Common use of Discharge of Certain Covenants and Other Obligations Clause in Contracts

Discharge of Certain Covenants and Other Obligations. Upon the deposit with the Trustee, in trust, prior to maturity of money or securities of the kind and in the necessary amount (as provided in Section 12.04 of this Indenture) to pay or redeem Outstanding Securities of one or more Series (whether upon or prior to their maturity or the Redemption Date of such Securities, provided that, if such Securities are to be redeemed prior to the maturity thereof, notice of such redemption shall have been given as in Article Three hereof provided or provision satisfactory to the Trustee shall have been made for the giving of such notice), all of the obligations, covenants and agreements of the Guarantor with respect to such Securities under Sections 4.04, 4.05, 4.06 and 4.07 hereof shall cease, terminate and be completely discharged. In addition, upon such deposit any additional covenants and agreement of the Guarantor which may be set forth in any Supplemental Indenture and applicable to such Securities shall also cease, terminate and be completely discharged, unless the Guarantor shall deliver to the Trustee a written election to have any such covenants continue.

Discharge of Certain Covenants and Other Obligations. Upon the deposit with the Trustee, in trust, prior to maturity of money or securities of the kind and in the necessary amount (as provided in Section 12.04 11.05 of this Indenture) to pay or redeem Outstanding Securities of one or more Series (whether upon or prior to their maturity or the Redemption Date of such Securities, provided that, if such Securities are to be redeemed prior to the maturity thereof, notice of such redemption shall have been given as in Article Three Fourteen hereof provided or provision satisfactory to the Trustee shall have been made for the giving of such notice), all of the obligations, covenants and agreements of the Guarantor Company with respect to such Securities under Sections 4.043.05, 4.05, 4.06 3.06 and 4.07 10.01 hereof shall cease, terminate and be completely discharged. In 57 63 addition, upon such deposit any additional covenants and agreement of the Guarantor Company which may be set forth in any Supplemental Indenture and applicable to such Securities shall also cease, terminate and be completely discharged, unless the Guarantor Company shall deliver to the Trustee a written election to have any such covenants continue.