Future Payments by Hydro. On or before the dates set out in the subsection 2.2.1 Financial Schedule, Hydro covenants and agrees to pay, by cheque or bank draft payable to War Lake, the Financial Proceeds, to be paid by Hydro, to be settled on the Trustees in accordance with the Indenture.
Future Payments by Hydro. Hydro covenants and agrees to make the following additional payments by cheque or bank draft payable to Fox Lake to be settled on the Trustees in accordance with the Indenture: