Common use of Deposit of Funds for Redemption of Securities Clause in Contracts

Deposit of Funds for Redemption of Securities. On or prior to the date fixed for redemption of any Securities as hereinbefore provided in this Article IV, the Company shall deposit in trust with the Trustee or with any Paying Agent (or if and to the extent that the Company shall be acting as its own Paying Agent, the Company shall set aside, segregate and hold in trust) funds sufficient to redeem the Securities or portions thereof to be redeemed on such redemption date, at the applicable redemption price, together with interest accrued thereon, if any, to, but excluding, the redemption date.

Deposit of Funds for Redemption of Securities. On or prior Prior to the date fixed for redemption of any Securities as hereinbefore provided in this Article IVArticle, the Company shall deposit in trust with the Trustee or with any Paying Agent (Agent, or if and to the extent that the Company it shall be acting as its own Paying Agent, the Company shall set aside, segregate and hold in trust) , funds sufficient to redeem the Securities or portions thereof to be redeemed on such redemption date, at the applicable redemption price, together with interest accrued thereon, if any, to, but excluding, to the redemption datedate fixed for redemption.