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Common use of SHORTFALLS IN INTEREST AND PRINCIPAL PAYMENTS AS OF CURRENT Clause in Contracts

SHORTFALLS IN INTEREST AND PRINCIPAL PAYMENTS AS OF CURRENT. PAYMENT DATE (after giving effect to payments to be made on such Payment Date):

Appears in 3 contracts

Sources: Transition Property Servicing Agreement (Centerpoint Energy Transition Bond Co LLC), Transition Property Servicing Agreement (Centerpoint Energy Transition Bond Co LLC), Transition Property Servicing Agreement (Centerpoint Energy Transition Bond Co LLC)

Related Clauses

  • Interest and Principal Payments
  • Capitalized Interest Account
  • Principal Payments
  • Date and Denomination of Notes; Payments of Interest and Defaulted Amounts
  • Repayments Prepayments Interest and Fees

Sub-Clauses

  • Semiannual Interest
  • Semiannual Principal
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