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 25 contracts
Samples: Bequest Bond (Bequest Bonds I Inc), Worthy Property Bond (Worthy Property Bonds 2, Inc.), Bequest Bond (Bequest Bonds I Inc)
