Common use of Discharge Before Redemption or Maturity Clause in Contracts

Discharge Before Redemption or Maturity. If the Company at any time deposits with the Trustee money or Governmental Obligations as described in the Indenture sufficient to pay at redemption or maturity the Accreted Amount on all Series 1999D Bonds at the time Outstanding under the Indenture, and if the Company also pays or causes to be paid all other sums then payable by the Company pursuant to the terms of the Indenture, the lien of the Indenture with respect to the Series 1999D Bonds will be discharged. After discharge, Series 1999D Bondholders must look only to the deposited money and securities for payment. Governmental Obligations are securities backed by the faith and credit of the United States, or securities evidencing ownership interest in such full-faith-and-credit securities.

Discharge Before Redemption or Maturity. If the Company at any time deposits with the Trustee money or Governmental Obligations as described in the Indenture sufficient to pay at redemption or maturity the Accreted Amount principal of and interest on all Series 1999D 1999C Bonds at the time Outstanding under the Indenture, and if the Company also pays or causes to be paid all other sums then payable by the Company pursuant to the terms of the Indenture, the lien of the Indenture with respect to the Series 1999D 1999C Bonds will be discharged. After discharge, Series 1999D 1999C Bondholders must look only to the deposited money and securities for payment. Governmental Obligations are securities backed by the faith and credit of the United States, or securities evidencing ownership interest in such full-faith-and-credit securities.

Discharge Before Redemption or Maturity. If the Company at any time deposits with the Trustee money or Governmental Obligations Obligations, as described in the Indenture Indenture, sufficient to pay at redemption or maturity the Accreted Amount principal of and interest on all Series 1999D 1999A Bonds at the time Outstanding under the Indenture, and if the Company also pays or causes to be paid all other sums then payable by the Company pursuant to the terms of the Indenture, the lien of the Indenture with respect to the such Series 1999D 1999A Bonds will be discharged. After discharge, Series 1999D 1999A Bondholders must look only to the deposited money and securities for payment. Governmental Obligations are securities backed by the faith and credit of the United States, or securities evidencing ownership interest in such full-faith-and-credit securities.

Discharge Before Redemption or Maturity. If the Company at any time deposits with the Trustee money or Governmental Obligations as described in the Indenture sufficient to pay at redemption or maturity the Accreted Amount principal of and interest on all Series 1999D 1999C Bonds at the time Outstanding under the Indenture, and if the Company also pays or causes to be paid all other sums then payable by the Company pursuant to the terms of the Indenture, the lien of the Indenture with respect to the Series 1999D 1999C Bonds will be discharged. After discharge, Series 1999D 1999C Bondholders must look only to the deposited money and securities for payment. Governmental Obligations are securities backed by the faith and credit of the United States, or securities evidencing ownership interest in such full-faith-and-credit securities.

Discharge Before Redemption or Maturity. If the Company at any time deposits with the Trustee money or Governmental Obligations as described in the Indenture sufficient to pay at redemption or maturity the Accreted Amount principal of and interest on all Series 1999D 1999B Bonds at the time Outstanding under the Indenture, and if the Company also pays or causes to be paid all other sums then payable by the Company pursuant to the terms of the Indenture, the lien of the Indenture with respect to the such Series 1999D 1999B Bonds will be discharged. After discharge, Series 1999D 1999B Bondholders must look only to the deposited money and securities for payment. Governmental Obligations are securities backed by the faith and credit of the United States, or securities evidencing ownership interest in such full-faith-and-credit securities.