Common use of Redemption upon an Event of Default Clause in Contracts

Redemption upon an Event of Default. If the Purchaser has declared the Notes to become immediately due and payable in accordance with §14.1 or the Notes become immediately due and payable in accordance with §14.1 (each, an “Acceleration Event”) on any date (an “Acceleration Date”), the Issuer shall prepay the Notes, (A) if such Acceleration Date is on or prior to the Make-Whole Expiration Date, the price paid shall be equal to the sum of (w) the outstanding principal amount of the Notes, plus (x) all accrued and unpaid interest as of the Acceleration Date on such outstanding principal amount, plus (y) the Make-Whole Amount computed on such outstanding principal amount, plus (z) all other Obligations then due and owing hereunder and under the other Purchase Documents or (B) if such Acceleration Date is after the Make-Whole Expiration Date, the price paid shall be equal to the sum of (x) the outstanding principal amount of the Notes as of the Acceleration Date, plus (y) all accrued and unpaid interest as of the Acceleration Date on such outstanding principal amount, plus (z) all other Obligations then due and owing hereunder and under the other Purchase Documents.