Examples of Accreted Interest in a sentence
The requisite level of protection for valves not exempt from the regulations is defined as Group II category 2 and shall bear the following markings: II 2 GD X VALVE SELECTION Selection, Storage & Protection Valves must be properly selected for their intended service conditions.
In the event the District purchases bond insurance for all or a portion of the Bonds, and to the extent that the Bond Insurer makes payment of the principal, interest or Accreted Interest on the Bonds, it shall become the owner of such Bonds with the right to payment of principal, interest or Accreted Interest on the Bonds, and shall be fully subrogated to all of the Owners’ rights, including the Owners’ rights to payment thereof.
Payments may be made at any time, or from time to time, in whole or in part, without penalty, together with all previously matured Accreted Interest and other charges accrued to the date of prepayment.
The principal balance outstanding hereunder from time to time shall bear interest at the Default Interest Rate from the date of the occurrence of an Event of Default (as hereinafter defined) until the earlier of: (a) the date on which the principal balance outstanding hereunder, together with all Accreted Interest and other amounts payable hereunder, are paid in full; or (b) the date on which such Event of Default is timely cured in a manner satisfactory to Agent.
In the event the District purchases bond insurance for the Bonds, and to the extent that the Bond Insurer makes payment of the Principal, interest, Conversion Value or Accreted Interest on the Bonds, it shall become the Owner of such Bonds with the right to payment of Principal, interest, Conversion Value or Accreted Interest on the Bonds, and shall be fully subrogated to all of the Owners’ rights, including the Owners’ rights to payment thereof.