Common use of Deposit of Redemption Monies Clause in Contracts

Deposit of Redemption Monies. Upon Debentures being called for redemption as provided for in Section 3.03, but subject to Section 3.06, the Corporation will deposit with the Trustee or any Paying Agent to the order of the Trustee or for the account of the Trustee, on or prior to the Redemption Date specified in the Redemption Notice, such certificates and sums as are sufficient to pay the Redemption Amount of the Debentures (less any Taxes required to be deducted). From the certificates and sums so deposited, the Trustee will pay or cause to be delivered or paid to the Holders, upon surrender of the Debentures, the Redemption Amount thereof.

Appears in 2 contracts

Samples: First Supplemental Indenture (Stelco Inc /Fi), First Supplemental Indenture (Stelco Inc /Fi)

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Deposit of Redemption Monies. Upon the Debentures being called for redemption as provided for in Section 3.03section 3.4, but subject to Section 3.06section 3.7, the Corporation will Company shall deposit with the Indenture Trustee or any Paying Agent to the order of the Indenture Trustee or for the account of the Indenture Trustee, on or prior to the Redemption Date specified in the Redemption Notice, such certificates and sums as are sufficient to pay the Redemption Amount of the Debentures (less any Taxes required to be deducted)Debentures. From the certificates and sums so deposited, the Indenture Trustee will shall pay or cause to be delivered or paid to the Holders, upon surrender of the Debentures, the Redemption Amount thereof.

Appears in 1 contract

Samples: Indenture (Alamos Gold Inc)

Deposit of Redemption Monies. Upon Debentures being called for redemption as provided for in Section 3.03section 3.03 hereof, but subject to Section section 3.06, the Corporation will Company shall deposit with the Trustee or any Paying Agent paying agent to the order of the Trustee or for the account of the Trustee, on or prior to the Redemption Date redemption date specified in the Redemption Notice, such certificates and sums as are sufficient to pay the Redemption Amount of the Debentures (less any Taxes required to be deducted)Debentures. From the certificates and sums so deposited, the Trustee will shall pay or cause to be delivered or paid to the Holders, Holders upon surrender of the Debentures, Debentures the Redemption Amount thereof.

Appears in 1 contract

Samples: Indenture (Telesystem International Wireless Inc)

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Deposit of Redemption Monies. Upon Debentures being called for redemption as provided for in Section 3.033.3 hereof, but subject to Section 3.063.6, the Corporation will shall deposit with the Trustee or any Paying Agent paying agent to the order of the Trustee or for the account of the Trustee, on or prior to the Redemption Date specified in the Redemption Notice, such certificates and sums as are sufficient to pay the Redemption Amount of the Debentures (less any Taxes tax required by law to be deducted). From the certificates and sums so deposited, the Trustee will shall pay or cause to be delivered or paid to the Holders, upon surrender of the Debentures, the Redemption Amount thereofthereof (less any tax required by law to be deducted).

Appears in 1 contract

Samples: Indenture (Amvescap PLC/London/)

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