Common use of Money for Security Payments to be Held in Trust Clause in Contracts

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates shall at any time act as Paying Agent, it will, on or before each due date of the principal of, premium, if any, or interest on any of the Securities, segregate and hold in trust for the benefit of the Holders entitled thereto a sum sufficient to pay the 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. If the Company or any of its Affiliates is not acting as Paying Agent, the Company will, on or before each due date of the principal of, premium, if any, or interest on any of the Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the 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, premium or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of such action or any failure so to act. 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, that such Paying Agent will:

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates Corporation shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of, premium, of or premium (if any, or ) and interest on any of the Securities, segregate and hold in trust in a trust or special deposit account for the benefit of the Holders Persons entitled thereto a sum sufficient to pay the principal, premium, premium (if any, ) or interest so becoming due until such sums sum shall be paid to such Persons Person or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure so to act. If Whenever the Company Corporation shall have one or any of its Affiliates is not acting as more Paying AgentAgents, the Company it will, on or before prior to each due date for the payment of the principal of, premium, of or premium (if any, ) or interest on any of the Securities, deposit with a the Paying Agent a sum in same day funds Agents sums sufficient to pay the principal, premium, premium (if any, ) or interest so becoming due, such sum sums to be held in trust for the benefit of the Persons entitled to such principalpayments pursuant to the agreement referred to in Section 2.04; and, premium or interest, and (unless such Paying Agent is the Trustee) , the Company Corporation will promptly notify the Trustee of such its action or any failure so to act. If For the Company is not acting as purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, the Corporation may at any time pay, or direct any Paying Agent to pay, to the Trustee all sums held in trust by the Corporation or such Paying Agent, the Company will cause each Paying Agent other than the Trustee such sums to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with be held by the Trustee, subject to the provisions of this Section, that Corporation or such Paying Agent will:Agent, as the cast may be, shall be released from all further liability with respect to such money.

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of, of or premium, if any, or interest on on, any of the Securities, segregate and hold in trust for the benefit of the Holders Persons entitled thereto a sum sufficient to pay the principal, principal 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. If Whenever the Company shall have one or any of its Affiliates is not acting as more Paying Agent, the Company Agents it will, on or before prior to each due date of the principal of, premium, if any, of or interest on on, any of the Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal, principal 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 principalprincipal or premium, premium if any, or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of such its action or any failure so to act. If the Company is not acting as Paying Agent, the 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, that such Paying Agent will:

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates shall at any time act as its own Paying Agent, it willshall, on or before each due date of the principal of, premium, if any, or interest on any of the Securities, segregate and hold in trust for the benefit of the Holders entitled thereto a sum sufficient to pay the 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. If the Company or any of its Affiliates is not acting as Paying Agent, the Company willshall, before 10:00 a.m. New York City time on or before each due date of the principal of, premium, if any, or interest interest, on any of the Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the 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, premium premium, or interest, interest and (unless such Paying Agent is the Trustee) the Company will shall promptly notify the Trustee of such action or any failure so to act. If the Company is not acting as Paying Agent, 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, that such Paying Agent willshall:

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates shall at any time act as its own Paying AgentAgent with respect to any series of Securities, it will, on or before each due date of the principal of, of (and premium, if any, ) or interest (including Additional Interest) on any of the SecuritiesSecurities of such series, segregate and hold in trust for the benefit of the Holders Persons entitled thereto a sum sufficient to pay the principal, 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 action or failure so to act. If Whenever the Company shall have one or any of its Affiliates is not acting as more Paying AgentAgents, the Company it will, prior to 10:00 a.m., New York City time, on or before each due date of the principal of, of (or premium, if any) or interest, or interest including Additional Interest on any of the Securities, ,deposit with a Paying Agent a sum in same day funds sufficient to pay the principal, principal (and premium, ,if any) or interest, or interest including Additional Interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principalprincipal (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 such action or any its failure so to act. If the Company is not acting as Paying Agent, the 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, that such Paying Agent will:

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of, premium, if any, or interest on any of the Securities, segregate and hold in trust for the benefit of the Holders Persons entitled thereto a sum sufficient to pay the 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. If Whenever the Company shall have one or any of its Affiliates is not acting as more Paying AgentAgents, the Company it will, no later than the opening of business on or before each due date of the principal of, premium, if any, or interest on any of the Securities, deposit with a Paying Agent the Trustee a sum in same day funds immediately payable on the payment date sufficient to pay the 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, premium premium, if any, or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of such action or any failure so to act. If the Company is not acting as Paying Agent, the 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, that such Paying Agent will:

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates shall at any time act as Paying Agent, it will, on or before each due date of the principal of, premium, if any, or interest on any of the Securities, segregate and hold in trust for the benefit of the Holders entitled thereto a sum sufficient to pay the 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. If the Company or any of its Affiliates is not acting as Paying Agent, the Company will, on or before each due date of the principal of, premium, if any, or interest on any of the Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the 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, premium or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of such action or any failure so to act. 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 SectionSection 1003, that such Paying Agent will:

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of, premium, if any, of or interest (together with any Additional Amounts payable thereon) on any of the Securities, segregate and hold in trust for the benefit of the Holders Persons entitled thereto a sum sufficient to pay the principal, premium, if any, principal or interest (together with any Additional Amounts payable thereon) 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. If Whenever the Company shall have one or any of its Affiliates is not acting as more Paying AgentAgents, the Company it will, on or before prior to each due date of the principal of, premium, if any, of or interest (together with any Additional Amounts payable thereon) on any of the Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal, 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, premium principal or interestinterest (together with any Additional Amounts payable thereon), and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of such its action or any failure so to act. If the Company is not acting as Paying Agent, the 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 SectionSection 1003, that such Paying Agent will:

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates shall at any time act as its own Paying AgentAgent for any series of Securities, it will, on or before each due date of the principal of, premium, if any, or interest on any of the SecuritiesSecurities of such series and any appurtenant coupons, segregate and hold in trust for the benefit of the Holders Persons entitled thereto a sum sufficient to pay the principal, premium, 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. If Whenever the Company shall have one or more Paying Agents for any series of its Affiliates is not acting as Paying AgentSecurities, the Company it will, at or prior to the opening of business on or before each due date of the principal of, premium, if any, or interest on any Securities of the Securitiessuch series and any appurtenant coupons, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal, premium, 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, premium or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of such its action or any failure so to act. If the Company is not acting as Paying Agent, the The Company 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, that such Paying Agent will:Paying

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates Affiliates, shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of, of (premium, if any, ) or interest on any of the Securities, segregate and hold in trust for the benefit of the Holders Persons entitled thereto a sum sufficient to pay the 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 to so to act. If the Company or any of its Affiliates is not acting as Paying Agent, the Company will, on or before each due date of the principal of, premium, if any, or interest on any of the Securities, deposit with a Paying Agent a sum in same day funds sufficient to pay the 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, premium premium, if any, or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of such action or any failure so to act. 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, that such Paying Agent will:

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates shall at any time act as its own Paying Agent, it will, on or before each due date of the principal of, premium, if any, or interest on any of the Securities, segregate and hold in trust for the benefit of the Holders entitled thereto a sum sufficient to pay the principal, premium, if any, or interest so becoming due until such sums 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. If the Company or any of its Affiliates is not acting as Paying Agent, the Company will, on or before each due date of the principal of, 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, premium, if any, or interest so becoming due, such sum to be held in trust for the benefit of the Persons Holders entitled to such principal, premium or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of such action or any failure so to act. 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 will agree with the Trustee, subject to the provisions of this SectionSection 10.03, that such Paying Agent will:

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates shall at any time act as its own Paying Agent, it willshall, on or before each due date of the principal of, of (and premium, if any, on) or interest on any of the Securities, segregate and hold in trust for the benefit of the Holders 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. If Whenever the Company shall have one or any of its Affiliates is not acting as more Paying AgentAgents for the Securities, the Company it will, on or before 11:00 A.M., New York City time, on each due date of the principal of, of (and premium, if any, on), or interest on on, any of the Securities, deposit with a Paying Agent a sum in same day funds 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, premium or interest, and (unless such Paying Agent is the Trustee) the Company will shall promptly notify the Trustee of such action or any failure so to act. If the The Company is not acting as Paying Agent, 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, that such Paying Agent will:

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates Subsidiaries shall at any time act as the Paying Agent, it will, on or before each due date of a Redemption Date, the principal ofFinal Payment Date or the Default Payment Date, premium, if any, or interest on any of as the Securitiescase may be, segregate and hold in trust for the benefit of the Holders Persons entitled thereto a sum sufficient to pay the principal, premiumamounts, 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. If Whenever the Company shall have one or any of its Affiliates is not acting as more Paying AgentAgents for the Securities, the Company it will, on or before each due date of the principal ofFinal Payment Date, premiuma Redemption Payment Date or the Default Payment Date, if any, or interest on any of as the Securitiescase may be, deposit with a Paying Agent a sum in same day funds sufficient to pay the principal, premiumamount, if any, or interest so becoming due, ; such sum to be held in trust for the benefit of the Persons entitled to such principal, premium or interestamount, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of such action or any failure so to act. If the Company is not acting as Paying Agent, the 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, that such Paying Agent will:,

Money for Security Payments to be Held in Trust. If the Company or any of its Affiliates shall at any time act as its own Paying AgentAgent with respect to any series of Securities, it will, on or before each due date of the principal of, of (and premium, if any, ) or interest on any of the SecuritiesSecurities of such series, segregate and hold in trust for the benefit of the Holders 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, and will promptly notify the Trustee of its action or failure so to act. If Whenever the Company shall have one or any of its Affiliates is not acting as more Paying AgentAgents, the Company it will, prior to 10:00 a.m. New York City time on or before each due date of the principal of, premium, if any, of or interest on any of the Securities, deposit with a Paying Agent a sum in same day funds 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, principal and premium (if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of such action or any its failure so to act. If the Company is not acting as Paying Agent, the 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, that such Paying Agent will: