Common use of Redeemed or purchased Clause in Contracts

Redeemed or purchased. it has been redeemed in full, or purchased under Senior Condition 11(i) (Purchase) or Tier 2 Condition 10(k) (Purchase) (as the case may be) and thereupon redeemed, and in either case has been cancelled in accordance with Senior Condition 11(j) (Cancellation) or Tier 2 Condition 10(l) (Cancellation) (as the case may be);