Common use of Defeasance and Redemption Clause in Contracts

Defeasance and Redemption. (a) The Local Government shall not defease or redeem its obligations under this Agreement, except as provided in this Section 6.2.

Appears in 3 contracts

Samples: Local Lease Acquisition Agreement, Prime Lease, Local Lease Acquisition Agreement

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Defeasance and Redemption. (a) The Local Government shall not defease or redeem its obligations under this Agreement, except as provided in this Section 6.2.

Appears in 1 contract

Samples: Local Lease Acquisition Agreement and Financing Lease

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