Common use of Satisfaction and Discharge of the Indenture Clause in Contracts

Satisfaction and Discharge of the Indenture. When the principal of, premium, if any, and interest on all Bonds shall have been paid in accordance with their terms or provision has been made for such payment, as provided in Section 13.02 hereof, and provision shall also have been made for paying all other sums payable hereunder, including the fees and expenses of the Trustee and the Paying Agents to the date of retirement of the Bonds, then the duties of the Trustee under this Indenture shall cease. Thereupon the Trustee shall discharge and release this Indenture and shall execute, acknowledge and deliver to the Issuer such instruments of satisfaction and discharge or release as shall be requisite to evidence such release and the satisfaction and discharge of this Indenture, and shall assign and deliver to the Issuer any property at the time subject to this Indenture which may then be in its possession, except amounts in the Principal and Interest Payment Account required to be paid to the Company under Section 6.03(d) hereof and except funds or securities in which such funds are invested and held by the Trustee for the payment of the principal of, premium, if any, and interest on the Bonds. The Issuer is hereby authorized to accept a certificate by the Trustee that the principal of, premium, if any, and interest due and payable upon all of the Bonds then Outstanding or such payment provided for in accordance with Section 13.02 hereof as evidence of satisfaction of this Indenture, and upon receipt thereof shall deem this Indenture discharged.

Satisfaction and Discharge of the Indenture. (a) When (i) all of the principal of, premium, if any, and interest on all Bonds shall have been are deemed to be paid in accordance with their terms or provision has been made for such payment, as provided in Section 13.02 hereof1202, and (ii) provision shall also have has been made for paying all other sums payable hereunder, including the reasonable fees and expenses of the Trustee Trustee, the Issuer, the Paying Agent, the Bond Registrar, the Remarketing Agent and the Paying Agents Tender Agent to the date of retirement of the Bonds, and (iii) provision has been made for paying all obligations owed to the Letter of Credit Provider under the Letter of Credit Provider Documents, then the duties right, title and interest of the Trustee under this Indenture in respect hereof shall thereupon cease, determine and be void. Thereupon Thereupon, the Trustee shall cancel, discharge and release the lien of this Indenture and shall execute, acknowledge and deliver to the Issuer such instruments of satisfaction and discharge or release as shall be requisite necessary to evidence such release and the satisfaction and discharge of the lien of this Indenture, and shall assign and deliver to the Issuer any property and revenues at the time subject to this Indenture which that may then be in its possession, except amounts in the Principal and Interest Payment Account Bond Funds required to be paid to the Company Letter of Credit Provider and the Lessee under Section 6.03(d) hereof 507 and except funds or securities in which such funds are invested and held by the Trustee for the payment of the principal of, of and redemption premium, if any, and interest on the Bonds or the purchase price of any Undelivered Bonds. (b) The Issuer is hereby authorized to accept a certificate by the Trustee that the principal ofall amounts payable under clauses (a)(i), premium, if any, (ii) and interest due and payable upon all of the Bonds then Outstanding (iii) have been paid or such payment has been provided for in accordance with Section 13.02 hereof 1202 as evidence of satisfaction of this Indenture, and upon receipt thereof shall deem this Indenture discharged.

Satisfaction and Discharge of the Indenture. (a) When the principal of, premium, if any, and interest on all the Bonds shall have been paid in accordance with their terms or provision has been made for such payment, as provided in Section 13.02 1302 hereof, and provision shall also have been made for paying all other sums payable hereunder, including the fees and expenses of the Trustee and the Paying Agents to the date of retirement of the BondsBonds and the payment of arbitrage rebate to the United States as required by this Indenture, then the duties right, title and interest of the Trustee under this Indenture shall thereupon cease. Thereupon , determine and be void, and thereupon the Trustee shall cancel, discharge and release this Indenture and shall execute, acknowledge and deliver to the Issuer such instruments of satisfaction and discharge or release as shall be requisite to evidence such release and the satisfaction and discharge of this Indenture, and shall assign and deliver to the Issuer any property at the time subject to this Indenture which may then be in its possession, except amounts in the Principal and Interest Payment Account required to be paid to the Company Corporation under Section 6.03(d603(d) hereof and except funds or securities in which such funds are invested and held by the Trustee for the payment of the principal of, premium, if any, and interest on the Bonds. The Issuer is hereby authorized to accept a certificate Bonds or of arbitrage rebate by the Trustee that the principal of, premium, if any, and interest due and payable upon all of the Bonds then Outstanding or such payment provided for in accordance with Section 13.02 hereof as evidence of satisfaction of this Indenture, and upon receipt thereof shall deem this Indenture dischargedUnited States.

Satisfaction and Discharge of the Indenture. (a) When the principal of, premium, if any, and interest on all Bonds shall have been paid in accordance with their terms or provision has been made for such payment, as provided in Section 13.02 hereof, and provision shall also have been made for paying all other sums payable hereunder, including the fees and expenses of the Trustee and the Paying Agents to the date of retirement of the Bonds, then the duties of the Trustee under this Indenture shall cease. Thereupon the Trustee shall discharge and release this Indenture and shall execute, acknowledge and deliver to the Issuer such instruments of satisfaction and discharge or release as shall be requisite to evidence such release and the satisfaction and discharge of this Indenture, and shall assign and deliver to the Issuer any property at the time subject to this Indenture which may then be in its possession, except amounts in the Principal and Interest Payment Account required to be paid to the Company under Section 6.03(d) 6.03 hereof and except funds or securities in which such funds are invested and held by the Trustee for the payment of the principal of, premium, if any, and interest on the Bonds. The Issuer is hereby authorized to accept a certificate by the Trustee that the principal of, premium, if any, and interest due and payable upon all of the Bonds then Outstanding or such payment provided for in accordance with Section 13.02 hereof as evidence of satisfaction of this Indenture, and upon receipt thereof shall deem this Indenture discharged.