Common use of OUTSIDE PAYING AGENT Clause in Contracts

OUTSIDE PAYING AGENT. Whenever the Company shall have one or more paying agents, it will, on or prior to each due date of the principal of, and premium, if any, or interest on any Debentures, deposit with, or make available to, the paying agent a sum sufficient to pay the principal, or interest so becoming due, such sum to be held in trust for the benefit of the persons entitled to such principal, or interest.

OUTSIDE PAYING AGENT. Whenever the Company shall have one or more paying agents, it will, on or prior to each due date of the principal of, and premium, if any, of or interest on any DebenturesNotes, deposit with, or make available to, the paying agent a sum sufficient to pay the principal, or interest so becoming due, such sum to be held in trust for the benefit of the persons entitled to such principal, or interest.

OUTSIDE PAYING AGENT. Whenever the Company shall have one or more paying agents, it will, on or prior to each due date of the principal of, and premium, if any, or interest on on, any Debentures, deposit with, or make available to, the paying agent a sum sufficient to pay the principal, principal or interest so becoming due, such sum to be held in trust for the benefit of the persons entitled to such principal, premium or interest.

OUTSIDE PAYING AGENT. Whenever the Company shall have one or more paying agents, it will, on or prior to each due date of the principal of, and premium, if any, or interest on any DebenturesNotes, deposit with, or make available to, the paying agent a sum sufficient to pay the principal, or interest so becoming due, such sum to be held in trust for the benefit of the persons entitled to such principal, or interest.