Common use of Payments of Purchase Price Clause in Contracts

Payments of Purchase Price. The Company shall pay or cause to be paid for its account to the Trustee amounts equal to the amounts to be paid by the Trustee as the purchase price for such Bonds pursuant to Section 3.01 and Section 3.02 of the Indenture in respect of Outstanding Bonds, such amounts to be paid to the Trustee on the dates such payments are to be made pursuant to Section 3.01 and Section 3.02 of the Indenture; provided, however, that the obligation of the Company to make any such payment hereunder shall be reduced by the amount of any moneys held by the Trustee under the Indenture and available for such payment.

Appears in 7 contracts

Samples: Loan Agreement (Avista Corp), Loan Agreement (Enron Corp/Or/), Loan Agreement (Avista Corp)

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