Terms of 1998 Notes Generally Sample Clauses

Terms of 1998 Notes Generally. 9 Section 2.4

Terms of 1998 Notes Generally. The 1998 Notes shall be issued in fully registered form in substantially the form set forth in Exhibit A hereof, with such variations, omissions and insertions as may be required by the circumstances, as may be required or permitted by the Trust Agreement and this First Terms Supplement, or be consistent with the Trust Agreement and this First Terms Supplement and necessary or appropriate to conform to the rules and requirements of any governmental authority or any usage or requirement of law with respect thereto. The 1998 Notes may be issued only in Authorized Denominations. The 1998 Notes shall be dated as of the Closing Date. Each Series of Notes shall mature on its Final Maturity Date. The Series A-1 Notes shall be numbered consecutively from 1 upwards with the prefix A-1 preceding each number. The Series A-2 Notes shall be numbered consecutively from 1 upwards with the prefix A-2- preceding each number. The Series A-3 Notes shall be numbered consecutively from 1 upwards with the prefix A-3 preceding each number. The Series A-4 Notes shall be numbered consecutively from 1 upwards with the prefix A-4- preceding each number. The Subordinate Series B Notes shall be numbered from 1 upwards with the prefix B- preceding each number. The 1998 Notes shall be issued to a Securities Depository for use in a Book-Entry System in accordance with the provisions of Section 2.7 of the Trust Agreement. Interest on each 1998 Note shall accrue on the Outstanding Amount of such 1998 Note until such 1998 Note has been paid in full or payment has been duly provided for, as the case may be, and shall accrue from the later of the initial date thereof, or the most recent Note Interest Payment Date to which interest has been paid or duly provided for. Each 1998 Note shall bear interest at an interest rate determined in accordance with the provisions and subject to the limitations set forth herein, and interest on each Series of 1998 Notes shall be paid for the related Series Initial Period and each Series Interest Period for such Series thereafter, on each applicable Series Payment Date. Principal will be paid to the then Outstanding Series of 1998 Notes on each applicable Series Payment Date as set forth in Section 3.1 hereof. The Notes are subject to redemption, in whole or in part, at the option of the Issuer, on the applicable Series Payment Date at a price of par plus accrued interest, upon not less than ten days prior written notice to the Owners of such Notes.