Payment of Amounts. At the time when the Company is required under the terms of the LLC Agreement to pay Arrears of Payments to the holders of the Class B Preferred Securities, the Bank shall release Account Moneys, for value on the date such Arrears of Payments are paid to such holders, in an amount equivalent to the amount of the Arrears of Payments then required to be and being paid.
Appears in 2 contracts
Samples: Subordinated Deposit Agreement (Deutsche Bank Contingent Capital LLC II), Subordinated Deposit Agreement (Deutsche Bank Contingent Capital LLC III)
Payment of Amounts. At the time when the Company is required under the terms of the LLC Agreement to pay Arrears of Payments to the holders of on the Class B Preferred Securities, the Bank shall release Account Moneys, for value on the date such Arrears of Payments are paid to such holderson the Class B Preferred Securities, in an amount equivalent to the amount of the Arrears of Payments then required to be and being paid.
Appears in 2 contracts
Samples: Subordinated Deposit Agreement (Deutsche Bank Contingent Capital LLC V), Subordinated Deposit Agreement (Deutsche Bank Contingent Capital LLC V)
