Releases of Guarantees. (a) If the Securities are defeased in accordance with the terms of Article 4 of this Indenture, then each Guarantor shall be deemed to have been released from and discharged of its obligations under its Guarantee as provided in Article 4 hereof, subject to the conditions stated therein.
Appears in 2 contracts
Samples: Indenture (Federal Mogul Corp), Federal Mogul U K Holdings Inc
Releases of Guarantees. (a) If the Securities are defeased in accordance with the terms of Article 4 VIII of this Indenture, then each Guarantor shall be deemed to have been released from and discharged of its obligations under its Guarantee as provided in Article 4 hereofVIII hereof in respect of such Securities, subject to the conditions stated therein.
Appears in 2 contracts
Samples: Indenture (Lear Corp Eeds & Interiors), Indenture (Lear Corp Eeds & Interiors)
Releases of Guarantees. (a) If the Securities are ---------------------- defeased in accordance with the terms of Article 4 VIII of this Indenture, then each Guarantor shall be deemed to have been released from and discharged of its obligations under its Guarantee as provided in Article 4 VIII hereof, subject to the conditions stated therein.
Appears in 1 contract
Samples: Federal Mogul Corp
Releases of Guarantees. (a) If the Securities are defeased in accordance with the terms of Article 4 VIII of this Indenture, then each Guarantor shall be deemed to have been released from and discharged of its obligations under its Guarantee as provided in Article 4 VIII hereof, subject to the conditions stated therein.
Appears in 1 contract
Samples: Indenture (Trylon Corp/Mi/)
