Examples of Redemption in a sentence
If on the Early Redemption Date a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by Freddie Mac on Class M Notes that were exchanged for such MAC Notes will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination.
If, after any presentation thereof to the Global Agent, the principal or notional amount, as applicable, of Notes represented by any Book-Entry Note of a particular issue is reduced to zero, such Book-Entry Note shall remain outstanding on the records of the Global Agent until the Maturity Date or Early Redemption Date.
The principal or Redemption Price of and interest on the Bonds shall be payable in lawful money of the United States of America at the Corporate Trust Office of the Paying Agent in Denver, Colorado.
Redemption applications must be submitted to the Custodian at the latest by the acceptance deadline.
On and after the applicable Redemption Date, interest ceases to accrue on Notes or portions of them called for redemption.