Examples of Scheduled Defeasance Payments in a sentence
Any cash from interest and principal paid on the Defeasance Collateral not needed to pay the Scheduled Defeasance Payments shall be paid to Borrower.
Web content may be used to augment the existing analogue and digital television broadcasts; for example, programme-associated special offers, programme guides and reviews, background information on sports teams etc.
Any cash from interest and principal paid on the Total Defeasance Collateral not needed to pay the Scheduled Defeasance Payments shall be (i) paid to Borrower or Successor Borrower (as applicable) and/or (ii) to the extent permitted by applicable REMIC Requirements, retained in the Defeasance Collateral Account.
Following the payment of all Scheduled Defeasance Payments, any cash from interest and principal paid on the Total Defeasance Collateral or Partial Defeasance Collateral in excess of the amounts necessary to pay the Scheduled Defeasance Payments shall be paid to Borrower or, if there is a Successor Borrower, to Successor Borrower.
All cash from interest and principal payments paid on the U.S. Obligations shall be paid over to Lender as Scheduled Defeasance Payments and applied first to accrued and unpaid interest and then to principal.