Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3, that such Paying Agent will:
Appears in 5 contracts
Samples: Silicon Valley Bancshares, Silicon Valley Bancshares, Downey Financial Corp
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and or premium, if any) , or interest on on, any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and or premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, Agents it will, prior to 10:00 a.m. New York time am on each due date of the principal of or interest on on, any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and or premium, if any) , or interest interest, so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (or premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 5 contracts
Samples: Indenture (Peabody Energy Corp), Indenture (Peabody Energy Corp), Cottonwood Land Co
Money for Security Payments to be Held in Trust. If the Company Issuer shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and or premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal of (and or premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will shall promptly notify the Trustee of its action or failure so to act. Whenever the Company Issuer shall have one or more Paying AgentsAgents for the Securities, it willshall, prior to 10:00 a.m. New York time on or before each due date of the principal of (or premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will Issuer shall promptly notify the Trustee of its such action or any failure so to act. The Company will Issuer shall cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3903, that such Paying Agent willshall:
Appears in 4 contracts
Samples: Indenture (Level 3 Parent, LLC), Indenture (Level 3 Parent, LLC), Indenture (Level 3 Parent, LLC)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and or premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal of (and or premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it will, prior to 10:00 a.m. New York time on or before each due date of the principal of (or premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The Company will cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 4 contracts
Samples: Indenture (CFP Holdings Inc), Globenet Communications Group LTD, Valujet Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it will, prior to 10:00 a.m. New York time on or before each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum in same day funds (or New York Clearing House funds if such deposit is made prior to the date on which such deposit is required to be made) sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, interest and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.31003, that such Paying Agent will:
Appears in 4 contracts
Samples: Indenture (Cablevision Systems Corp), Indenture (CSC Holdings Inc), Indenture (CSC Holdings Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York Richmond, Virginia time on each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver make available for delivery to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 4 contracts
Samples: Highlands Capital Trust I, Guaranty Capital Trust I, Southern Financial Capital Trust I
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will shall promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it willshall, prior to 10:00 a.m. New York time on or before each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum in same day funds (or New York Clearing House funds if such deposit is made prior to the date on which such deposit is required to be made) sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, interest and (unless such Paying Agent is the Trustee) the Company will shall promptly notify the Trustee of its such action or any failure so to act. The Company will shall cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.31003, that such Paying Agent willshall:
Appears in 4 contracts
Samples: Indenture (Cablevision Systems Corp /Ny), Indenture (CSC Holdings Inc), Indenture (CSC Holdings Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will shall promptly notify the Trustee of its action or failure so to act. Whenever If the Company shall have one or more is not acting as Paying AgentsAgent, it willthe Company shall, prior to before 10:00 a.m. New York City time on each due date of the principal of of, premium, if any, or interest interest, on any Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) principal, premium, or interest, interest and (unless such Paying Agent is the Trustee) the Company will shall promptly notify the Trustee of its such action or any failure so to act. The If the Company will is not acting as Paying Agent, the Company shall cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent willshall:
Appears in 4 contracts
Samples: Security Agreement (Pioneer Companies Inc), Security Agreement (Pioneer Companies Inc), Security Agreement (Pioneer Companies Inc)
Money for Security Payments to be Held in Trust. If the Company Issuer shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and or premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal of (and or premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will shall promptly notify the Trustee of its action or failure so to act. Whenever the Company Issuer shall have one or more Paying AgentsAgents for the Securities, it willshall, prior to 10:00 a.m. New York time on or before each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will Issuer shall promptly notify the Trustee of its such action or any failure so to act. The Company will Issuer shall cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3903, that such Paying Agent willshall:
Appears in 3 contracts
Samples: Agreement (Level 3 Parent, LLC), Offering Proceeds Note Guarantee Agreement (Level 3 Parent, LLC), Indenture (Level 3 Parent, LLC)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, on or prior to 10:00 a.m. New York time on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a such Paying Agent a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 3 contracts
Samples: Indenture (Cypress Semiconductor Corp /De/), Indenture (Veritas Software Corp), Vantive Corp
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time Rocky Mountain time, on each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3, that such Paying Agent will:
Appears in 3 contracts
Samples: Fib Capital Trust, First Interstate Bancsystem of Montana Inc, Fib Capital Trust
Money for Security Payments to be Held in Trust. If the Company Bank shall at any time act as its own Paying Agent with respect to for any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on on, any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify notify, and in any event within ten (10) Business Days, the Trustee of its action or failure to so to act. Whenever the Company Bank shall have one or more Paying AgentsAgents for any series of Securities, it will, on or prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on on, any SecuritiesSecurities of such series, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal (and premium (premium, if any) or interest, and (unless such Paying Agent is the Trustee) the Company Bank will promptly notify notify, and in any event within ten (10) Business Days, the Trustee of its action or failure to so to act. The Company Bank will cause each Paying Agent other than the Trustee for any series of Securities to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 3 contracts
Samples: Indenture (Corpbanca/Fi), Indenture (Corpbanca/Fi), Banco Santander Chile
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and premium, if any, on) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it will, prior to 10:00 a.m. New York time on or before 12:00 noon on each due date of the principal of (and premium, if any, on), or interest on on, any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will shall promptly notify the Trustee of its such action or any failure so to act. The Company will shall cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 3 contracts
Samples: Indenture (Flores & Rucks Inc /De/), Ocean Energy Inc, Ocean Energy Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest interest, on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) or interest , and interest, so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee Trustee, in writing, of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time no later than the opening of business on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum in funds immediately payable on the payment date sufficient to pay the principal (and principal, premium, if any) , or interest interest, so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee Trustee, in writing, of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 3 contracts
Samples: Tia Indenture (Solectron Corp), Solectron Corp, Solectron Corp
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee Trustee, in writing, of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time no later than the opening of business on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum in funds immediately payable on the payment date sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee Trustee, in writing, of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 3 contracts
Samples: Anadigics Inc, Connetics Corp, Teradyne Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will shall promptly notify the Trustee of its action or failure so to act. Whenever If the Company shall have one or more is not acting as Paying AgentsAgent, it willthe Company shall, prior to before 10:00 a.m. New York City time on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent a sum in same-day funds sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will shall promptly notify the Trustee of its such action or any failure so to act. The If the Company will is not acting as Paying Agent, the Company shall cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent willshall:
Appears in 2 contracts
Samples: First Supplemental Indenture (Styrochem International LTD), Styrochem International Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest (and any Additional Interest) on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest (and any Additional Interest) so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 11:00 a.m. New York City time on each due date of the principal of or interest (and any Additional Interest) on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest (and any Additional Interest) so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interestinterest (and any Additional Interest), and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Hl&p Capital Trust Iv, Hl&p Capital Trust I
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and or premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal of (and or premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will shall promptly notify the Trustee in writing of its action or failure to so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it willshall, prior to 10:00 a.m. New York time on or before each due date of the principal of (or premium, if any) or interest on any Securities, deposit with a any Paying Agent a sum in same day funds (or New York Clearing House funds if such deposit is made prior to the date on which such deposit is required to be made) that shall be available to the Trustee by 11:00 a.m. New York City time on such due date sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will shall promptly notify the Trustee in writing of its such action or any failure to so to act. The Company will shall cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.33.6, that such Paying Agent willshall:
Appears in 2 contracts
Samples: Pico Holdings Inc /New, UCP, Inc.
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, no later than one Business Day prior to 10:00 a.m. New York time on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Indenture (DSC Communications Corp), Indenture (Alcatel Usa Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time shall act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time or on each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. An installment of principal of, premium if any, interest or Liquidated Damages with respect to the Securities shall be considered paid on the date it is due if the Trustee or a Paying Agent holds such amount for the benefit of Holders on or before 10:00 a.m., New York City time, on such date. The Company will cause each Paying Agent other than the Trustee or affiliate of the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York City time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and principal, premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Symons International Group Inc, Fresenius National Medical Care Holdings Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever If the Company shall have one or more is not acting as Paying AgentsAgent, it the Company will, prior to 10:00 a.m. New York time on before each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The If the Company is not acting as Paying Agent, the Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest (including Additional Interest) on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest (including Additional Interest) so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. a.m., New York time City time, on each due date of the principal of (or interest premium, if any) or interest, including Additional Interest on any Securities, ,deposit with a Paying Agent a sum sufficient to pay the principal (and premium, ,if any) or interest interest, including Additional Interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal (and premium (premium, if any) or interest, including Additional Interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Equitable Resources Capital Trust I, Equitable Resources Inc /Pa/
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and or premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal of (and or premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee in writing of its action or failure to so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it will, prior to 10:00 a.m. New York time on or before each due date of the principal of (or premium, if any) or interest on any Securities, deposit with a any Paying Agent a sum in same day funds (or New York Clearing House funds if such deposit is made prior to the date on which such deposit is required to be made) that shall be available to the Trustee by 10:00 a.m. New York City time on such due date sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee in writing of its such action or any failure to so to act. The Company will cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Corporate Execution and Notary Acknowledgment (Smithfield Foods Inc), Smithfield Foods Inc
Money for Security Payments to be Held in Trust. If the ----------------------------------------------- Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York Norfolk, Virginia time on each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver make available for delivery to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Commonwealth Bankshares Inc, Commonwealth Bankshares Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever If the Company shall have one or more is not acting as Paying AgentsAgent, it the Company will, prior to 10:00 a.m. New York time on before each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The If the Company is not acting as Paying Agent, the Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.31003, that such Paying Agent will:
Appears in 2 contracts
Samples: New Century Financial Corp, Indenture (New Century Financial Corp)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee Trustee, in writing, of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. no later than the opening of business in New York time City on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum in funds immediately payable on the payment date sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee Trustee, in writing, of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Indenture (Church & Dwight Co Inc /De/), Bowne & Co Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to for any series of Securities, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such series, and the Coupons, if any, appertaining thereto, set aside, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premiumprincipal, if any) premium or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for any series of Securities, it will, prior to 10:00 a.m. New York time on each due date of the principal of of, premium, if any, or interest on any SecuritiesSecurities of such series, deposit and Coupons, if any, appertaining thereto, deposit, subject to Section 4.04(c), with a Paying Agent a sum sufficient to pay the principal (and premiumprincipal, if any) premium or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent for any series of Securities other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the TrusteeTrustee and the Company, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Indenture (PNC Funding Corp), Bancorpsouth Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or any premium or interest on any of the Securities of such that series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for any series of Securities, it will, prior to 10:00 a.m. New York time on each due date of the principal of or interest on any SecuritiesSecurities of that series, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent for any series of Securities other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.31003, that such Paying Agent will:
Appears in 2 contracts
Samples: Georgia Gulf Corp /De/, Georgia Gulf Corp /De/
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York no later than 12:00 noon Eastern time on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3SECTION 9.3, that such Paying Agent will:
Appears in 2 contracts
Samples: Indenture (Etoys Inc), Indenture (Etoys Inc)
Money for Security Payments to be Held in Trust. If the Company or any Subsidiary Guarantor shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Indenture (Emergent Group Inc), Indenture (Staples Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own a Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) , or interest (including Liquidated Damages, if any) on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) , or interest (including Liquidated Damages, if any) so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, one Business Day prior to 10:00 a.m. New York time on each due date of the principal of and premium, if any, or interest (including Liquidated Damages, if any) on any SecuritiesSecurities (or, if applicable, cash in lieu of conversion of any Security), deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) , or interest (including Liquidated Damages, if any) so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interestinterest (including Liquidated Damages, if any), and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Indenture (Comverse Technology Inc/Ny/), Comverse Technology Inc/Ny/
Money for Security Payments to be Held in Trust. If the Company Corporation shall at any time act as its own Paying Agent with respect to any series of the Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company Corporation shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York City time on each due date of the principal of and premium if any or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company Corporation will promptly notify the Trustee of its failure so to act. The Company Corporation will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Money for Security Payments to be Held in Trust. If the Company Issuer shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Issuer will promptly notify the Trustee of its action or failure so to act. Whenever the Company Issuer shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time no later than the opening of business on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company Issuer will promptly notify the Trustee of its any failure so to act. The Company Issuer will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Indenture (Shire PLC), Indenture (Shire Pharmaceuticals Group PLC)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) principal, premium, or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Phoenix Companies Inc/De, Phoenix Duff & Phelps Corp
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and or premium, if any) , or interest on on, any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and or premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, Agents it will, prior to 10:00 a.m. New York time am on each due date of the principal of or interest on on, any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and or premium, if any) , or interest interest, so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (or premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to under Securities of any series of Securitiesseries, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for Securities of any series, it will, prior to 10:00 a.m. New York time on or before each due date of the principal of or interest on any SecuritiesSecurities of such series, deposit with a the Paying Agent therefor a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The Company will cause each Paying Agent (other than the Trustee Trustee) for any series of Securities to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Indenture (IVZ Inc), Indenture (IVZ Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each 10:00 a.m., New York time, on the due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Forest City Enterprises Inc, Forest City Enterprises Inc
Money for Security Payments to be Held in Trust. If the Company Note Issuer shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Company Note Issuer shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York City time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and principal, premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company Note Issuer will promptly notify the Trustee of its action or failure so to act. The Company Note Issuer will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Fresenius National Medical Care Holdings Inc, Fresenius National Medical Care Holdings Inc
Money for Security Payments to be Held in Trust. If the Company Issuer or the Guarantors shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest or any other amounts due on any of the Securities of such seriesNotes, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest or any other amounts due so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company Issuer shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of or interest or any other amounts due on any SecuritiesNotes, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest or any other amounts due so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interestinterest or any other amounts due, and (unless such Paying Agent is the Trustee) the Company Issuer will promptly notify the Trustee of its action or failure so to act. The Company Issuer will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Converium Holding Ag, Converium Holding Ag
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of the Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such that series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for any series of the Securities, it will, on or prior to 10:00 a.m. New York time on each due date of the principal of or interest on any SecuritiesSecurities of that series, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent for any series of Securities (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Occidental Petroleum Corp /De/, Oxy Capital Trust Iii
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and or premium, if any) , or interest on on, any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and or premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, Agents it will, on or prior to 10:00 a.m. New York time on each due date of the principal of or interest on on, any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and or premium, if any) , or interest interest, so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (or premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Kerr McGee Corp /De, Kerr McGee Corp /De
Money for Security Payments to be Held in Trust. If the Company shall at any time shall act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time or on each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee or affiliate of the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Aspen Technology Inc /De/, Genesco Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such series106 Securities, segregate and hold in trust for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever If the Company shall have one or more is not acting as Paying AgentsAgent, it the Company will, prior to 10:00 a.m. New York time on before each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The If the Company is not acting as Paying Agent, the Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Lease Agreement (Sinclair Broadcast Group Inc), Indenture (Sinclair Broadcast Group Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest interest, on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) or interest , and interest, so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time no later than the opening of business on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum in funds immediately payable on the payment date sufficient to pay the principal (and principal, premium, if any) , or interest interest, so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 2 contracts
Samples: Hewitt Associates Inc, Exult Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriessecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Indenture (Analog Devices Inc)
Money for Security Payments to be Held in Trust. If the Company Issuer or the Guarantors shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company Issuer shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company Issuer will promptly notify the Trustee of its action or failure so to act. The Company Issuer will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Regency Centers Lp
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee in writing of its action or failure to so to act. Whenever If the Company shall have one or more is not the Paying AgentsAgent, it the Company will, prior to 10:00 by 11:00 a.m. New York time Eastern Standard Time on each due date of the principal of or interest on any Securities, which by the terms of this Indenture require a cash payment, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee in writing of its such action or any failure to so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons -144- 156 entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, one Business Day prior to 10:00 a.m. New York time on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Staples Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever If the Company shall have one or more is not acting as Paying AgentsAgent, it the company will, prior to 10:00 a.m. New York time on or before each due date of the principal of of, premium, if any, or interest on on, any Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The If the Company is not acting as Paying Agent, the Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Intercompany Agreement (Vencor Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and or premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal of (and or premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will shall promptly notify the Trustee in writing of its action or failure to so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it willshall, prior to 10:00 a.m. New York time on or before each due date of the principal of (or premium, if any) or interest on any Securities, deposit with a any Paying Agent a sum in same day funds (or New York Clearing House funds if such deposit is made prior to the date on which such deposit is required to be made) that shall be available to the Trustee by 10:00 a.m. New York City time on such due date sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will shall promptly notify the Trustee in writing of its such action or any failure to so to act. The Company will shall cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent willshall:
Appears in 1 contract
Samples: Indenture (Brunswick Corp)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and or premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal of (and or premium, if any) or interest so becoming due until such 75 64 sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will shall promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it willshall, prior to 10:00 a.m. New York time on or before each due date of the principal of (or premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will shall promptly notify the Trustee of its such action or any failure so to act. The Company will shall cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent willshall:
Appears in 1 contract
Samples: Tri State Outdoor Media Group Inc
Money for Security Payments to be Held in Trust. If ----------------------------------------------- the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, on or prior to 10:00 a.m. New York time on each due date of the principal of and premium, if any, or interest on any Securities, deposit with a the Paying Agent or Paying Agents a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (and, unless such Paying Agent is the Trustee) , the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Nationwide Financial Services Inc/
Money for Security Payments to be Held in Trust. If the Company Issuer shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Issuer will promptly notify the Trustee of its action or failure so to act. Whenever the Company Issuer shall have one or more Paying Agents, it will, on or prior to 10:00 a.m. New York time on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a such Paying Agent a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company Issuer will promptly notify the Trustee of its action or any failure so to act. The Company Issuer will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Indenture (Wind River Systems Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and or premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal of (and or premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will shall promptly notify the Trustee in writing of its action or failure to so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it willshall, prior to 10:00 a.m. New York time on or before each due date of the principal of (or premium, if any) or interest on any Securities, deposit with a any Paying Agent a sum in same day funds (or New York Clearing House funds if such deposit is made prior to the date on which such deposit is required to be made) that shall be available to the Trustee by 10:00 a.m. New York City time on such due date sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will shall promptly notify the Trustee in writing of its such action or any failure to so to act. The Company will shall cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.33.8, that such Paying Agent willshall:
Appears in 1 contract
Samples: Indenture (Brunswick Corp)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and or premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and of or premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it will, prior to 10:00 a.m. New York time on or before each due date of the principal of or premium, if any, or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The Company will cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Safety Kleen Corp/
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever If the Company shall have one or more is not acting as Paying AgentsAgent, it the Company will, prior to 10:00 a.m. New York time on or before each due date of the principal of of, premium, if any, or interest on on, any Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The If the Company is not acting as Paying Agent, the Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Viking Distillery Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time will act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to no later than 10:00 a.m. New York Eastern time on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.38.3, that such Paying Agent will:
Appears in 1 contract
Samples: Asm International N V
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or not more than one Business Day before each due date of the principal of (and premiumof, if any) or interest on on, any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever If the Company shall have one or more is not acting as Paying AgentsAgent, it the company will, prior to 10:00 a.m. New York time on or before each due date of the principal of of, or interest on on, any Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The If the Company is not acting a Paying Agent, the Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Indenture (Conseco Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time 11:00 a.m., Eastern time, on each due date of the principal of (and premium, if any) or interest on any Securities, deposit in immediately available funds with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Indenture (Offshore Logistics Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premiumpre- mium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on or before each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Tultex Corp
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on any Securitiessecurities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming duesuch amount, such sum to be held in trust for as provided by the benefit of the Persons entitled to such principal and premium (if any) or interestTrust Indenture Act, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.31003, that such Paying Agent will:
Appears in 1 contract
Samples: Intermagnetics General Corp
Money for Security Payments to be Held in Trust. If the Company Trust shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any, on) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company Trust shall have one or more Paying AgentsAgents for the Securities, it will, prior to 10:00 a.m. New York time on or before each due date of the principal of (and premium, if any, on), or interest on on, any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company Trust will promptly notify the Trustee of its such action or any failure so to act. The Company Trust will cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Subordination Agreement (Saul B F Real Estate Investment Trust)
Money for Security Payments to be Held in Trust. If the Company Note Issuer shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will shall promptly notify the Trustee of its action or failure so to act. Whenever the Company Note Issuer shall have one or more Paying Agents, it willshall, prior to 10:00 a.m. New York City time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and principal, premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company Note Issuer will promptly notify the Trustee of its action or failure so to act. The Company will Note Issuer shall cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent willshall:
Appears in 1 contract
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. no later then 11:00 AM New York city time on each the due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Poindexter J B & Co Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York City time on each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and 66 73 premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: American General Corp /Tx/
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Indenture (Rite Aid Corp)
Money for Security Payments to be Held in Trust. If ------------------------------------------------ the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York City time on each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver make available for delivery to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Central Fidelity Capital Trust I
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, one Business Day prior to 10:00 a.m. New York time on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Indenture (United Waste Systems Inc)
Money for Security Payments to be Held in Trust. If ------------------------------------------------ the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming duesuch amount, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.310.03, that such Paying Agent will:
Appears in 1 contract
Samples: Xerox Corp
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York [______ CITY] time on each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3, that such Paying Agent will:
Appears in 1 contract
Samples: GBB Capital I
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and or premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal of (and or premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure to so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it will, prior to 10:00 a.m. New York time on or before each due date of the principal of (or premium, if any) or interest on any Securities, deposit with a Paying Agent a sum in same day funds (or New York Clearing House funds if such deposit is made prior to the date on which such deposit is required to be made) that shall be available to the Trustee by 11:00 a.m. Eastern Standard Time on such due date sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure to so to act. The Company will cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Colortyme Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any, on) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it will, prior to 10:00 a.m. New York time on or before each due date of the principal of (and premium, if any, on) or interest on on, any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The Company will cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: 510152 N B LTD
Money for Security Payments to be Held in Trust. If the Company Issuer shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Issuer will promptly notify the Trustee of its action or failure so to act. Whenever the Company Issuer shall have one or more Paying Agents, it will, on or prior to 10:00 a.m. New York time on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company Issuer will promptly notify the Trustee of its any failure so to act. The Company Issuer will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Atmel Corp
Money for Security Payments to be Held in Trust. If the Company shall at any time will act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York no later than 12:00 noon Eastern time on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.38.3, that such Paying Agent will:
Appears in 1 contract
Samples: Cell Therapeutics Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of 100 -91- (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.31003, that such Paying Agent will:
Appears in 1 contract
Samples: First Financial Caribbean Corp
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any, on) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it will, prior to 10:00 a.m. New York time on or before each due date of the principal of (and premium, if any, on), or interest on on, any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, 60 if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The Company will cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest (including any Special Interest) on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time no later than the opening of business on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum in funds immediately payable on the payment date sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Indenture (Reliant Resources Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest (including Additional Interest) on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest (including Additional Interest) so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. 12:00 noon New York City time on each due date of the principal of (and premium, if any) or interest (including Additional Interest) on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest (including Additional Interest) so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal (and premium (premium, if any) or interestinterest (including Additional Interest), and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Pennsylvania Power & Light Co /Pa
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, on or prior to 10:00 11:00 a.m. New York City time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and principal, premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own a Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) principal, premiums or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Money for Security Payments to be Held in Trust. If the Company Corporation shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on on, any of the Securities of such series(including the Repayment Date and the Redemption Date), segregate and hold in trust for the benefit of the Persons entitled thereto Holders of such Securities a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons Holders or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever the Company Corporation shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of or interest on on, any SecuritiesSecurities (including the Repayment Date and the Redemption Date), deposit with a Paying Agent a sum sufficient to pay the principal (and premiumor interest, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to Holders of such principal and premium (if any) or interest, Securities and (unless such Paying Agent is the Trustee) the Company Corporation will promptly notify the Trustee of its action or failure so to act. The Company Corporation will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and or premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal of (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee in writing of its action or failure to so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it will, prior to 10:00 a.m. New York time on or before each due date of the principal of (or premium, if any) or interest on any Securities, deposit with a any Paying Agent a sum in same day funds (or New York Clearing House funds if such deposit is made prior to the date on which such deposit is required to be made) that shall be available to the Trustee by 10:00 a.m. New York City time on such due date sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee in writing of its such action or any failure to so to act. The Company will cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: CBS Corp
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will shall promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it willshall, prior to 10:00 a.m. New York time on or before each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum in same day funds (or New York Clearing House funds if such deposit is 80 made prior to the date on which such deposit is required to be made) sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, interest and (unless such Paying Agent is the Trustee) the Company will shall promptly notify the Trustee of its such action or any failure so to act. The Company will shall cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.31003, that such Paying Agent willshall:
Appears in 1 contract
Samples: AMC Networks Inc.
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on Securities of any Securitiesseries, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Rite Aid Corp
Money for Security Payments to be Held in Trust. If the Company shall at any time will act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York no later than 12:00 noon Eastern time on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.38.3, ----------- that such Paying Agent will:
Appears in 1 contract
Samples: Cell Therapeutics Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal Principal of (and premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal Principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, on or prior to 10:00 a.m. New York time on each due date of the principal Principal of and premium, if any, or interest on any Securities, deposit with a the Paying Agent or Paying Agents a sum sufficient to pay the principal (and Principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (Principal, premium, if any) , or interest, and (and, unless such Paying Agent is the Trustee) , the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time no later then 11:00 AM EST on each the due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Indenture (Universal Brixius Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (of, and premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (principal, and premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of of, and premium, if any, or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (principal, and premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Indenture (Imax Corp)
Money for Security Payments to be Held in Trust. If the Company Bank shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any, an) or interest on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company Bank shall have one or more Paying Agents, it will, prior to 10:00 a.m. a.m., New York time City time, on each due date of the principal of (or premium, if any) or interest (including any Additional Interest) on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest (including any Additional Interest) so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal (and premium (premium, if any) or interestinterest (including any Additional Interest), and (unless such Paying Agent is the Trustee) the Company Bank will promptly notify the Trustee of its failure so to act. The Company Bank will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it willshall, on or before each due date of the principal of (and or premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal of (and or premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will shall promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it willshall, prior to 10:00 a.m. New York time on or before each due date of the principal of (or premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. 106 The Company will shall cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.31003, that such Paying Agent willshall:
Appears in 1 contract
Samples: Level 3 Communications Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it the Company will, on or before each due date of the principal payments in respect of (and premium, if any) or interest on any of the Securities of such seriesSecurity, segregate and hold in trust for the benefit of the Persons persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest such payment when so becoming due until such sums sum shall be paid to such Persons persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. Whenever If the Company shall have one is acting as Paying Agent, the Company will on or more Paying Agents, it will, prior to 10:00 a.m. New York time on each before the due date of the principal payment in respect of or interest on any Securities, Security deposit with a Paying Agent a sum in same day funds (or New York Clearing House funds if such deposit is made prior to the date on which such deposit is required to be made) sufficient to pay the principal (and premium, if any) or interest make such payment when so becoming due, such sum to be held in trust for the benefit of the Persons persons entitled to such principal and premium (if any) or interest, payment and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The If the Company is not acting as Paying Agent, the Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Money for Security Payments to be Held in Trust. If the Company Issuers shall at any time act as its their own Paying Agent with respect to any series of SecuritiesAgent, it they will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its their action or failure so to act. Whenever the Company Issuers shall have one or more Paying Agents, it they will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company Issuers will promptly notify the Trustee of its their action or failure so to act. The Company Issuers will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Voicestream Wireless Corp /De
Money for Security Payments to be Held in Trust. If the Company ----------------------------------------------- shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time no later than the opening of business on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum in funds immediately payable on the payment date sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and or premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal of (and or premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying AgentsAgents for the Securities, it will, prior to on or before 10:00 a.m. New York time on each due date of the principal of (or premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The Company will cause each Paying Agent (other than the Trustee Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Indenture (Inter Act Systems Inc)
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York 12:00 noon Eastern time on each due date of the principal of or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3, that such Paying Agent will:
Appears in 1 contract
Samples: Praegitzer Industries Inc
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to 10:00 a.m. New York time on each due date of the principal of (and premium, if any) or interest on any Securities, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and principal, premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Rite Aid Corp
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or before each due date of the principal of (and of, premium, if any) , or interest on any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, provided and the Company will promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, one Business Day prior to 10:00 a.m. New York time on each due date of the principal of of, premium, if any, or interest on any Securities, deposit with a Paying Agent the Trustee a sum sufficient to pay the principal (and principal, premium, if any) , or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (principal, premium, if any) , or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its any failure so to act. The Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3, that such Paying Agent will:
Appears in 1 contract
Samples: Baan Co N V
Money for Security Payments to be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of SecuritiesAgent, it will, on or not more than one Business Day before each due date of the principal of (and premiumof, if any) or interest on on, any of the Securities of such seriesSecurities, segregate and hold in trust for the benefit of the Persons Holders entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure to so to act. Whenever If the Company shall have one or more is not acting as Paying AgentsAgent, it the Company will, prior to 10:00 a.m. New York time on or before each due date of the principal of of, and premium, if any, or interest on on, any of the Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its such action or any failure so to act. The If the Company is not acting as Paying Agent, the Company will cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.3Section, that such Paying Agent will:
Appears in 1 contract
Samples: Indenture (Regus PLC)
