Common use of Discharge of Liability on Securities; Defeasance Clause in Contracts

Discharge of Liability on Securities; Defeasance. (a) When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.07) for cancellation or (ii) all outstanding Securities have become due and payable, and the Company irrevocably deposits with the Trustee money sufficient to pay at maturity all outstanding Securities, including interest thereon, if any, (other than Securities replaced pursuant to Section 2.07) and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Sections 8.01(c) and 8.06, cease to be of further effect. The Trustee shall acknowledge satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and an Opinion of Counsel as to the satisfaction of all conditions to such satisfaction and discharge of this Indenture and at the cost and expense of the Company.

Discharge of Liability on Securities; Defeasance. (a) When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.072.7 hereof) canceled or for cancellation or (ii) all outstanding Securities have become due and payable, payable and the Company irrevocably deposits with the Trustee money funds sufficient to pay at maturity all outstanding Securities, including interest thereon, if any, thereon (other than Securities replaced pursuant to Section 2.07) 2.7 hereof), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Sections 8.01(c8.1(e) and 8.068.6 hereof, cease to be of further effect. The Trustee shall acknowledge satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and an Opinion of Counsel as to the satisfaction of all conditions to such satisfaction and discharge of this Indenture and at the cost and expense of the Company.

Discharge of Liability on Securities; Defeasance. (a) When (i) the Company Corporation delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.072.10) for cancellation or (ii) all outstanding Securities have become due and payable, payable and the Company Corporation irrevocably deposits with the Trustee money funds sufficient to pay at maturity or upon redemption all outstanding Securities, Securities including interest thereon, thereon if any, any (other than Securities replaced pursuant to Section 2.07) 2.10), and if in either case the Company Corporation pays all other sums payable hereunder by the CompanyCorporation, then this Indenture shall, subject to Sections 8.01(c9.01(c) and 8.069.06, cease to be of further effect. The Upon satisfaction of the conditions set forth herein and upon the Corporation's request (and at the Corporation's expense), the Trustee shall acknowledge satisfaction and discharge of this Indenture on demand of the Company Corporation accompanied by an Officers' Certificate and an Opinion of Counsel as to the satisfaction of all conditions to such satisfaction and discharge of this Indenture and at the cost and expense of the CompanyCorporation.

Discharge of Liability on Securities; Defeasance. (a) When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.07) for cancellation or (ii) all outstanding Securities have become due and payable, payable and the Company irrevocably deposits with the Trustee money funds sufficient to pay at maturity or redemption, as the case may be, all outstanding Securities, including interest thereon, if any, Securities (other than Securities replaced pursuant to Section 2.07), including all interest and premium (if any) thereon, and if in either case the Company pays all other sums then due and payable hereunder by the Companyhereunder, then this Indenture shall, subject to Sections 8.01(c) and 8.06, cease to be of further effect. The Trustee shall acknowledge satisfaction and discharge of this Indenture on demand of the Company (accompanied by an Officers' Certificate of the Company and an Opinion of Counsel as to the satisfaction of all conditions to such satisfaction and discharge of this Indenture Counsel) and at the cost and expense of the Company.

Discharge of Liability on Securities; Defeasance. (a) When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.07) for cancellation or (ii) all outstanding Securities have become due and payable, payable at maturity and the Company irrevocably deposits with the Trustee money funds sufficient to pay at maturity all outstanding Securities, including interest thereon, if any, thereon to maturity (other than Securities replaced pursuant to Section 2.07) ), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Sections 8.01(c) and 8.06), cease to be of further effect. The Trustee shall acknowledge satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and an Opinion of Counsel as to the satisfaction of all conditions to such satisfaction and discharge of this Indenture and at the cost and expense of the Company.. 77

Discharge of Liability on Securities; Defeasance. (a) When (i) the Company delivers to the Trustee all outstanding Outstanding Securities (other than Securities replaced pursuant to Section 2.07) for cancellation cancelation or (ii) all outstanding Outstanding Securities have become due and payable, payable and the Company irrevocably deposits with the Trustee money funds sufficient to pay at maturity all outstanding Outstanding Securities, including interest thereon, if any, any (other than Securities replaced pursuant to Section 2.07) ), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Sections 8.01(c) and 8.06, cease to be of further effect. The Trustee shall acknowledge satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and an Opinion of Counsel as to the satisfaction of all conditions to such satisfaction and discharge of this Indenture and at the cost and expense of the Company.

Discharge of Liability on Securities; Defeasance. (a) When If (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.072.7) for cancellation or (ii) all outstanding Securities have become due and payable, payable and the Company irrevocably deposits with the Trustee money as trust funds solely for the benefit of the Holders for that purpose funds sufficient to pay at maturity the principal of and all accrued interest on all outstanding Securities, including interest thereon, if any, Securities (other than Securities replaced pursuant to Section 2.07) 2.7), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shallthen, subject to Sections 8.01(c) 7.2 and 8.067.7, this Indenture shall cease to be of further effect. The Trustee shall acknowledge satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and an Opinion of Counsel as to the satisfaction of all conditions to such satisfaction and discharge of this Indenture and at the cost and expense of the Company.

Discharge of Liability on Securities; Defeasance. (a) When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.07) for cancellation cancelation or (ii) all outstanding Securities have become due and payable, payable at maturity and the Company irrevocably deposits with the Trustee money funds sufficient to pay at maturity all outstanding Securities, including interest thereon, if any, thereon to maturity (other than Securities replaced pursuant to Section 2.07) ), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Sections 8.01(c) and 8.06), cease to be of further effect. The Trustee shall acknowledge satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and an Opinion of Counsel as to the satisfaction of all conditions to such satisfaction and discharge of this Indenture and at the cost and expense of the Company.

Discharge of Liability on Securities; Defeasance. (a) When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.072.7) for cancellation or (ii) all outstanding Securities have become due and payable, payable and the Company irrevocably deposits with the Trustee money funds sufficient to pay at maturity all outstanding Securities, including interest thereon, if any, thereon (other than Securities replaced pursuant to of Section 2.07) 2.7), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Sections 8.01(c8.1(c) and 8.068.6, cease to be of further effect. The Trustee shall acknowledge satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and an Opinion of Counsel as to the satisfaction of all conditions to such satisfaction and discharge of this Indenture and at the cost and expense of the Company.

Discharge of Liability on Securities; Defeasance. (a) When If (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.072.9) for cancellation or (ii) all outstanding Securities have become due and payable, payable and the Company irrevocably irrevoca bly deposits with txx Trustee as trust funds solely for the Trustee money benefit of the Holders for that purpose funds sufficient to pay at maturity the principal of and all accrued interest on all outstanding Securities, including interest thereon, if any, Securities (other than Securities replaced pursuant to Section 2.07) 2.9), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shallthen, subject to Sections 8.01(c) 7.2 and 8.067.7, this Indenture shall cease to be of further effect. The Trustee shall acknowledge satisfaction and discharge of this Indenture on demand of the Company accompanied accompa nied by an Officers' Certificate Xertificate and an Opinion of Counsel as to the satisfaction of all conditions to such satisfaction and discharge of this Indenture and at the cost and expense of the Company.

Discharge of Liability on Securities; Defeasance. (a) When (i) the Company delivers to the Trustee all outstanding Outstanding Securities (other than Securities replaced pursuant to Section 2.07) for cancellation or (ii) all outstanding Outstanding Securities have become due and payable, payable and the Company irrevocably deposits with the Trustee money funds sufficient to pay at maturity all outstanding Outstanding Securities, including interest thereon, if any, any (other than Securities replaced pursuant to Section 2.07) ), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Sections 8.01(c) and 8.06, cease to be of further effect. The Trustee shall acknowledge acknow ledge satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and an Opinion of Counsel as to the satisfaction of all conditions to such satisfaction and discharge of this Indenture and at the cost and expense of the Company.

Discharge of Liability on Securities; Defeasance. (a) When If (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.072.9) for cancellation or (ii) all outstanding Securities have become due and payable, payable and the Company irrevocably deposits with the Trustee money as trust funds solely for the benefit of the Holders for that purpose funds sufficient to pay at maturity the principal of and all accrued interest on all outstanding Securities, including interest thereon, if any, Securities (other than Securities replaced pursuant to Section 2.07) 2.9), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shallthen, subject to Sections 8.01(c) 7.2 and 8.067.7, this Indenture shall cease to be of further effect. The Trustee shall acknowledge satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and an Opinion of Counsel as to the satisfaction of all conditions to such satisfaction and discharge of this Indenture and at the cost and expense of the Company.