Aggregate Outstanding Bond Balance definition
Aggregate Outstanding Bond Balance means the aggregate of the Outstanding Bond Balances.
Aggregate Outstanding Bond Balance. ' means the aggregate of the Outstanding Bond Balances.
Examples of Aggregate Outstanding Bond Balance in a sentence
Each of F▇▇▇▇▇▇ Mac and the Sponsor has the right to cause a Mandatory Tender of the Class A Certificates at any time after the Aggregate Outstanding Bond Balance is not more than 5% of the Aggregate Outstanding Bond Balance on the Date of Original Issue (a “Clean-Up Event”) in accordance with the following provisions.
If an Event of Default of the kind specified in clause (c) of Section 7.01 occurs, the Bonds shall automatically become immediately due and payable at the Aggregate Outstanding Bond Balance, plus all accrued and unpaid interest thereon, without notice, presentment or demand of any kind.