Common use of Deposit of Maturity Monies Clause in Contracts

Deposit of Maturity Monies. Subject to Section 4.11, payment on maturity of Debentures shall be provided for by the Corporation depositing with the Debenture Agent or any paying agent to the order of the Debenture Agent, on or before 11:00 a.m. (Montréal time) on the Business Day immediately prior to the maturity date of such Debentures such sums of money and/or Common Shares, if applicable in respect of a series of Debentures, as may be sufficient to pay the principal amount of the Debentures, together with a sum of money sufficient to pay all accrued and unpaid interest thereon up to but excluding the maturity date of such Debentures, provided the Corporation may elect to satisfy this requirement by providing the Debenture Agent with one or more certified cheques or with funds by electronic transfer, for such amounts required under this Section 4.10. The Corporation shall also deposit with the Debenture Agent a sum of money sufficient to pay any charges or expenses which may be incurred by the Debenture Agent in connection therewith. Every such deposit shall be irrevocable. From the sums so deposited, the Debenture Agent shall pay or cause to be paid to the holders of such Debentures, upon surrender of such Debentures, the principal, premium (if any) and interest (if any) to which they are respectively entitled on maturity.

Deposit of Maturity Monies. Subject to Section 4.11, payment on maturity of Debentures shall be provided for by the Corporation depositing with the Debenture Agent Trustee or any paying agent to the order of the Debenture AgentTrustee, on or before 11:00 a.m. 1:00 p.m. (Montréal Calgary time) on the Business Day immediately prior to the maturity date of such Debentures Maturity Date such sums of money and/or Common Shares, if applicable in respect of a series of Debentures, as may be sufficient to pay the principal amount of the Debentures, together with a sum of money sufficient to pay all accrued and unpaid interest thereon up to but excluding the maturity date of such DebenturesMaturity Date, provided the Corporation may elect to satisfy this requirement by providing the Debenture Agent Trustee with one or more certified cheques or with funds by electronic transfer, for such amounts required under this Section 4.10. The Corporation shall also deposit with the Debenture Agent Trustee a sum of money sufficient to pay any charges or expenses which may be incurred by the Debenture Agent Trustee in connection therewith. Every such deposit shall be irrevocable. From the sums so deposited, the Debenture Agent Trustee shall pay or cause to be paid to the holders of such Debentures, upon surrender of such Debentures, the principal, premium (if any) and interest (if any) to which they are respectively entitled on maturity.

Deposit of Maturity Monies. Subject to Section 4.11, payment on maturity of Debentures shall be provided for by the Corporation depositing with the Debenture Agent Trustee or any paying agent to the order of the Debenture AgentTrustee, on or before 11:00 a.m. (Montréal Toronto time) on the Business Day immediately prior to the applicable maturity date of such Debentures such sums of money and/or Common Shares, if applicable in respect of a series of Debentures, Shares as may be sufficient to pay the principal amount of the Debentures, together with a sum of money sufficient to pay all accrued and unpaid interest thereon up to but excluding the maturity date of such Debenturesdate, provided the Corporation may elect to satisfy this requirement by providing the Debenture Agent Trustee with one or more certified cheques or with funds by electronic transfer, for such amounts required under this Section 4.10. The Corporation shall also deposit with the Debenture Agent Trustee a sum of money sufficient to pay any reasonable charges or expenses which may be incurred by the Debenture Agent Trustee in connection therewith. Every such deposit shall be irrevocable. From the sums so deposited, the Debenture Agent Trustee shall pay or cause to be paid to the holders of such Debentures, upon surrender of such Debentures, the principal, premium (if any) and interest (if any) to which they are respectively entitled on maturity.

Deposit of Maturity Monies. Subject to Section 4.11, payment Payment on maturity of Debentures shall be provided for by the Corporation depositing with the Debenture Agent Trustee or any paying agent to the order of the Debenture AgentTrustee, on or before 11:00 a.m. 1:00 p.m. (Montréal Calgary time) on the Business Day immediately prior to the maturity date of such Debentures Maturity Date such sums of money and/or Common Shares, if applicable in respect of a series of Debentures, as may be sufficient to pay the principal amount of the Debentures, including an amount equal to 10% of the principal amount then owing together with a sum of money sufficient to pay all accrued and unpaid interest thereon up to but excluding the maturity date of such DebenturesMaturity Date, provided the Corporation may elect to satisfy this requirement by providing the Debenture Agent Trustee with one or more certified cheques or with funds by electronic transfer, for such amounts required under this Section 4.104.8. The Corporation shall also deposit with the Debenture Agent Trustee a sum of money sufficient to pay any charges or expenses which may be incurred by the Debenture Agent Trustee in connection therewith. Every such deposit shall be irrevocable. From the sums so deposited, the Debenture Agent Trustee shall pay or cause to be paid to the holders of such Debentures, upon surrender of such Debentures, the principal, premium (if any) and interest (if any) to which they are respectively entitled on maturity.