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 11.4 of this Subordinated Indenture) to pay or redeem Outstanding Subordinated Securities of one or more Series (whether upon or prior to their maturity or the Redemption Date of such Subordinated Securities, provided that, if such Subordinated 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 Corporation with respect to such Subordinated Securities under Sections 4.2, 4.3, 4.4 and 4.5 hereof shall cease, terminate and be completely discharged.

Appears in 1 contract

Samples: Providian Financing Iv

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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 11.4 11.04 of this Subordinated Indenture) to pay or redeem Outstanding Subordinated Securities of one or more Series (whether upon or prior to their maturity or the Redemption Date of such Subordinated Securities, provided that, if such Subordinated 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 Corporation Company with respect to such Subordinated Securities under Sections 4.2except those set forth in Section 4.01, 4.3, 4.4 4.03 and 4.5 hereof 4.04 shall cease, terminate and be completely discharged.

Appears in 1 contract

Samples: Ati Financing Ii

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 11.4 of this Subordinated Indenture) to pay or redeem Outstanding Subordinated Securities of one or more Series (whether upon or prior to their maturity or the Redemption Date of such Subordinated Securities, provided that, if such Subordinated 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 Corporation with respect to such Subordinated Securities under Sections 4.2, 4.3, 4.4 and 4.5 hereof shall cease, terminate and be completely discharged.

Appears in 1 contract

Samples: Indenture (Providian Financing Iv)

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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 11.4 11.04 of this Subordinated Indenture) to pay or redeem Outstanding Subordinated Securities of one or more Series (whether upon or prior to their maturity or the Redemption Date of such Subordinated Securities, provided that, if such Subordinated 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 Corporation Company with respect to such Subordinated Securities Securities, other than the covenants set forth under Sections 4.24.01, 4.34.02, 4.4 4.03, 4.04 and 4.5 hereof 4.05 hereof, shall cease, terminate and be completely discharged.

Appears in 1 contract

Samples: Ati Financing Ii

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