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 30 contracts
Sources: Bequest Bond (Bequest Bonds I Inc), Bequest Bond (Bequest Bonds I Inc), Worthy Wealth Housing Bond (Worthy Wealth Realty, Inc.)
Principal and Term. The Outstanding Principal Balance (as defined herein) shall be due and payable either upon the demand of the Payee Bondholder 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 1 contract
Sources: Bond Agreement (CWS Investments Inc)