Principal and Term. The Outstanding Principal Balance (as defined herein) shall be due and payable either upon the demand of the Payee or redemption by Maker as set forth in Section 2(c) hereof. The term “Outstanding Principal Balance” means, as of any date of determination, the principal amount of this Bond that remains unpaid.
Appears in 22 contracts
Samples: A Binding Agreement (Worthy Community Bonds II, Inc), A Binding Agreement (Worthy Peer Capital, Inc.), A Binding Agreement (Worthy Peer Capital, Inc.)
