Common use of Escrow of Interest Payments Clause in Contracts

Escrow of Interest Payments. On the Mandatory Redemption Date, the Company shall and shall cause the Guarantors to enter into an Escrow Agreement in the form attached hereto as Exhibit J with Xxxxx Fargo Bank, National Association, in its capacity as Escrow Agent, and the Trustee, and shall deposit into the escrow account under such agreement, for the benefit of the holders of the New Notes, cash in an amount that, in the good faith estimate of the Company, together with the proceeds of the investment thereof, will be sufficient to pay the cash portion of the interest on the New Notes for the first six scheduled interest payments on the New Notes.