Common use of Deposit of Additional Funds by Company; Redemption of Prior Bonds Clause in Contracts

Deposit of Additional Funds by Company; Redemption of Prior Bonds. The Company covenants that such additional amounts as may be required to redeem the Prior Bonds will be deposited with the Prior Trustee pursuant to the Prior Indentures for such purpose. Income derived from the investment of the proceeds of the Bonds deposited in the Prior Bond Funds will be used to the extent necessary to satisfy the obligations of the Company specified in the immediately preceding sentence. The Company covenants that it will cause all of the outstanding Prior Bonds to be redeemed within ninety (90) days after the Date of Issue.

Deposit of Additional Funds by Company; Redemption of Prior Bonds. The Company covenants that such additional amounts as may be required to redeem the Prior Bonds will be deposited with the Prior Trustee pursuant to the Prior Indentures Indenture for such purpose. Income derived from the investment of the proceeds of the Bonds deposited in the Prior Bond Funds Fund will be used to the extent necessary to satisfy the obligations of the Company specified in the immediately preceding sentence. The Company covenants that it will cause all of the outstanding Prior Bonds to be redeemed within ninety (90) days after the Date of Issue.