Common use of Punctual Payment and Performance Clause in Contracts

Punctual Payment and Performance. The Authority will punctually pay out of the Revenues the interest on and principal of and redemption premiums, if any, to become due on every Bond issued hereunder in strict conformity with the terms hereof and of the Bonds, and will faithfully observe and perform all the agreements and covenants to be observed or performed by the Authority contained herein and in the Bonds.

Punctual Payment and Performance. The Authority will punctually pay out of the Revenues the interest on and the principal of and redemption premiums, if any, to become due on every Bond issued hereunder in strict conformity with the terms hereof and of the Bonds, and will faithfully observe and perform all the agreements and covenants to be observed or performed by the Authority contained herein and in the Bonds.

Punctual Payment and Performance. The Authority will punctually pay out of the Revenues the interest on and principal of and redemption Prepayment premiums, if any, to become due on every Bond issued Obligation executed and delivered hereunder in strict conformity with the terms hereof and of the BondsObligations, and will faithfully observe and perform all the agreements and covenants to be observed or performed by the Authority contained herein and in the BondsObligations.