Common use of Discharge and Defeasance Clause in Contracts

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

Appears in 12 contracts

Samples: Supplemental Indenture (Sensata Technologies Holding PLC), Supplemental Indenture (Sensata Technologies Holding PLC), Supplemental Indenture (Sensata Technologies Holding PLC)

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

Appears in 4 contracts

Samples: Indenture (Alpha Natural Resources, Inc.), Indenture (Alpha Natural Resources, Inc.), Credit Agreement (Alpha Natural Resources, Inc.)

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

Appears in 3 contracts

Samples: Indenture (Delek Logistics Partners, LP), Supplemental Indenture (Delek Logistics Partners, LP), Delek Logistics Partners, LP

Discharge and Defeasance. Subject to certain conditions, the Issuer at any time may terminate some of or all of its obligations under the Notes, the Note Guarantees 2013 Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Securities Obligations for the payment of principal of of, and interest on the 2013 Notes to redemption redemption, or maturity, as the case may be.

Appears in 2 contracts

Samples: Indenture (Intelsat LTD), Supplemental Indenture (Intelsat LTD)

Discharge and Defeasance. Subject to certain conditions, the Issuer Issuers at any time may shall be entitled to terminate some or all of its their obligations under the Notes, the Note Guarantees Notes and the Indenture if the Issuer deposits Issuers deposit with the Trustee money or U.S. Government Securities 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 (Chrysler Group LLC), Indenture (Global Aviation Holdings Inc.)

Discharge and Defeasance. Subject to certain conditions, the Issuer Issuers at any time may terminate some or all of its obligations under the Notes, the Note Guarantees and the Indenture if the Issuer deposits Issuers deposit with the Trustee money in U.S. dollars or U.S. Government Securities 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: Supplemental Indenture (Coty Inc.), Supplemental Indenture (Coty Inc.)

Discharge and Defeasance. Subject to certain conditions, the Issuer at any time may terminate some of or all of its obligations under the Notes, the Note Guarantees 2015 Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Securities Obligations for the payment of principal of of, and interest on the 2015 Notes to redemption redemption, or maturity, as the case may be.

Appears in 2 contracts

Samples: Indenture (Intelsat LTD), Supplemental Indenture (Intelsat LTD)

Discharge and Defeasance. Subject to certain conditions, the Issuer Issuers at any time may terminate some or all of its obligations under the Notes, the Note Guarantees and the Indenture if the Issuer deposits Issuers deposit with the Trustee money in euros or U.S. Euro Government Securities 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: Supplemental Indenture (Coty Inc.)

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

Appears in 1 contract

Samples: Indenture (PT Centralpertiwi Bahari)

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

Appears in 1 contract

Samples: Acs Infosource Inc

Discharge and Defeasance. Subject to certain conditions, the Issuer at any time may terminate some of or all of its obligations under the Notes, the Note Guarantees 2016 Notes and the Indenture if the Issuer deposits with the Trustee money or U.S. Government Securities Obligations for the payment of principal of of, and interest on the 2016 Notes to redemption redemption, or maturity, as the case may be.

Appears in 1 contract

Samples: Covenants (Intelsat LTD)

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

Appears in 1 contract

Samples: Indenture (CDW Corp)

Discharge and Defeasance. Subject to certain conditions, the Issuer at any time may terminate some of or all of its obligations under the Notes, the Note Guarantees Securities and the Indenture if the Issuer or the Company deposits with the Trustee money or U.S. Government Securities 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: Execution Copy (Canadian Forest Oil LTD)

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