Common use of Agreement to Pay Purchase Price for Bonds Clause in Contracts

Agreement to Pay Purchase Price for Bonds. The Company agrees to pay to the Paying Agent on each date on which Bonds are subject to optional or mandatory tender for purchase (other than during an Alternate Weekly Rate Period) an amount which, together with other amounts held by the Paying Agent or the Trustee under the Indenture and available for that purpose, will enable the Paying Agent to make payment of the purchase price of Bonds tendered for purchase on such date in full in a timely manner.‌

Agreement to Pay Purchase Price for Bonds. The Company agrees to pay to the Paying Agent on each date on which Bonds are subject to optional or mandatory tender for purchase (other than during an Alternate Weekly Rate Period) an amount which, together with other amounts held by the Paying Agent or the Trustee under the Indenture and available for that purpose, will enable the Paying Agent to make payment of the purchase price of Bonds tendered for purchase on such date in full in a timely manner.‌manner.