Deposit of Redemption Moneys. Redemption of Debt Securities shall be provided for by the Corporation depositing with the Trustee or any Paying Agent to the order of the Trustee, on or before the redemption date specified in such notice, such sums as may be sufficient to pay the redemption price of the Debt Securities so called for redemption, plus accrued interest thereon to the date of redemption. From the sums so deposited the Trustee shall pay or cause to be paid to the holders of such Debt Securities so called for redemption, upon surrender of such Debt Securities with the unmatured coupons, if any, appertaining thereto, the principal, premium, if any, and interest to which they are respectively entitled on redemption, provided that, in the case of coupon Debt Securities, the accrued interest as represented by coupons matured prior to, or on, the redemption date shall continue to be payable (but without interest thereon, unless the Corporation shall make default in the payment thereof upon demand) to the respective bearers of the coupons therefor upon presentation and surrender thereof, and provided, further, that unless otherwise provided pursuant to Section 2.2 with respect to the Debt Securities of any series, installments of interest on Debt Securities which are due and payable on any date on or prior to the relevant redemption date will be payable to the holders of such Debt Securities (or one or more predecessor Debt Securities) registered as such at the close of business on the relevant record dates.
Deposit of Redemption Moneys. Prior to the opening of business on any Redemption Date, the Shipowner shall cause to be deposited with the Indenture Trustee or with any Paying Agent an amount sufficient for such redemption with irrevocable directions to it to so apply the same.
Deposit of Redemption Moneys. Upon Trust Notes having been called for redemption, the Issuer shall deposit with the Trustee, on or before the redemption date fixed in the relevant notice of redemption, such sums as may be sufficient to pay the redemption price of the Trust Notes to be redeemed, together with accrued interest, if any, and the estimated charges and expenses to be incurred in connection with such redemption. From the sums so deposited, the Trustee shall pay or cause to be paid to the Holders of the Trust Notes called for redemption, upon surrender of such Trust Notes, the applicable redemption price and interest, (less any applicable withholding taxes, to the extent required or permitted by law and the specific terms applicable to a Series of Trust Notes) to which they are respectively entitled on redemption.
Deposit of Redemption Moneys. Upon the Debentures being called for redemption for cash as provided for in section 3.8, the Issuer shall deposit with the Trustee or for the account of the Trustee, one (1) Business Day prior to the Redemption Date specified in the Redemption Notice, such sums as are sufficient to pay the aggregate Redemption Amount of the Debentures. From the sums so deposited, the Trustee shall pay or cause to be paid to the Holders, upon surrender of the Debentures, the Redemption Amount thereof together with all accrued and unpaid interest payable.
Deposit of Redemption Moneys. The Corporation shall provide for every redemption by irrevocably depositing with the Trustee or any paying agent to the order of the Trustee in trust for the Holders of the Notes, before the redemption date specified in the notice of redemption, such sums as may be sufficient to pay the redemption price of the Notes, including accrued interest on the Notes to the date fixed for redemption. The Corporation shall also deposit with the Trustee if required by it a sum sufficient to pay any charges or expenses which may be incurred by the Trustee in connection with such redemption. From the sums so deposited the Trustee shall pay or cause to be paid to the holders of the Notes, upon surrender of such Notes, the principal and interest to which they are respectively entitled on redemption.
Deposit of Redemption Moneys. No later than 11:00 a.m. in Baltimore, Maryland on any Redemption Date, the Shipowner shall, except as contemplated by Section 3.08(b) or Article Fourth (d) of the Special Provisions, deposit or cause to be deposited with the Indenture Trustee or with any Paying Agent an amount in immediately available funds sufficient for such redemption (after taking into account any amounts then held by the Indenture Trustee or such Paying Agent and available for such redemption) with irrevocable directions to it to so apply the same.
Deposit of Redemption Moneys. Prior to the opening of business on any Redemption Date, the Shipowner shall, except as contemplated by Section 3.08(b), deposit or cause to be deposited with the Indenture Trustee or (except in the case of redemptions pursuant to Section 3.04, 3.05 or 3.06) with any Paying Agent an amount sufficient for such redemption (after taking into account any amounts then held by the Indenture Trustee or such Paying Agent and available for such redemption) with irrevocable directions to it to so apply the same.
Deposit of Redemption Moneys. Such redemption shall be provided for by depositing with the Trustee, at least three (3) business days prior to the redemption date fixed in such notice, such sums as may be sufficient to pay the redemption price of such Debentures including accrued interest on the Debentures so called for redemption to the date of redemption. The Company shall also deposit with the Trustee if required by it a sum sufficient to pay any charges or expenses which may be incurred by the Trustee in connection with such redemption. From the sums so deposited the Trustee shall pay or cause to be paid to the holders of such Debentures so called for redemption, upon surrender of such Debentures, the principal and interest to which they are respectively entitled on redemption.
Deposit of Redemption Moneys. Upon Bonds having been called for redemption as hereinbefore provided, the Company shall deposit with the Trustee or with any Paying Agent to the order of the Trustee, or the Paying Agent, as the case may be, on or before the Redemption Date fixed in the Redemption Notice, such sums as may be sufficient to pay the Redemption Price of the Bonds so to be redeemed. From the sums so deposited the Trustee or the Paying Agent shall pay or cause to be paid to the holders of such Bonds so called for redemption, upon surrender of such Bonds, the principal and interest to which they are entitled on redemption.
Deposit of Redemption Moneys. Upon TCPL Sub Notes having been called for redemption, the Issuer shall deposit with the Trustee, on or before the redemption date fixed in the relevant notice of redemption, such sums as may be sufficient to pay the redemption price of the TCPL Sub Notes to be redeemed, together with accrued interest, if any, and the estimated charges and expenses to be incurred in connection with such redemption. From the sums so deposited, the Trustee shall pay or cause to be paid to the Holders of the TCPL Sub Notes called for redemption, upon surrender of such TCPL Sub Notes, the applicable redemption price and interest (less any applicable withholding taxes, to the extent required or permitted by law and the specific terms applicable to a Series of TCPL Sub Notes) to which they are respectively entitled on redemption.
