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

Discharge of Liability on Notes; Defeasance. (a) Subject to Sections 8.01(c), 8.02 and 8.06, this Indenture shall cease to be of any further effect after (i) either the Company has delivered to the Trustee all outstanding Notes (other than Notes replaced pursuant to Section 2.07) for cancellation or all outstanding Notes have become due and payable and the Company has irrevocably deposited with the Trustee or a Paying Agent money and/or U.S. Government Obligations in an amount sufficient (without reinvestment thereof) to pay when due all principal of, premium, if any, and interest on, all outstanding Notes (other than Notes replaced pursuant to Section 2.07), and (ii) the Company pays all other sums payable under this Indenture.

Discharge of Liability on Notes; Defeasance. (a) Subject to Sections 8.01(c), 8.02 ) and 8.06, this Indenture shall cease to be of any further effect after (i) either the Company has delivered to the Trustee all outstanding Notes (other than Notes replaced pursuant to Section 2.072.09) for cancellation or all outstanding Notes have become due and payable and the Company has irrevocably deposited with the Trustee or a Paying Agent money and/or U.S. Government Obligations Securities in an amount sufficient (without reinvestment thereof) to pay when due all principal of, premium, if any, and interest and Liquidated Damages, if any, on, all outstanding Notes (other than Notes replaced pursuant to Section 2.072.09), and (ii) the Company pays all other sums payable under this Indenture.

Discharge of Liability on Notes; Defeasance. (a) Subject to Sections 8.01(c), 8.02 ) and 8.06, this Indenture shall cease to be of any further effect after (i) either the Company has delivered to the Trustee all outstanding Notes (other than Notes replaced pursuant to Section 2.072.10) for cancellation or all outstanding Notes have become due and payable and the Company has irrevocably deposited with the Trustee or a Paying Agent money U.S. Legal Tender and/or U.S. Government Obligations Securities in an amount sufficient (without reinvestment thereof) to pay when due all principal of, premium, if any, and interest and Additional Interest, if any, on, all outstanding Notes (other than Notes replaced pursuant to Section 2.072.09), and (ii) the Company pays all other sums payable under this Indenture.

Discharge of Liability on Notes; Defeasance. (a) Subject to Sections 8.01(c), 8.02 ) and 8.06, this Indenture shall cease to be of any further effect after (i) either the Company has delivered to the Trustee all outstanding Notes (other than Notes replaced pursuant to Section 2.072.09) for cancellation or all outstanding Notes have become due and payable and the Company has irrevocably deposited with the Trustee or a Paying Agent money and/or U.S. Government Obligations Securities in an amount sufficient (without reinvestment thereof) to pay when due all principal of, premium, if any, and interest and Special Interest, if any, on, all outstanding Notes (other than Notes replaced pursuant to Section 2.072.09), and (ii) the Company pays all other sums payable under this Indenture.