Deposit of Redemption or Purchase Price. One Business Day prior to 10:00 a.m., Eastern Time, on any redemption date, the Company shall deposit with the Trustee or with the Paying Agent money in immediately available funds sufficient to pay the redemption or purchase price of and accrued interest, if any, on all Securities to be redeemed or purchased on that date. The Trustee or the Paying Agent shall promptly return to the Company any money deposited with the Trustee or the Paying Agent by the Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest on, all Securities to be redeemed or purchased.
Appears in 15 contracts
Samples: Subordinated Indenture (Pennsylvania Real Estate Investment Trust), Subordinated Indenture (Rli Corp), Indenture (Annuity & Life Re Holdings LTD)
Deposit of Redemption or Purchase Price. One Business Day prior to 10:00 a.m., a.m. Eastern Time, Time on any redemption date, the Company shall deposit with the Trustee or with the Paying Agent money in immediately available funds sufficient to pay the redemption or purchase price of and accrued interest, if any, on all Securities to be redeemed or purchased on that date. The Trustee or the Paying Agent shall promptly return to the Company any money deposited with the Trustee or the Paying Agent by the Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest on, all Securities to be redeemed or purchased.
Appears in 4 contracts
Samples: Senior Indenture (Pegasus Communications Corp), Subordinated Indenture (Pegasus Communications Corp), Subordinated Indenture (Pegasus Communications Corp)
Deposit of Redemption or Purchase Price. One Business Day prior to 10:00 a.m., Eastern Time, on any redemption date or purchase date, the Company shall deposit with the Trustee or with the Paying Agent money in immediately available funds sufficient to pay the redemption or purchase price of and accrued interest, if any, on all Securities to be redeemed or purchased on that date. The Trustee or the Paying Agent shall promptly return to the Company any money deposited with the Trustee or the Paying Agent by the Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest on, all Securities to be redeemed or purchased.
Appears in 3 contracts
Samples: Indenture (Navigators Group Inc), Subordinated Indenture (Navigators Group Inc), Indenture (Navigators Group Inc)
Deposit of Redemption or Purchase Price. One Business Day prior to Not later than 10:00 a.m., Eastern Time, on the Business Day immediately preceding any redemption date, the Company shall deposit with the Trustee or with the Paying Agent money in immediately available funds sufficient to pay the redemption or purchase price of and accrued interest, if any, on all Securities to be redeemed or purchased on that date. The Trustee or the Paying Agent shall promptly return to the Company any money deposited with the Trustee or the Paying Agent by the Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest on, all Securities to be redeemed or purchased.
Appears in 2 contracts
Samples: Senior Subordinated Indenture (Kulicke & Soffa Industries Inc), Subordinated Indenture (Kulicke & Soffa Industries Inc)
