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.
Appears in 4 contracts
Samples: Reconciliation and Tie (Baxter International Inc), Indenture (Baxter International Inc), Eli Lilly Services (Lilly Eli & Co)
