Common use of Defeasance Clause in Contracts

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations for the payment of principal of and interest on the Notes to redemption or maturity, as the case may be.

Appears in 14 contracts

Samples: Indenture (United States Steel Corp), Eighth Supplemental Indenture (United States Steel Corp), Indenture (United States Steel Corp)

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Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes Securities and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations for the payment of principal of principal, premium, if any, and interest on the Notes Securities to redemption or final maturity, as the case may be.

Appears in 9 contracts

Samples: Indenture (ANTERO RESOURCES Corp), Indenture (ANTERO RESOURCES Corp), Indenture (ANTERO RESOURCES Corp)

Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its obligations under the Notes Securities, the Indenture and the Indenture Security Documents if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations for the payment of principal of principal, premium, if any, and interest on the Notes Securities to redemption or maturity, as the case may be.

Appears in 7 contracts

Samples: Joinder Agreement (FriendFinder Networks Inc.), Indenture (FRNK Technology Group), Interactive (FriendFinder Networks Inc.)

Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations Securities for the payment of principal of principal, premium, if any, and interest on the Notes to redemption or maturity, as the case may be.

Appears in 7 contracts

Samples: Indenture (Crown Media Holdings Inc), Indenture (CPG Newco LLC), CPG Merger Sub (CPG Newco LLC)

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its their obligations under the Notes Securities and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations for the payment of principal of and interest on the Notes Securities to redemption or maturity, as the case may be.

Appears in 6 contracts

Samples: Indenture (Star Gas Partners Lp), Indenture (Star Gas Partners Lp), Indenture (Star Gas Partners Lp)

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its their obligations under the Notes Securities and the this Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations for the payment of principal of and interest on the Notes Securities to redemption or maturity, as the case may be.

Appears in 5 contracts

Samples: Indenture (Star Gas Partners Lp), Indenture (Star Gas Finance Co), Indenture (Star Gas Partners Lp)

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its their obligations under the Notes and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations for the payment of principal of principal, premium, if any, and interest on the Notes to redemption or maturity, as the case may be. The Issuers in their sole discretion can defease the Notes.

Appears in 5 contracts

Samples: Mediacom Broadband (Mediacom Broadband Corp), Mediacom Broadband (Mediacom Broadband Corp), Mediacom Capital Corp

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes Securities and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations for the payment of principal of and interest on the Notes Securities to redemption or maturity, as the case may be.

Appears in 4 contracts

Samples: Indenture (Hanover Compressor Co /), Hanover Compressor Co /, Hanover Compressor Co /

Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations for the payment of principal of principal, premium, if any, and interest on the Notes to redemption or maturity, as the case may be.

Appears in 4 contracts

Samples: Indenture (Superior Energy Services Inc), Indenture (Superior Energy Services Inc), Indenture (Superior Energy Services Inc)

Defeasance. Subject to certain exceptions and conditions set forth specified in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes Securities and the Indenture if upon the Issuer deposits irrevocable deposit with the Trustee money of funds or U.S. Government Obligations sufficient for the payment of principal of and interest all the Securities on the Notes to redemption or maturity, as the case may bedates those payments are due and payable.

Appears in 4 contracts

Samples: Indenture (Halliburton Co), Seventh Supplemental Indenture (Halliburton Co), Halliburton Co

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer at any time may terminate some or all certain of its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations Securities for the payment of principal of and interest on the Notes to redemption or maturity, as the case may be.

Appears in 3 contracts

Samples: Indenture (Auna S.A.A.), Indenture (Auna S.A.), Indenture (Auna S.A.)

Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its their obligations under the Notes Securities and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations for the payment of principal of principal, premium, if any, and interest on the Notes Securities to redemption or maturity, as the case may be.

Appears in 3 contracts

Samples: Indenture (Mirant Corp), Indenture (Colt Defense Technical Services LLC), License Agreement (Colt Finance Corp.)

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its their obligations under the Notes and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations for the payment of principal of and interest on the Notes to redemption or maturity, as the case may be. The Issuers in their sole discretion can defease the Notes.

Appears in 3 contracts

Samples: Indenture (Mediacom LLC), Indenture (Mediacom Communications Corp), Mediacom LLC

Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations for the payment of principal of principal, premium, if any, and interest on the Notes to redemption or final maturity, as the case may be.

Appears in 3 contracts

Samples: Indenture (ANTERO RESOURCES Corp), Indenture (ANTERO RESOURCES Corp), Indenture (ANTERO RESOURCES Corp)

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its their obligations under the Notes and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations for the payment of principal of and interest on the Notes to redemption or maturity, as the case may be.

Appears in 3 contracts

Samples: Indenture (Usx Corp), Indenture (United States Steel Corp), United States Steel Corp

Defeasance. Subject to certain conditions set forth in the Indentureconditions, the Issuer at any time may terminate some or all of its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations for the payment of principal of and interest the Principal Amount at Maturity on all the Notes to redemption or maturity, as the case may beNotes.

Appears in 2 contracts

Samples: Indenture (Aerial Communications Inc), Indenture (American Portable Telecom Inc)

Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its their obligations under the Notes and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations Securities for the payment of principal of principal, premium and Special Interest, if any, and interest on the Notes to redemption or maturity, as the case may be.

Appears in 2 contracts

Samples: Indenture (Northern Tier Energy LLC), Indenture (Northern Tier Energy, Inc.)

Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its their obligations under the Notes and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations Securities for the payment of principal of principal, premium, if any, and interest on the Notes to redemption or maturity, as the case may be.

Appears in 2 contracts

Samples: Indenture (Northern Tier Energy LLC), Indenture (Northern Tier Energy, Inc.)

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its their obligations under the Notes and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. non-callable Government Obligations Securities for the payment of principal of principal, premium, interest and interest Special Interest, if any, on the Notes to redemption or maturity, as the case may be.

Appears in 2 contracts

Samples: Indenture (Tronox Inc), Tronox (Tronox Inc)

Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations Securities for the payment of principal of principal, premium, if any, and interest on the Notes to redemption or maturity, as the case may be.

Appears in 2 contracts

Samples: Indenture (Armored AutoGroup Inc.), Indenture (Burger King Holdings Inc)

Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its obligations under the Notes Securities and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations for the payment of principal of principal, premium, if any, and interest on the Notes Securities to redemption or final maturity, as the case may be.

Appears in 2 contracts

Samples: Indenture (Alta Mesa Holdings, LP), Indenture (Alta Mesa Energy LLC)

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes Securities and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations for the payment of principal of principal, premium, interest and interest Additional Interest, if any, on the Notes Securities to redemption or maturity, as the case may be.

Appears in 2 contracts

Samples: Registration Rights Agreement (Nuevo Permian Inc.), Indenture (Nuevo Permian Inc.)

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Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer at any time may terminate some or all certain of its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee money or and/or U.S. Government Obligations for the payment of principal of and interest on the Notes to redemption or maturity, as the case may be.

Appears in 2 contracts

Samples: Indenture (Camposol Holding PLC), Indenture (Camposol Holding PLC)

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its their obligations under the Notes and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations for the payment of principal of and interest on the Notes to redemption or maturity, as the case may be.

Appears in 2 contracts

Samples: Quiksilver (Quiksilver Inc), Quiksilver (Quiksilver Inc)

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer at any time may terminate some or all certain of its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations Securities for the payment of principal of and interest on the Notes to redemption or maturity, as the case may be.

Appears in 1 contract

Samples: Indenture (Cementos Pacasmayo Saa)

Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its their obligations under the Notes and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations Securities for the payment of principal of (or if prior to April 15, 2016, the Accreted Value) of, premium, if any, and interest on the Notes to redemption or maturity, as the case may be.

Appears in 1 contract

Samples: Indenture (Justice Delaware Holdco Inc.)

Defeasance. Subject to certain conditions set forth provided for in the Indenture, the Issuer Issuers at any time may terminate some or all of its their obligations under the Notes and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations for the payment of principal of principal, premium (if any) and interest on the Notes to redemption or maturity, as the case may be.

Appears in 1 contract

Samples: Resort at Summerlin Inc

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes Securities and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations for the payment of principal Principal of and interest on the Notes Securities to redemption or maturity, as the case may be.

Appears in 1 contract

Samples: Usani LLC

Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations Securities for the payment of principal of principal, premium, if any, and interest interest, including Additional Interest, if any, on the Notes to redemption or maturity, as the case may be.

Appears in 1 contract

Samples: Indenture (Radioshack Corp)

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations for the payment of principal of and interest on the Notes to redemption or maturity, as the case may be. 97 7 12.

Appears in 1 contract

Samples: Spectrasite Holdings Inc

Defeasance. Subject to certain exceptions and conditions set forth in the Indenture, the Issuer Issuers at any time may terminate some or all of its obligations under the Notes Securities and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Obligations for the payment of principal of principal, premium, if any, and interest on the Notes Securities to redemption or maturity, as the case may be.

Appears in 1 contract

Samples: Gerdau Usa Inc

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer at any time may terminate some or all certain of its obligations and the obligations of the Guarantors under the Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations Securities for the payment of principal of and interest on the Notes to redemption or maturity, as the case may be.

Appears in 1 contract

Samples: Indenture (Auna S.A.)

Defeasance. Subject to certain conditions set forth in the Indenture, the Issuer at any time may terminate some or all of its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations for the payment of principal of and interest on the Notes to redemption or maturity, as the case may be.

Appears in 1 contract

Samples: Indenture (Kingsway Financial Services Inc)

Defeasance. Subject to certain conditions set forth in the Indentureconditions, the Issuer at any time may terminate some or all of its obligations under the Notes Securities and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations for the payment of principal of and interest on the Notes Securities to redemption or maturity, as the case may be.

Appears in 1 contract

Samples: Investment Agreement (Americold Corp /Or/)

Defeasance. Subject to certain conditions set forth in the this Indenture, the Issuer at any time may terminate some or all certain of its obligations under the New Notes and the this Indenture if the Issuer deposits with the Trustee money or U.S. Government Obligations for the payment of principal of and interest on the New Notes to redemption or maturity, as the case may be.

Appears in 1 contract

Samples: Indenture (Camposol Holding PLC)

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