Common use of Principal Payments on the Notes Clause in Contracts

Principal Payments on the Notes. The principal balance of the Series 2006-B Notes shall be payable on each Settlement Date from amounts on deposit in the Series 2006-B Settlement Account in an amount equal to (i) so long as no Early Amortization Event or Event of Default has occurred (and has not been waived in accordance with the terms of the Base Indenture), the sum of the Scheduled Principal Payment Amount and Supplemental Principal Payment Amount for such Settlement Date, or (ii) if an Early Amortization Event or an Event of Default has occurred (and has not been waived in accordance with the terms of the Base Indenture), the full Note Principal to the extent that funds are available for such purposes in accordance with the provisions of Section 5.14 of the Base Indenture. The unpaid principal amount of each Note together with all unpaid interest, fees, expenses, costs and other amounts payable by the Issuer to the Holders of the Notes pursuant to the terms of the Base Indenture, this Series Supplement, the Note Purchase Agreement and the other Transaction Documents shall be due and payable in full on the earlier to occur of (x) the date on which an Event of Default shall occur and the Series 2006-B Notes have been accelerated in accordance with the provisions of the Base Indenture and (y) the Legal Final Settlement Date.

Appears in 1 contract

Samples: CHS Inc

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Principal Payments on the Notes. The principal balance of the Series 2006-B A Notes shall be payable on each Settlement Date from amounts on deposit in the Series 2006-B A Settlement Account in an amount equal to (i) so long as no Early Amortization Event or Event of Default has occurred (and has not been waived in accordance with the terms of the Base Indenture), the sum of the Scheduled Principal Payment Amount and Supplemental Principal Payment Amount for such Settlement Date, or (ii) if an Early Amortization Event or an Event of Default has occurred (and has not been waived in accordance with the terms of the Base Indenture), the full Note Principal to the extent that funds are available for such purposes in accordance with the provisions of Section 5.14 of the Base Indenture. The unpaid principal amount of each Note together with all unpaid interest, fees, expenses, costs and other amounts payable by the Issuer to the Holders of the Notes pursuant to the terms of the Base Indenture, this Series Supplement, the Note Purchase Agreement and the other Transaction Documents shall be due and payable in full on the earlier to occur of (x) the date on which an Event of Default shall occur and the Series 2006-B A Notes have been accelerated in accordance with the provisions of the Base Indenture and (y) the Legal Final Settlement Date.

Appears in 1 contract

Samples: CHS Inc

Principal Payments on the Notes. The principal balance of the Series 20062005-B Notes shall be payable on each Settlement Date from amounts on deposit in the Series 20062005-B Settlement Account in an amount equal to (i) so long as no Early Amortization Event or Event of Default has occurred (and has not been waived in accordance with the terms of the Base Indenture), the sum of the Scheduled Principal Payment Amount and Supplemental Principal Payment Amount for such Settlement Date, or (ii) if an Early Amortization Event or an Event of Default has occurred (and has not been waived in accordance with the terms of the Base Indenture), the full Note Principal to the extent that funds are available for such purposes in accordance with the provisions of Section 5.14 of the Base Indenture. The unpaid principal amount of each Note together with all unpaid interest, fees, expenses, costs and other amounts payable by the Issuer to the Holders of the Notes pursuant to the terms of the Base Indenture, this Series Supplement, the Note Purchase Agreement and the other Transaction Documents shall be due and payable in full on the earlier to occur of (x) the date on which an Event of Default shall occur and the Series 20062005-B Notes have been accelerated in accordance with the provisions of the Base Indenture and (y) the Legal Final Settlement Date.

Appears in 1 contract

Samples: CHS Inc

Principal Payments on the Notes. The principal balance of the Series 20062008-B A Notes shall be payable on each Settlement Date from amounts on deposit in the Series 20062008-B A Settlement Account in an amount equal to (i) so long as no Early Amortization Event or Event of Default has occurred (and has not been waived in accordance with the terms of the Base Indenture), the sum of the Scheduled Principal Payment Amount and Supplemental Principal Payment Amount for such Settlement Date, or (ii) if an Early Amortization Event or an Event of Default has occurred (and has not been waived in accordance with the terms of the Base Indenture), the full Note Principal to the extent that funds are available for such purposes in accordance with the provisions of Section 5.14 5.4 of the Base Indenture. The unpaid principal amount of each Note together with all unpaid interest, fees, expenses, costs and other amounts payable by the Issuer to the Holders of the Notes pursuant to the terms of the Base Indenture, this Series Supplement, the Note Purchase Agreement and the other Transaction Documents shall be due and payable in full on the earlier to occur of (x) the date on which an Event of Default shall occur and the Series 20062008-B A Notes have been accelerated in accordance with the provisions of the Base Indenture and (y) the Legal Final Settlement Date.

Appears in 1 contract

Samples: CHS Inc

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Principal Payments on the Notes. The principal balance of the Series 20062005-B A Notes shall be payable on each Settlement Date from amounts on deposit in the Series 20062005-B A Settlement Account in an a amount equal to (i) so long as no Early Amortization Event or Event of Default has occurred (and has not been waived in accordance with the terms of the Base Indenture), the sum of the Scheduled Principal Payment Amount and Supplemental Principal Payment Amount for such Settlement Date, or (ii) if an Early Amortization Event or an Event of Default has occurred (and has not been waived in accordance with the terms of the Base Indenture), the full Note Principal to the extent that funds are available for such purposes in accordance with the provisions of Section 5.14 of the Base Indenture5.14. The unpaid principal amount of each Note together with all unpaid interest, fees, expenses, costs and other amounts payable by the Issuer to the Holders of the Notes pursuant to the terms of the Base Indenture, this Series Supplement, the Note Purchase Agreement and the other Transaction Documents shall be due and payable in full on the earlier to occur of (x) the date on which an Event of Default shall occur and the Series 2006-B 2005- A Notes have been accelerated in accordance with the provisions of the Base Indenture and (y) the Legal Final Settlement Date.

Appears in 1 contract

Samples: CHS Inc

Principal Payments on the Notes. The principal balance of the Series 20062010-B A Notes shall be payable on each Settlement Date from amounts on deposit in the Series 20062010-B A Settlement Account in an amount equal to (i) so long as no Early Amortization Event or Event of Default has occurred (and has not been waived in accordance with the terms of the Base Indenture), the sum of the Scheduled Principal Payment Amount and Supplemental Principal Payment Amount for such Settlement Date, or (ii) if an Early Amortization Event or an Event of Default has occurred (and has not been waived in accordance with the terms of the Base Indenture), the full Note Principal to the extent that funds are available for such purposes in accordance with the provisions of Section 5.14 5.4 of the Base Indenture. The unpaid principal amount of each Note Note, together with all unpaid interest, fees, expenses, costs and other amounts payable by the Issuer to the Holders of the Notes pursuant to the terms of the Base Indenture, this Series Supplement, the Note Purchase Agreement and the other Transaction Documents shall be due and payable in full on the earlier to occur of (x) the date on which an Event of Default shall occur and the Series 20062010-B A Notes have been accelerated in accordance with the provisions of the Base Indenture and (y) the Legal Final Settlement Date.

Appears in 1 contract

Samples: CHS Inc

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