Examples of Note Fund in a sentence
Upon receipt of a payment of principal or interest on a Loan, the Sponsor shall deposit such principal and interest in the Note Fund.
On or prior to each Note Payment Date, the Sponsor shall withdraw from the Note Fund and pay to the holder of the Note amounts sufficient to pay the principal and interest (if any) on the Note due on such Note Payment Date, including any principal of the Note which has been called for prior redemption.
In particular, we invite your attention to Post-Effective Amendment No. 521, filed pursuant to Rule 485(a) on April 11, 2011, relating to the iShares Floating Rate Note Fund.
Other than this additional section, the Amendment follows the general format used by previous Trust filings prepared in accordance with the revised Form N-1A, for example, Post-Effective Amendment No. 521 filed pursuant to Rule 485(a)(2) relating to iShares Floating Rate Note Fund.
Upon the date on which any Floating Rate Note, Dual Currency Note, Fund Linked Note, Index Linked Note or Long Maturity Note in definitive bearer form becomes due and repayable, unmatured Coupons and Talons (if any) relating thereto (whether or not attached) shall become void and no payment or, as the case may be, exchange for further Coupons shall be made in respect thereof.