deferral. If, as a result of Section 3.1, the Corporation does not pay principal or any other Amounts Payable (other than interest) on any required payment date, then such principal and Amounts Payable will be deferred (and not bear interest) and be paid at the Maturity Date.

Principal and Amounts Payable Deferral. If, as a result of Section 3.1, the Corporation does not pay principal or any other Amounts Payable (other than interest) on any required payment date, then such principal and Amounts Payable will be deferred (and not be due or payable until the Maturity Date. If the Penalty Interest Provisions of Section 3.5 are waived, the deferred principal and Amounts Payable will not bear interest) and be paid at the Maturity Date.

Principal and Amounts Payable Deferral. If, as a result of -------------------------------------- Section 3.1, the Corporation does not pay principal or any other Amounts Payable (other than interest) on any required payment date, then such principal and Amounts Payable will be deferred (and not bear interest) and be paid at the Maturity Date.. 3.4

Principal and Amounts Payable Deferral. If, as a result of -------------------------------------- Section 3.1, the Corporation does not pay principal or any other Amounts Payable (other than interest) on any required payment date, then such principal and Amounts Payable will be deferred (and not bear interest) and be paid at the Maturity Date.

Principal and Amounts Payable Deferral. If, as a result of Section 3.1, the Corporation does not pay principal or any other Amounts Payable (other than interest) on any required payment date, then such principal and Amounts Payable will be deferred (and not bear interest) and be paid at the Maturity Date, together with interest on any principal and Amounts Payable so deferred at the rate specified in Section 1.1.