Common use of Redemption, etc Clause in Contracts

Redemption, etc. (a) The Agency may exercise its option under Section 2.03 of the Fiscal Agent Agreement to cause the conversion of the Bonds to a different Interest Rate Mode on any Interest Payment Date prior to the Mandatory Purchase Date and the payment to the Bank of 100% of the principal amount of the Bonds plus accrued interest to the conversion date by giving or causing the Fiscal Agent to give one hundred twenty (120) days’ prior written notice to the Bank and complying with the provisions of the Fiscal Agent Agreement applicable thereto. (b) The Agency may exercise its option under Section 4.01(a)(v) of the Fiscal Agent Agreement to cause the redemption of the Bonds on any Interest Payment Date prior to the Mandatory Purchase Date at a redemption price equal to 100% of the principal amount thereof plus accrued interest to the redemption date by giving or causing the Fiscal Agent to give one hundred twenty (120) days’ prior written notice to the Bank and complying with the provisions of the Fiscal Agent Agreement applicable thereto. (c) The Agency shall cause the mandatory redemption of the Bonds to occur in the amounts and at the times specified in Sections 4.01(b) and (c), respectively, of the Fiscal Agent Agreement. The redemption schedule of Section 4.01(b) is attached hereto and incorporated herein as Exhibit A. (d) The Agency promptly shall notify the Bank of the amount of any redemption of any Bonds, together with the date of each such redemption. (e) In the case of a conversion (as described in subsection (a)) or a redemption (as described in subsection (b)), the Agency shall adhere to the notice requirements set forth in such subsections and shall pay to the Bank the principal and interest amounts set forth in such subsections and, in addition, shall pay to the Bank the Optional Prepayment Breakage Fee as calculated by the Bank.

Redemption, etc. (a) The Agency may exercise its option under Section 2.03 of the Fiscal Agent Agreement to cause the conversion of the Bonds to a different Interest Rate Mode on any Interest Payment Date prior to the Mandatory Purchase Date and the payment to the Bank of 100% of the principal amount of the Bonds plus accrued interest to the ▇▇▇▇-▇▇▇▇-▇▇▇▇.6 conversion date by giving or causing the Fiscal Agent to give one hundred twenty (120) days’ prior written notice to the Bank and complying with the provisions of the Fiscal Agent Agreement applicable thereto. (b) The Agency may exercise its option under Section 4.01(a)(v) of the Fiscal Agent Agreement to cause the redemption of the Bonds on any Interest Payment Date prior to the Mandatory Purchase Date at a redemption price equal to 100% of the principal amount thereof plus accrued interest to the redemption date by giving or causing the Fiscal Agent to give one hundred twenty (120) days’ prior written notice to the Bank and complying with the provisions of the Fiscal Agent Agreement applicable thereto. (c) The Agency shall cause the mandatory redemption of the Bonds to occur in the amounts and at the times specified in Sections 4.01(b) and (c), respectively, of the Fiscal Agent Agreement. The redemption schedule of Section 4.01(b) is attached hereto and incorporated herein as Exhibit A. (d) The Agency promptly shall notify the Bank of the amount of any redemption of any Bonds, together with the date of each such redemption. (e) In the case of a conversion (as described in subsection (a)) or a redemption (as described in subsection (b)), the Agency shall adhere to the notice requirements set forth in such subsections and shall pay to the Bank the principal and interest amounts set forth in such subsections and, in addition, shall pay to the Bank the Optional Prepayment Breakage Fee as calculated by the Bank.

Redemption, etc. (a) The Agency may exercise its option under Section 2.03 of the Fiscal Agent Agreement to cause the conversion of the Bonds to a different Interest Rate Mode on any Interest Payment Date prior to the Mandatory Purchase Date and the payment to the Bank of 100% of the principal amount of the Bonds plus accrued interest to the conversion date by giving or causing the Fiscal Agent to give one hundred twenty (120) days’ prior written notice to the Bank and complying with the provisions of the Fiscal Agent Agreement applicable thereto. (b) The Agency may exercise its option under Section 4.01(a)(v) of the Fiscal Agent Agreement to cause the redemption of the Bonds on any Interest Payment Date prior to the Mandatory Purchase Date at a redemption price equal to 100% of the principal amount thereof plus accrued interest to the redemption date by giving or causing the Fiscal Agent to give one hundred twenty (120) days’ prior written notice to the Bank and complying with the provisions of the Fiscal Agent Agreement applicable thereto. (c) The Agency shall cause the mandatory redemption of the Bonds to occur in the amounts and at the times specified in Sections 4.01(b) and (c), respectively, of the Fiscal Agent Agreement. The redemption schedule of Section 4.01(b) is attached hereto and incorporated herein as Exhibit A. (d) The Agency promptly shall notify the Bank of the amount of any redemption of any Bonds, together with the date of each such redemption. (e) In the case of a conversion (as described in subsection (a)) or a redemption (as described in subsection (b)), the Agency shall adhere to the notice requirements set forth in such subsections and shall pay to the Bank the principal and interest amounts set forth in such subsections and, in addition, shall pay to the Bank the Optional Prepayment Breakage Fee Fee, if any, as calculated by the Bank.