Payment of Expenses of Trust. The Company covenants for the benefit of the Holders of the Series __ Debentures to pay all of the costs and expenses of Trust __ in accordance with Section 2.03(b) of the Trust __ Agreement and to pay the taxes of Trust __ in accordance with Section 2.03(c) of the Trust __ Agreement in order to permit Trust __ to make distributions on and redemptions of the Series __ Preferred Securities in accordance with Article IV of the Trust __ Agreement.
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Samples: Supplemental Indenture (Public Service Enterprise Group Inc), Supplemental Indenture (Pseg Power Capital Trust V)
Payment of Expenses of Trust. The Company covenants for the benefit of the Holders of the Series __ A Debentures to pay all of the obligations, costs and expenses of Trust __ in accordance with Section 2.03(b) of the Trust __ Agreement and to pay the taxes of Trust __ in accordance with Section 2.03(c) of the Trust __ Agreement in order to permit Trust __ to make distributions on and redemptions of the Series __ A Preferred Securities in accordance with Article IV of the Trust __ Agreement.
Appears in 1 contract
Payment of Expenses of Trust. The Company covenants ----------------------------- for the benefit of the Holders of the Series __ Debentures to pay all of the obligations, costs and expenses of the Trust __ in accordance with Section 2.03(b) of the Trust __ Agreement and to pay the taxes of the Trust __ in accordance with Section 2.03(c) of the Trust __ Agreement in order to permit the Trust __ to make distributions on and redemptions of the Series __ Preferred Securities in accordance with Article IV of the Trust __ Agreement.
Appears in 1 contract
Samples: Indenture (SJG Capital Trust)