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.
Appears in 2 contracts
Samples: Supplemental Indenture (Public Service Enterprise Group Inc), 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
Samples: Pseg Power Capital Trust V
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: SJG Capital Trust
