Deposit and Application of Funds Sample Clauses

Deposit and Application of Funds. The proceeds received by the Trustee from the sale of the 2020 Bonds to the Original Purchaser shall be deposited in the respective funds and accounts, and in the respective amounts, as set forth in Section 3.02 of the Indenture.
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Deposit and Application of Funds. Section 3.1. Deposit of and Application of Funds Error! Bookmark not defined.
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Deposit and Application of Funds. (a) Not later than 2:00 p.m. Central Daylight Time on the date that the Effective Time occurs, Holdings shall cause to be deposited with you as Paying Agent a corpus (the "Payment Funds") sufficient for you as Paying Agent to make full payment of the Merger Consideration to the Minority Shareholders (other than those holding Dissenting Shares).
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Deposit and Application of Funds. The proceeds received by the Trustee from the sale of the Certificates to the Original Purchaser shall be deposited in the respective funds and accounts, and in the respective amounts, as set forth in Section 3.01 of the Trust Agreement. As provided in Section 3.01(c) of the Trust Agreement, a portion of the proceeds of sale of the Certificates shall be transferred to the Escrow Bank to be applied to refund the Prior Obligations as provided in the Escrow Agreement and the Trust Agreement.
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Deposit and Application of Funds 
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Related to Deposit and Application of Funds

  • Deposit of Funds Before 11:00 A.M., New York City time, on each Redemption Date, Fundamental Change Repurchase Date or Interest Payment Date, and on the Maturity Date or any other date on which any cash amount is due on the Notes, the Company will deposit, or will cause there to be deposited, with the Paying Agent cash, in funds immediately available on such date, sufficient to pay the cash amount due on the applicable Notes on such date. The Paying Agent will return to the Company, as soon as practicable, any money not required for such purpose.

  • Source of Funds Each Purchaser severally represents that at least one of the following statements is an accurate representation as to each source of funds (a “Source”) to be used by such Purchaser to pay the purchase price of the Notes to be purchased by such Purchaser hereunder:

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