Common use of Final Redemption Clause in Contracts

Final Redemption. Unless previously redeemed in full as provided in this Condition 5, the Current Issuer shall redeem each class of Notes at their then Principal Amount Outstanding together with all accrued interest on the Final Maturity Date in respect of such class of Notes. The Current Issuer may not redeem the Notes in whole or in part prior to those respective dates except as provided in paragraph (B), (D), (E) or (F) below, but without prejudice to Condition 9.

Appears in 3 contracts

Samples: Granite Mortgages 03-2 PLC, Granite Mortgages 04-1 PLC, Granite Mortgages 04-1 PLC

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Final Redemption. Unless previously redeemed in full as provided in this Condition 5, the Current Issuer shall redeem each class Class of Notes at their then Principal Amount Outstanding together with all accrued interest on the their Final Maturity Date in respect of such class of NotesDate. The Current Issuer may not redeem the such Notes in whole or in part prior to those respective dates their Final Maturity Date except as provided in paragraph Conditions 5.2 (BMandatory Redemption), 5.4 (D), (EOptional Redemption in Full) or 5.5 (FOptional Redemption for Tax and other Reasons) below, but without prejudice to Condition 99 (Events of Default).

Appears in 3 contracts

Samples: Second Supplemental Note Trust Deed, Third Supplemental Note Trust Deed, Fourth Supplemental Note Trust Deed

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