Common use of Interest Payment Default Clause in Contracts

Interest Payment Default. Default in the due and punctual payment of any installment of interest on the Bond when and as such interest installment shall become due and payable; and

Appears in 2 contracts

Sources: Fiscal Agent Agreement, Fiscal Agent Agreement

Interest Payment Default. Default in the due and punctual payment of any installment of interest on the any Bond when and as such interest installment shall become due and payable; and

Appears in 1 contract

Sources: Fiscal Agent Agreement